NIPITECSis less than 2 Months, this is a great opportunity to join us and other biggest national oil companies (NOCs) to discuss energy investments, regional cooperation, and public sector dialogue across the continent.
NIPITECS 2024will draw experts and industry captains from Nigeria, Africa, and the...
The Nigerian Minister of State for Petroleum (Gas) Hon. Ekperikpe Ekpo has reiterated the present government of President Ahmed Bola Tinubu's unwavering commitment to harnessing and utilization of the nation’s abundant natural gas reserves through indigenous companies’ direct investment participation.
The Nigerian President. spokesman and senior special assistant Stanley Nkwocha has disclosed that ExxonMobil has unveiled plans to invest $10 billion in Nigeria’s Deepwater oil development.
Nigeria’s Vice President Kashim Shettima “welcomed ExxonMobil’s proposed $10 billion investment in Nigeria’s deep-water oil operations, describing it as...
The Federal Government of Nigeria is now set for the rehabilitation, completion, and subsequent taking off of the Ajaokuta steel plant and the National Iron Ore Mining Company (NIOMCO). This is following the Nigerian minister of steel development, Shuaibu Audu sign of a memorandum...
Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has refuted the commission’s prior consensual knowledge on the recent publication in the BusinessDay of September 11, 2024, purporting that the Commission has accepted Shell International Plc’s bid to sell its onshore assets to Renaissance in a transaction...
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has taken a significant step towards enhancing its operational efficiency in the commission by promoting the adoption of Microsoft technologies.
In a bid to drive innovation, change management and technology adoption, the Commission, in partnership with Signal Alliance...
CNOOC Limited announcedthat it has drilleda natural gas well in the ultra-deepwater Liwan 4-1 structure in the Pearl River Mouth Basin. The well was tested to produce 430,000 cubic meters per day of absolute open flow natural gas, marking the first major exploration breakthrough...
Nigeria LNG Limited has invited service providers with experience, capacity, required regulatory permits, and licences to express their interest in participating in the Expression of Interest for the Provision of Long-Range Security Escort Services for Domestic LPG Tankers.
In addition to other investment deals sealed at Forum On China-Africa Cooperation (FOCAC) in China, the Nigerian National Petroleum Company Limited (NNPCL) and China Engineering & Machinery Corporation (CMEC) have signed a Memorandum of Understanding (MoU) for the co-funding of the Gwagwalada Independent Power...
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has taken a transformative step in dispute resolution for the upstream oil and gas industry with the inauguration of the Alternative Dispute Resolution Centre’s Body of Neutrals. This initiative aims to provide quality, cost-effective, and efficient alternatives...
The Nigeria Energy has recorded another significant milestone in its quest in harnessing abundant gas reserves in the country. The country’s Minister of State Petroleum Resources (Gas), Hon. Ekperikpe Ekpo disclosed this great feat via his official social media X handle after witnessing the...
In line with the Petroleum Industry Act (PIA) 2021 provisions of transiting assets from the Petroleum Profit Tax (PPT) into PIA terms, the NNPC Ltd. and its Joint Venture (JV) partner, Chevron Nigeria Ltd (CNL), have concluded the conversion of five of its JV...
A Nigeria based drilling contractor Shelf, has announced the award of two new jack-up rigs contracts in West Africa. According to Shelf Drilling, the contracts are secured for the Shelf Drilling Mentor covering 10 wells and an estimated duration of 450 days in direct...
The Nigerian National Petroleum Company Limited (NNPC Ltd.) has stated that foreign exchange (forex) illiquidity has been a significant factor influencing the fluctuation in prices of Premium Motor Spirit (PMS), which are governed by unrestricted free market forces, as provided for in the Petroleum...
Dangote Refinery has refuted a media headline with title “NNPC lifts Dangote Petrol, sells at N897 per litre” as published in the BusinessDay Newspapers of Wednessday, 4 September 2024 and pegging such media information in the public media space as unsubstantiated and should be...
The Minister of State for Petroleum (Oil) Sen. Heineken Lokpobiri has expressed the presidential deep concerns regarding the current economic quagmire being experienced by Nigerians as regards the cost of fuel and difficulties they face accessing this product. The Honourable Minister made this presidential...
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