Oil And Gas: NAMA Urges Stakeholders To Begin Local Production Of Aviation Fuel
The Managing Director of the Nigerian Airspace Management Agency, Capt. Fola Akinkuotu, has asked stakeholders in the oil and gas industry to begin local production of aviation fuel in line with the...
Oil and Gas: Nigeria, Others To Expend $105b On Decommissioning
Nigeria and other oil producing countries across the world will expend about $105b on decommissioning in the next 10 years.
According to a recent report release by Wood Mackenzie otherwise called WoodMac, between 2018 and 2022,...
Oil Export, NNPC Earns $4.29 Billion
Nigeria’s oil and gas sector recorded total revenue of $4.29billion (N1.554trillion) from exports between January 2017 and January 2018.On a monthly basis, total export sale of $439.60million was recorded in January 2018, representing 1.79 per cent lower than the...
NNPC Records $476.25m Crude Oil, Gas Export Receipts
The Nigerian National Petroleum Corporation (NNPC) recorded total export receipts of $476.25m in December, 2017, from sale of crude oil and gas as against $201.11m in November, 2017.
This is contained in the monthly NNPC Financial and Operations...
The Minister of State for Petroleum Resources, Dr Ibe Kachikwu and Group Managing Director of NNPC, Mr Maikanti Baru, have met and discussed opportunities to further develop the nation’s oil and gas sector.
They met in Abuja at the ongoing Nigerian Economic Summit at the...