Oil and Gas
NCDMB assures on patronage of indigenous companies
The Nigerian Content Development and Monitoring Board (NCDMB) has restated its commitment to ensure the patronage and deployment of indigenous...
TotalEnergies to invest $6 billion in Nigeria
TotalEnergies has committed to “invest $6 billion in the coming years,” with a focus on offshore oil projects and gas...
Tinubu: Nigeria is top-level destination for offshore/onshore investment
President Bola Tinubu has assured the international investment community that his administration would ensure that Nigeria remains a top-level destination...
2024: NNPC pledges to produce two million barrels of crude oil daily
The newly appointed Board and Management team for the Nigerian National Petroleum Company Ltd (NNPCL) has pledged to produce two...
Petrol price: NLC tackles World Bank over ‘N750 per litre’ advice
The Nigeria Labour Congress (NLC) has condemned the advice by the World Bank to the Federal Government to increase petrol...
NNPC generates N4.5 trillion in 10 months
The Nigerian National Petroleum Company Limited (NNPCL) has generated N4.5 trillion as revenue for the federation for 2023 as at...
2024 budget: Crude oil production, price benchmark realistic – NNPC
The Nigerian National Petroleum Company Ltd. (NNPCL) has assured that projections on crude oil production and price benchmark for the...
REVEALED: Nigeria still paying subsidy for petrol – World Bank
The World Bank has said the Nigerian government may still be paying a subsidy for petrol as the current pump...
Nigeria’s crude oil production drops to 1.4mbpd in November
Nigeria’s crude oil production dropped to 1.4 million barrels per day in November 2023. The country produced 1,466,185 barrels per...
Nigeria rejects 328 expatriate requests from oil firms in 12 months
The Nigerian Content Development and Monitoring Board (NCDMB) says it has rejected 328 expatriates jobs applications from oil firms. It...