nigeria oil and gas sector

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    Politics PANDEF backs demands by Itsekiri, Ijaw, Urhobo oil communities – Vanguard News
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    Politics Fight for decentralization of electricity, not oil blocs ― Okorodudu to Itsekiri, Ijaw leaders – Vanguard News
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    Business ‘Don’t rejoice yet over $2.8b AKK Gas pipeline project’ – Guardian Nigeria
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    Business Revealed: Under-reported gas flaring leads to over $1bn losses – Businessday NG
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    Business COVID-19: Bonny Light dips below $30/bbl, as Saudi Arabia cut price to $25/bbl – Vanguard News
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    Business Nigeria lost N522bn in 2019, as oil firms flare 475bn SCF of gas – Vanguard News
  7. Nigeria Business News

    Business Oil exploration breakthrough in Gongola opens up new frontiers – Nairametrics

    On October 10, the NNPC drilling crew working at Kolmani River-II in Gongola Basin encountered hydrocarbon outflow to the wellhead while testing. Preliminary evidence from the exploration area revealed that the hydrocarbon deposits consist of gas, condensate, and light, sweet crude … Read...
  8. Nigeria Business News

    Business OFFICIAL: NNPC records ₦12.13bn trading surplus in December – Nairametrics

    The Nigerian National Petroleum Corporation (NNPC) has reported a trading surplus of ₦12.13billion in the oil and gas sector for December 2018. This is revealed in the Monthly Financial and Operations Report recently released by the corporation. NNPC attributed the rise in revenue posted to...
  9. Nigeria Business News

    Business Samsung’s investment in Nigeria’s oil & gas sector revealed – Nairametrics

    Over $400 million has been invested into Nigeria’s oil & gas sector by Global shipbuilding firm, Samsung Heavy Industries (SHI). The commitment by Samsung Heavy Industries is said to be tax revenue and investment. This investment has been ongoing since the company was awarded the contract to...
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    Business FG to slash IOCs’ yearly funds’ repatriation to $6bn – Newtelegraph

    The Federal Government has reiterated moves to cut funds repatriation in the oil and gas sector to $6 billion per annum. This move, buoyed by the controversy in the telecommunication sector, where MTN was accused of tax evasion and illegal repatriation of funds, New Telegraph gathered, is...
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    Metro Ending the Menace of Gas Flaring – Thisdaylive

    After dithering for years, Nigeria recently indicated its preparedness to end gas flaring, an exercise that represents waste and environmental degradation. Nigeria has repeatedly pledged to drastically cut down the flaring of gas at her oil fields in the Niger Delta. In fact, since the 1950s …...
  12. siteadmin

    Politics Senate begins probe of lease renewal in oil, gas sector – The Guardian Nigeria Newspaper

    The Senate yesterday resolved to probe all issues connected with the ongoing lease renewal in oil and gas sector being undertaken by the Ministry of Petroleum Resources and the Department of Petroleum Resources (DPR).... Read more via The Guardian Nigeria Newspaper – Nigeria and World News –...