NNPC, Others Pledge To Boost Oil Sector Output
Key agencies of government under the Federal Ministry of Petroleum Resources have pledged to improve the digitalisation of their systems in order to boost the country’s oil and gas sector.
According to the Nigerian National Petroleum Corporation, the...
Uncertainties, Political Tensions May Cripple Investment In Nigeria’s Oil Sector
Stakeholders in the oil and gas, and investment sectors have said growing socio-economic uncertainties and political instability could further quash inflow of investment into the country.The experts, who reacted to the declining level of investment...
Oil Sector Loses 754,000bpd To Pipeline Vandalism - NNPC
Nigeria’s oil sector is estimated to have lost over 754,000 barrels per day (bpd) in February, to production shut-in occasioned by pipeline vandalism, according to the latest monthly financial report of the Nigerian National Petroleum Corporation...
Oil Sector Receives N3.42 Trillion Credit From Banks
A gas flare burns at the Batan flow station operated by Chevron under a joint-venture arrangement with the Nigerian National Petroleum Corporation (NNPC) for the onshore and offshore assets in the Niger Delta region on March 26,...
Within Three Years FG Has Attracted $60bn In Oil Sector Says Kachikwu
The Minister of State for Petroleum, Dr. Ibe Kachikwu, has said that about $60 billion investments had been attracted to the sector since 2016.
Kachikwu spoke at the weekend in Bayelsa State, against the...
The National Executive Committee of the Nigeria Union of Petroleum and Natural Gas Workers have taken a decision to commence a three-day warning strike to protest “anti-labour practices” in the oil and gas sector.
The President of NUPENG, Mr. Achese Igwe, who spoke with journalists...
