Nigeria oil and gas Sector – Page 2 of 2

$2.4bn Asset Sale: Amnesty International Calls On Shell To Compensate Niger Delta

Amnesty International has called on Shell to address environmental issues in the Niger Delta following its decision to sell its Nigerian onshore subsidiary, Shell Petroleum Development Company of Nigeria, for up to $2.4 billion.

January 17, 2024

Major Events That Shaped Nigeria's Oil & Gas Sector In 2023 And Looking Ahead 2024

Business·Oil & Gas

Will Oil, Gas Sector Increase Nigeria’s Revenue In 2024?

Nigeria's oil and gas sector has developed as the star entertainer of the year, encountering a noteworthy surge of 125% over the past year, making it the best-performing record in 2023.

January 16, 2024

Business·Oil & Gas

Train-7 Project Hits 52%, Employs 8,300 Persons

The $5 billion Train-7 project being undertaken by the Nigeria Liquefied Natural Gas (NLNG) at Finima, Bonny Island, Rivers State has reached 52 percent and currently engages 8,300 Nigerians of diverse skill sets. This was made known on Friday when Management of

November 6, 2023

N10 Trillion Spent On Refineries, But They Refuse To Work, Says Taiwo Oyedele

Business·Oil & Gas

NUPRC Wades Into Reason For Delayed Take-off Of Dangote Refinery, 5 Others

Nigeria’s failure to make crude oil available to the multi-billion dollar Dangote Refinery has been identified as reason for the delayed production of refined petroleum products at the facility. This came to the fore as the 650,000 barrels per day Dangote Refinery

November 2, 2023

Business·News·Oil & Gas

OPEC Envisions Medium-Term Emergence Of Modular Refineries In Nigeria

OPEC) has announced that Nigeria is on the verge of a transformation in its energy sector with the establishment of medium-term modular refineries with a daily production capacity of 20,000 barrels each.

October 17, 2023

NNPC Doesn’t Have Fuel To Sell – Oil Marketers’ Depot Chairman Says

Business·Oil & Gas

Full Deregulation Of Downstream Oil Sector’ll End Petrol Crisis -IPMAN

With the incessant scarcity and hike in prices of petroleum products in Nigeria, the only antidote is full deregulation of the downstream oil and gas subsector to encourage more private sector participation in order to boost local production and supply. This was

June 1, 2023

Nigeria’ll Become More Industrialised With Robust Investment In Gas'

Oil & Gas

‘Nigeria Will Become More Industrialised With Robust Investment In Gas’

Nigeria has proven gas reserves of about 206.53 trillion cubic feet valued at over $803.4 trillion as the Minister of State for Petroleum Resources, Chief Timipre Sylva

December 20, 2022

Business·Oil & Gas

Fuel Subsidy Gulps N2 Trillion In One Year

With N8 billion daily expenditure, the Nigerian government’s yearly spend on petrol subsidy amounts to N2 trillion. According to top oil marketers, it impacts negatively on the economy and therefore raised concern on the need to deregulate the system to encourage investment

August 2, 2021

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Nigeria oil and gas Sector - Page 2

$2.4bn Asset Sale: Amnesty International Calls On Shell To Compensate Niger Delta

Will Oil, Gas Sector Increase Nigeria’s Revenue In 2024?

Train-7 Project Hits 52%, Employs 8,300 Persons

NUPRC Wades Into Reason For Delayed Take-off Of Dangote Refinery, 5 Others

OPEC Envisions Medium-Term Emergence Of Modular Refineries In Nigeria

Full Deregulation Of Downstream Oil Sector’ll End Petrol Crisis -IPMAN

‘Nigeria Will Become More Industrialised With Robust Investment In Gas’

Fuel Subsidy Gulps N2 Trillion In One Year

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