Oil&Gas - Page 149

Nigeria’s  daily subsidy on petrol is set to hit N7.1 billion on account of  the country’s devaluation of the naira from N379/$ to N411/$,a report by Financial Derivatives Company (FDC) Limited,has said.

The Major Oil Marketers Association of Nigeria(MOMAN),has hinted that it would buy refined petroleum products from Dangote refinery when the facility comes alive. The chairman, MOMAN, Adetunji Oyebanji, disclosed this  when he

The Nigerian National Petroleum Corporation (NNPC) and its partners in the Oil Mining Lease (OML 130) Production Sharing Agreements (PSA) and Production Sharing Contract (PSC) are set to earn over $760m from

A total of N53,445,345.10 Nigeria’s oil and gas industry lost to the long delay of the passage of the passage of the Petroleum Industry Bill would be gained by Nigeria when President

The Nigerian National Petroleum Corporation(NNPC),has said that it would go ahead to acquire 20percent stake in 650,000bpd Dangote refinery. The Managing Director of the corporation,Melee Kyari,who  disclosed this during a live television

A new report  by Africa Oil Week and Wood Mackenzie has said the global transition to cleaner energy will drive sales of oil and gas assets in Nigeria and other sub-Saharan African

The Nigerian Content Development and Monitoring Board (NCDMB) and Nigerian Export-Import Bank (NEXIM) have deployed US$40 intervention fund to support qualified women entrepreneurs in the nation’s oil and gave industry. The NCDMB says

The Nigerian National Petroleum Corporation (NNPC) has said that pump price of fuel will not be increased in the next two months as engagement with the organised labour has not been concluded. Managing