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Oil Investments Revive After 10-Year Drought – FG

Oil Investments Revive After 10-Year Drought – FG   The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has announced that the country has broken a 10-year drought in oil sector investments, thanks to reforms introduced under President Bola Tinubu’s administration. Lokpobiri disclosed this in...

Tinubu Has Made Nigeria Investment-friendly, Minister Says

The Minister of Petroleum Resources (Oil), Heineken Lokpobiri, has begged Equipment, Procurement, and Construction companies that have departed Nigeria’s oil and gas sector to return.

NCDMB Approves Over 440 Expatriate Slots in Oil Sector

NCDMB Approves Over 440 Expatriate Slots in Oil Sector   The Nigerian Content Development and Monitoring Board (NCDMB) has approved the requests of no fewer than 448 foreigners to work and earn a living in the oil and gas sector, even as the Federal Government pushes...

NNPC/First E&P Hits Safety Milestone in Oil Sector

NNPC/First E&P Hits Safety Milestone in Oil Sector The Nigerian National Petroleum Company Ltd/FIRST Exploration and Petroleum Development Company Joint Venture has achieved a significant safety milestone, marking 10 million Lost Time Incident-free man-hours across its operations on PML 53 and PML 54. A statement from...

Africa Set to Launch Energy Bank

Africa's energy future is taking shape as the African Energy Bank (AEB) moves into its final launch preparations.

Tinubu Approves Kolmani Oil Project

President Bola Ahmed Tinubu has granted approval for the issuance of all critical regulatory licences for the Kolmani Integrated Development Projects.