Oil & Gas - Page 33

Vessels Discharge Hitches Causing Fuel Scarcity – NNPC

NNPC Faces Fuel Scarcity As Payment Backlog Of $6bn Mounts

Long Queues Return Amidst $6 Billion Debt Fuel scarcity is once again gripping Nigeria as the Nigerian National Petroleum Company (NNPC), struggles with a $6 billion petrol payment backlog. Long queues are

Emmanuel Ochayi

July 5, 2024

Business·News·Oil & Gas

Gas Production: NNPC Set To Build 100 CNG Sites, 3 LNG Stations

The Nigerian National Petroleum Company Limited (NNPCL), has announced plans to build not less than 100 Compressed Natural Gas (CNG) sites and three Liquefied Natural Gas (LNG) stations to boost gas production.

Victor Ezeja

July 5, 2024

Business·News·Oil & Gas

Nigerian Govt Approves Oando’s Acquisition Of Agip

Nigerian government has announced completion of the deal for acquisition of 100% Nigerian Agip Oil Company (NAOC), by Oando PLC. Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Gbenga Komolafe,

Victor Ezeja

July 4, 2024

Business·News·Oil & Gas

We’ve Declared War Against Challenges Affecting Crude Oil Production – NNPCL Boss

In a bid to scale up crude oil production, the Nigeria National Petroleum Company Limited (NNPCL) says it has declared a state of emergency in the oil and gas industry. NNPCL Group

Victor Ezeja

July 3, 2024

Nigeria’s 1.8mbpd Oil Production A Drop In The Bucket – Economist

Business·News·Oil & Gas

Nigerian Govt Halts Bidding For 5 Oil Blocks Over Litigation

The Nigeria Midstream and Downstream Petroleum Regulatory Commission (NUPRC), has reportedly removed five oil blocks from the 2024 licensing round due to legal disputes. According to NUPRC, the affected oil blocks are

Victor Ezeja

July 2, 2024

Aiteo Cancels Surveillance Contracts With Security Companies Amid Security Breaches

Business·News·Oil & Gas

Aiteo Cancels Surveillance Contracts With Security Companies Amid Breaches

Indigenous oil firm, Aiteo Eastern Exploration and Production Company (AEEPCO), has revoked its contracts with surveillance security providers following cases of security breaches around its facilities. In a statement released on Monday,

Victor Ezeja

July 2, 2024

Business·News·Oil & Gas

Oil And Gas Sector’s Contribution To Nigeria’s GDP Less Than 10%- NUPRC

Oil and Gas Sector’s Low GDP Contribution The oil and gas sector in Nigeria contributes less than 10 per cent to the country’s Gross Domestic Product (GDP), according to Ofoegbu Kelechi, the

Emmanuel Ochayi

July 2, 2024

Dangote Refinery: Of Hopes, Drools And Jokes

Oil & Gas·Opinion

Dangote And The Fairy Tale Of Fuel Refining: Will The Odds Permit?

News of an unexplained fire incident at a portion of the Dangote Refinery on 26th June was a sad commentary to an already stressed company. Yet, it only supported fears that the

MARCEL MBAMALU

June 29, 2024

NNPC Seeks New $2 Billion Oil-Backed Loan To Boost Finances

Business·News·Oil & Gas

NNPC Leads Nigeria’s $4.15bn Gas Infrastructure Expansion To Boost Economy

Federal Government Announces $4.15bn Gas Projects Nigeria is on its way to becoming a leading gas-powered economy, thanks to three gas projects worth $4.15 billion. The Federal Government made this announcement on

Emmanuel Ochayi

June 28, 2024

Expert Calls For Maximum Utilisation Of All Oil Wells As Production Declines Further

Business·Oil & Gas

Stakeholder Collaboration Key To Boosting Oil Production In Nigeria – NUPRC Boss

Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Gbenga Komolafe, has underscored the need for collaboration among stakeholders in Nigeria’s oil and gas industry value chain, saying it is

Victor Ezeja

June 27, 2024

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Oil & Gas - Page 33

NNPC Faces Fuel Scarcity As Payment Backlog Of $6bn Mounts

Gas Production: NNPC Set To Build 100 CNG Sites, 3 LNG Stations

Nigerian Govt Approves Oando’s Acquisition Of Agip

We’ve Declared War Against Challenges Affecting Crude Oil Production – NNPCL Boss

Nigerian Govt Halts Bidding For 5 Oil Blocks Over Litigation

Aiteo Cancels Surveillance Contracts With Security Companies Amid Breaches

Oil And Gas Sector’s Contribution To Nigeria’s GDP Less Than 10%- NUPRC

Dangote And The Fairy Tale Of Fuel Refining: Will The Odds Permit?

NNPC Leads Nigeria’s $4.15bn Gas Infrastructure Expansion To Boost Economy

Stakeholder Collaboration Key To Boosting Oil Production In Nigeria – NUPRC Boss

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