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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...

NNPC Targets $30bn Investments in Oil Sector by 2027

NNPC Targets $30bn Investments in Oil Sector by 2027   The Nigerian National Petroleum Company Limited (NNPCL) has unveiled its agenda for attracting $30 billion investments by 2027 and $60 billion by 2030. The Group Chief Executive Officer (GCEO) Bayo Ojulari disclosed this to members of staff...

Dangote: Deregulation Is Not Green Light For Low-Quality Products

Dangote Petroleum Refinery has advised Pinnacle Oil and Gas Limited, along with other oil marketers, that the deregulation of the downstream oil sector should not be used to justify the importation of off-spec petroleum products or compromising Nigeria’s national interests. 

Fed Govt Plans 13 Fresh Oil Sector Policies

Fed Govt Plans 13 Fresh Oil Sector Policies   The Federal Government will in the coming weeks, release 13 new regulations in the upstream sector of the oil and gas industry. This was revealed by the Chief Executive Officer of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC)...

FG, Politicians Frustrate Oil Sector Growth – Report

FG, Politicians Frustrate Oil Sector Growth - Report   The incessant scarcity of Premium Motor Spirit, popularly called petrol, vandalism of pipelines, oil theft and several other menaces in the oil and gas sector are due to the gross mismanagement of the industry by the Federal...