Oil&Gas - Page 14

Nigerian independent oil and gas company, FIRST Exploration and Petroleum Development Company (FIRST E&P), has announced a target of 250,000 barrels of oil equivalent per day in equity production by 2030.  The

Northeast governors have said that resumption of oil exploration in the frontier wells of Kolmani and Lake Chad,will boost the region’s economy and improve its security. Borno State Governor Babagana Umara Zulum,

The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun,on Thursday  held strategic discussions with the management of Nigeria LNG Limited (NLNG) and other stakeholders on critical issues aimed at

The Federal Government has not removed subsidies or increased the price of Compressed Natural Gas (CNG) in the country. Matilda Johnson, Brands and Corporate Communications Manager for the Presidential Initiative on Compressed

The Nigerian National Petroleum Company Limited, has appointed Mr. Andy Odeh and Mrs. Morenike Adewunmi, as its new Chief Corporate Communications Officer, Chief Relations Officer respectively. Conveying this in a press statement

The Nigerian National Petroleum Company (NNPC) Ltd, in partnership with the TotalEnergies–Sapetro Consortium, has executed a Production Sharing Contract (PSC) for Petroleum Prospecting Licences (PPLs) 2000 and 2001. The development marks a

Nigeria’s daily gas production increased to 7.59 billion standard cubic feet per day (BSCFD), just as gas flaring fell to 7.16% in July 2025, the Nigerian Upstream Petroleum Regulatory Commission,NUPRC, has revealed.

The Chairman of off-grid impact investment company All On, and Managing Director of Shell Nigeria Exploration and Production Company Ltd (SNEPCo), Ronald Adams has said that Nigeria needs bold investments to address

Group Chief Executive Officer of Nigerian National Petroleum Company Limited, Engr. Bayo Ojulari,says his management team prioritised reviving the nation’s refineries since they came on board five months ago. He explained that

Brazil’s state-owned oil company will soon return to Nigeria, five years after it halted its joint venture operations in the country. President Bola Tinubu welcomed the imminent return,saying it would reignite economic