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Tag:Oil Firms

NOGOF 2025: Oil firms urged to shore up production to meet OPEC quota

The Minister of State for Petroleum Resources (Gas), Chief Ekperenkpo Ekpo, on Wednesday, May 21, 2025, urged oil and gas stakeholders to collaborate to...

Minister worries National Assembly summonses distract oil firms from core work

Minister of State for Petroleum (Oil), Heineken Lokpobiri, has expressed concern over the frequent summonses issued by the National Assembly to international oil companies...

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...

Reps query oil firms over environmental degradation in Niger Delta

The House of Representatives Joint Committee on Environment, Petroleum Resources Upstream, Petroleum Resources Downstream and Climate Change has queried oil producing companies operating in...

Govt urges local, foreign oil firms to help tackle energy poverty

The Minister of State, Petroleum Resources, Chief Timipre Sylva, has called on both local and international oil companies to join hands with the Federal...

Environmentalist tasks oil firms on onshore pollution cleaning

An environmentalist, Dr Nnimmo Bassey, has urged oil firms in the Niger Delta to clean up polluted onshore sites before moving their activities offshore. Bassey...

PIB proposes revocation of licences of oil firms over neglect of host communities

The new Petroleum Industry Bill (PIB) before the National Assembly is proposing the revocation of licenses for oil and gas companies who neglect their...

Latest news

UN carbon market approves first‑ever issuance of credits under the Paris Agreement

A UN Body has approved the first credits to be issued under the UN carbon market established by the Paris Agreement.  The approved activity is...
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Gov Kefas flags off Bobboji Storm Water Project, upgrades ACReSAL to full-fledged agency

The Governor of Taraba State, Dr. Agbu Kefas, has officially flagged off the implementation of the Resettlement Action Plan...

Sagamu-Ibadan gas pipeline hits 80% completion as REA earmarks N170bn for 500 power projects

The Managing Director of NIPCO Gas Ltd., Mr. Nagendra Verma, says the 18-inch, 80-kilometre Sagamu–Ibadan natural gas pipeline has...

Must read

UN carbon market approves first‑ever issuance of credits under the Paris Agreement

A UN Body has approved the first credits to be issued under...

Gov Kefas flags off Bobboji Storm Water Project, upgrades ACReSAL to full-fledged agency

The Governor of Taraba State, Dr. Agbu Kefas, has...
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