Eroton Exploration and Production Company Limited, has restated its commitment to environmental protection, community development and other issues in Nigeria’s oil and gas industry. (more…)
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The inability of the Nigerian government to utilise its refineries to full capacity has led to the abysmal deterioration of the petrochemicals industry, making the country to lose over $29.7 billion annually in revenue. (more…)
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The Nigerian National Petroleum Corporation looks set to announce investors for the proposed rehabilitation of the nation’s refineries following recent talks with financiers abroad. (more…)
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Engr. Simbi Wabote, Executive Secretary of Nigerian Content Development and Monitoring Board (NCDMB) went global yesterday with Nigerian Content Advocacy, when he addressed delegates to the African Oil Week (AOW) in Cape Town, South Africa at the start of the African Local Content Forum. (more…)
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The Dangote refinery plans to start selling petrol, diesel and aviation fuel by early 2020, the group executive director, Edwin Devakumar told Bloomberg. (more…)
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The Nigerian gas sector currently has approximately $51 billion worth of investments according to a recent report by the Nigerian National Petroleum Corporation (“NNPC”). (more…)
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Golar LNG said on Monday it was in talks with the Federal Government about setting up a power project that could use one of its vessels to import liquefied natural gas (LNG), reports Reuters. (more…)
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Neconde Energy Limited and its Joint Venture Partner – the National Petroleum Development Company (NPDC) in Oil Mining Lease (OML) 42 have commenced production and delivery of gas to the domestic market through the Nigeria Gas Marketing Company. (more…)
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In line with its commitment to ensure transparency, values, efficiency as well as growth in the oil and gas industry, the Department of Petroleum Resources (DPR) has unveiled a digital assets development platform for operators and stakeholders in the industry known as the Value Monitoring and Benchmarking (VMB). According to the
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Established in 1991 as a trading and logistics company, Nestoil has grown and expanded into a conglomerate, priding itself as a local content champion in the Nigerian oil and gas industry, Before the conception and subsequent enactment of the Nigerian Local Content Act in 2010, an indigenous oil and gas company,
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