Nigeria’s crude oil production recovers for second consecutive month, hits 1.185mbpd in November
Oredola Adeola Nigeria’s crude oil production has increased by an average of 171,119 barrels per day (bpd) in November, to...
Year: 2022
NCDMB promises operational support to “only” indigenous oil & gas operators, service firms identified by NCCF sectoral working groups
Oredola Adeola The Nigerian Content Development and Monitoring Board (NCDMB) has revealed that it would only offer adequate attention on operational...
Africa can scale up its share of carbon market to $200 billion FDI annually- VP Osinbajo
Oredola Adeola The Nigerian Vice President, Yemi Osinbajo has revealed that Nigeria and Africa’s participation in the global carbon market...
PwC Nigeria’s 13th power roundtable: Experts condemn Tinubu, Atiku, Obi’s power sector reform promises, recommend urgent stakeholders’ engagement
Oredola Adeola Amidst the plethora of promises made by presidential candidates of the major political parties in preparation for...
National grid failure persists in Lagos, as diesel-powered off-grid grows from 8000MW to 23,000MW in 9yrs- Commissioner for Energy
Oredola Adeola The Lagos State Government has revealed that the off-grid electricity market has grown from 8,000 megawatts of installed...
NNPCL acquires Chevron’s legacy shallow-water assets with $300m obtained from firm linked to MRS, Dangote
Oredola Adeola Nigerian National Petroleum Company Limited (NNPCL) has obtained funds from Bestaf Funding Limited (“BFL”), an integrated firm owned...
DSS gives NNPCL, MOMAN, DAPPMAN other 48-hour ultimatum to end nationwide fuel scarcity
Oredola Adeola The Department of State Services (DSS) has issued a 48-hour ultimatum for the Nigerian National Petroleum Company (NNPC)...
IPMAN rejects N220 petrol ex-depot price, asks NNPCL to revert to N148.17
Oredola Adeola The Ejigbo Satellite Depot of the Independent Petroleum Marketers Association of Nigeria (IPMAN) has called on the Nigerian...
Stakeholders at PwC’s forum recommend partnership between marginal field owners, indigenous refiners to boost refined petroleum products
Oredola Adeola New owners of the 57 marginal oil fields recently issued Petroleum Prospecting Licences (PPLs) by the Federal Government...
Nigeria’s crude oil production hits 1.59mbpd, as FG adopts 4-pronged strategy against oil theft
Oredola Adeola Nigeria’s crude oil production output has been restored to 1.59 million barrels per day, from 937,000 barrels...
