Oil&Gas - Page 79

The Nigerian National Petroleum Corporation (NNPC) Limited has gotten a $3 billion emergency crude repayment loan to support the naira and stabilise the foreign exchange market. The company got the crude-for-cash funding

The recent subsidy removal by the federal government has caused Nigeria’s consumption and demand for Premium Motor Spirit (PMS) to drop by 30 percent,a data provided by Kpler, a data and analytics

The Nigeria Extractive Industries Transparency Initiative (NEITI),says Nigeria needs about $20 billion annually to bridge the country’s gas infrastructure gap. Executive Secretary, NEITI, Dr Ogbonnaya Orji, stated this at a policy dialogue

Mohammed Shosanya The National Oil and Gas Suppliers Association of Nigeria (NOGASA),says if government does not move fast to check the rising dollar rate, the fuel pump price may continue to rise

Mohammed Shosanya Fanot Oil and Gas Company,has concluded plans to establish refinery in Edo state. The Commissioner for Mining and Energy, Hon. Enaholo Ojiefoh met with the investors in his office in

Africa Finance Corporation (AFC),is partnering with the Government of Senegal to fund the development of the landmark Sangomar oil field. Through this strategic collaboration, AFC will invest €50 million in the oil

Mohammed Shosanya African countries must take deliberate steps to attract foreign direct investments (FDI) to harness their vast gas resources given the huge amount of capital required, Managing Director of Shell Nigeria

Mohammed Shosanya Chevron Nigeria Limited (“CNL”), operator of the joint venture between the Nigerian National Petroleum Company Limited (“NNPCL”) and CNL, (“NNPCL/CNL JV”), has completed an onboarding workshop for members of the

Mohammed Shosanya The Nigerian National Petroleum Company (NNPC) Limited,has partnered NIPCO Gas Limited for the deployment for Compressed Natural Gas (CNG) as alternative to Premium Motor Spirit (PMS) otherwise known as petrol.

Mohammed Shosanya The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has deplored the allegations of fraud leveled against its boss, Engr. Gbenga Komolafe by union executives in the commission. The commission in a