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Oil and Gas
OIL THEFT : Bayelsa State Seeks DHQ Collaboration ,Wants Oil Companies To Replace Worn-Out Equipment
Governor of Bayelsa State, Senator Douye Diri, has restated that the state will work with the Defence Headquarters Joint Monitoring Team to curb the menace of crude oil theft and pipeline vandalism.
Governor Diri also expressed…
Nigeria To Save N5.4trn From Fuel Subsidy Removal In 2024 – Gov. Abiodun
The Ogun State Governor, Prince Dapo Abiodun has disclosed that the subsidy on fuel, if not curbed by President Bola Ahmed Tinubu, would have cost the country a whopping N5.4 trillion by the end of 2024.
Governor Abiodun noted that it…
NNPCL Expands Global Market To Japan, China With LNG Supply On Delivered Ex-Ship Basis
The Nigerian National Petroleum Company Limited (NNPC Ltd.) said it has commenced shipment of Liquefied Natural Gas (LNG) cargoes to Japan and China on Delivered Ex-Ship (DES) basis.
According to a statement by Olufemi Soneye
Chief…
Bayelsa To Set Up LG Teams Against Oil Theft
To combat the menace of oil theft in communities across the state, chairmen of the eight local government councils in Bayelsa State have been mandated to constitute task force in their areas.
Governor Douye Diri, who stated this on…
NNPC Ltd Declares State Of Emergency On Crude Oil Production
In a move towards increasing Nigeria’s crude oil production and growing its reserves, NNPC Ltd has declared a state of emergency on production in Nigeria’s oil and gas industry.
According to a statement by Chief Corporate Communications…
We Need Public, Private Sector Collaboration To Meet Energy Goals – Ekpo
Minister of State Petroleum Resources (Gas), Rt. Hon. Ekperikpe Ekpo has called for increased collaboration between public and private sector investors in order for the country to achieve its energy goals.
The Minister stated this during…
BREAKING : NNPC Ltd, First E&P Commence 20,000bpd Local Production At OML 85
The Nigerian National Petroleum Company Limited (NNPC Ltd.) and its Joint Venture partner in OML 85, First Exploration and Petroleum Development Company Limited (First E&P), have commenced oil production from the asset, also known as…
Minister Raises Alarm Over Bayelsa Pollution , Says State More Polluted Than Ogoniland
The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has expressed concern over the level of pollution caused by illegal bunkering activities, in Bayelsa State, noting that if the trend was not checked, it could…
Abiodun: My Administration Working Hard To Make Ogun Oil-Producing State , Seek Naval Presence In Tongeji Island
Ogun State Governor, Prince Dapo Abiodun, on Tuesday, assured that Tongeji Island belongs to Nigeria as the Republic of Benin is not contesting the ownership of the oil-rich enclave.
Governor Abiodun disclosed this when he received the…
NDDC, OGFZA Propose Establishment Of 1st Free Zone Industrial Parks
The Oil and Gas Free Zones Authority (OGFZA) of Nigeria is proposing partnership opportunities for establishing Nigeria's first free zone industrial parks with the Niger Delta Development Commission (NDDC).
Both agencies of government…