Oil&Gas - Page 147

The Minister of State for Petroleum Resources, Timipre Sylva,  has emphasized the need for  Africa to be innovative and rely less on foreign funding for hydrocarbon projects The minister said this during

The Central Bank Governor, Godwin Emefiele, has said that petroleum products took about 25 per cent of the country’s import. He also said Nigeria will save about $3bn from petroleum products imports

The Nigeria International Petroleum Summit (NIPS), the African Petroleum Technology & Business Conference, scheduled for June 6 – 10, 2021, will come up with an action plan for Africa’s oil and gas

Savannah Energy Plc,is advancing exclusive discussions with ExxonMobil Corporation with respect to the proposed acquisition of its entire upstream and midstream asset portfolio in Chad and Cameroon. The company said  the planned

The Nigerian National Petroleum Corporation (NNPC) has said that the Nigerian oil and gas industry will require at least $40 billion in direct investments in basic infrastructure to achieve  the federal government’s

The Nigerian National Petroleum Corporation has said that it is currently considering equity participation in a number of private refineries in the country. The Corporation’s spokesman,Dr.Kennie Obateru,explained that  the decision is in

 The Federal Government said Nigeria left over 40million barrels fallow in 11 fields for 17years. It also said  that  of 7,000 oil reserves that have been discovered in the country, only 1,700

The Nigeria Extractive Industries Transparency Initiative (NEITI) and the Department of Petroleum Resources (DPR) have agreed  to work together to deepen Nigeria’s implementation of Contract Transparency and Beneficial ownership disclosures. The agency’s