HomeTagsOil Sector

Tag: Oil Sector

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...

End Fuel Smuggling, Oil Workers Tell FG

End Fuel Smuggling, Oil Workers Tell FG The Federal Government and operators in the downstream oil sector are all culpable for the nationwide prolonged scarcity of the premium motor spirit, popularly called petrol, the Petroleum and Natural Gas Senior Staff Association of Nigeria has said. Oil...

In Six Months, Nigeria’s Non-Oil Sector Jumps 64.2% to $2.59bn

In Six Months, Nigeria’s Non-Oil Sector Jumps 64.2% to $2.59bn The Nigerian Export Promotion Council (NEPC) has disclosed that the non-oil sector contributed over $2 billion to the economy in the first six months of the year 2022. This was disclosed by the Managing Director and...