Oil & Gas

NCDMB commends Heritage Energy, pledges support for OML 30 projects

The leadership of Heritage Energy & Oil Services Limited and its joint venture partners recently visited the Executive Secretary of Nigerian Content Development and...

Reps secure seven major oil firms’ commitment to settle $37.4m debt

The House of Representatives has secured the commitment of seven major oil companies to pay the $37,435,094.52 (approximately ₦58 billion) owed the country before...

NCDMB acquires 20% equity in 100kbpd refinery project

The Nigerian Content Development and Monitoring Board (NCDMB) has sealed a deal to acquire 20 per cent equity in a 100,000 barrels per day...

Govt vows to address North-East energy challenges, promotes gas-powered economy

The Federal Government of Nigeria has reaffirmed its commitment to tackling the energy challenges plaguing the North-East region, ensuring that clean energy becomes accessible...

NCDMB rallies NNPC, oil producers to boost in-country manufacturing of line pipes

The Nigerian Content Development and Monitoring Board (NCDMB) on Thursday, March 6, 2025, achieved a much-needed consensus among critical oil and gas industry stakeholders...

NNPC, FIRST E&P announce oil discovery in OML 85

The Nigerian National Petroleum Company Limited (NNPC Limited) and FIRST Exploration & Petroleum Development Company Limited (FIRST E&P) Joint Venture (JV) have made a...

African national oil companies drive exploration, production through IOC collaboration

Africa’s national oil companies (NOCs) are moving beyond operating as state-representatives by transforming themselves into competitive upstream players. By strengthening their balance-sheets through partial...

Group commends Tinubu on improved crude oil production

The Tinubu Stakeholders Forum (TSF) has commended President Bola Tinubu’s administration for the increase in rig count from 19 to 40, with projections of...

Latest news

MOSOP seeks compliance with wetlands protection in Ogoniland oil plans

The Movement for the Survival of Ogoni People (MOSOP) says it is seeking compliance with wetlands protection in oil...
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G7 urged to tax fossil fuel windfall profits amid surging oil prices

G7 countries were on Tuesday, March 10, 2026, urged to enact a windfall tax or tax on the excess...

South Africa: Budget 2026 fails to fast-track just transition, tackle inequality – Group

In a period of economic uncertainty and escalating climate impacts, The Green Connection is of the opinion that South Africa's Budget 2026 misses...

Must read

MOSOP seeks compliance with wetlands protection in Ogoniland oil plans

The Movement for the Survival of Ogoni People (MOSOP)...

G7 urged to tax fossil fuel windfall profits amid surging oil prices

G7 countries were on Tuesday, March 10, 2026, urged...
- Advertisement -spot_imgspot_img

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