Oil&Gas - Page 12

The Organisation of the Petroleum Exporting Countries (OPEC) has replaced Rystad Energy and the U.S. Energy Information Administration (EIA) with Kpler, OilX, and ESAI as secondary sources for assessing crude oil production

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC)will henceforth deny export permits for crude oil cargoes intended for domestic refining, if oil companies do not fulfill their domestic crude obligations. It insists that

Group Chief Executive Officer,Oando Plc, Wale Tinubu,says the company will drive cost optimization, operational efficiency, streamline processes, enhance procurement, and leverage technology to improve productivity across its operations in 2025.   Tinubu,who

The Nigerian National Petroleum Company Limited and its partners,on Thursday launched five mini-Liquiefied Natural Gas (LNG) Plants in Ajaokuta, Kogi State. The groundbreaking ceremony signalled the commencement of construction works on the

The Federal Government,Tuesday announced award of 10 gas Distribution Licenses to six top-tier firms in the country. Louis Ibah, the Spokesperson to the Minister of State Petroleum Resources (Gas),conveyed this in a

The Nigeria Extractive Industries Transparency Initiative (NEITI) has announced that it is working closely with the Economic and Financial Crimes Commission (EFCC) to recover approximately $6 billion and N66 billion from oil

Nigeria is set to launch the College of Petroleum and Energy Studies in Kaduna. The country has partnered the University of Portsmouth, among other UK universities to bring the project alive.  The Petroleum

The Nigeria Extractive Industries Transparency Initiative (NEITI),has urged the Nigerian National Petroleum Company Limited to expedite action on the second phase of the Port Harcourt Refinery and the ongoing rehabilitation of the

Kano State Investment Promotion Agency, KANINVEST,has signed a Memorandum of Understanding, MoU, with STATA Power Utility Nigeria Limited on implementation of customized gas programme in the state. At the signing ceremony on

 Seplat Energy Plc,has pledged its commitment to partner  the Akwa Ibom State Government on sustainable development. The company’s board chairman,Senator Udoma Udo Udoma,disclosed this on Tuesday when he led Seplat’s delegation to