Category: Oil and Gas

FG targets 1.7mbpd crude despite Nov output drop

The Federal Government declared on Tuesday that Nigeria would meet and exceed the 2024 crude...

Dangote refinery receives first crude cargo

Dangote Petroleum Refinery and Petrochemicals Plant purchased 1 million barrels of Agbami crude grade from...

Local oil and gas operators increased from 53 in 2018 to 114 in 2023 – NCDMB

The Executive Secretary of the Nigerian Content Development and Monitoring Board, Engr. Simbi Kesiye Wabote,...

FG to invest N100bn in EVs, CNG buses, autogas

The Presidential Compressed Natural Gas Initiative has said that N100 billion has been set aside...

Gas export: FG records N1.2tn loss

Nigeria has exported N1.2 trillion worth of low-quality gas in the last ten years, according...

Crude oil exports make up 82.50% of Nigeria’s foreign trade in Q3 2023 – NBS

Nigeria’s foreign trade in Q3 of 2023 was 82.50% oil exports. This is based on...

Brent crude rises to $83 per barrel

The price of a barrel of Brent crude reached $83 for the first time since April...

NEITI, oil producers partner on transparency, accountability

The Nigerian Extractive Industries Transparency Initiative and the Oil Producers Trade Section have held meetings...

Nigeria made $764bn from oil, gas sector 21 years – NEITI

Nigeria’s oil and gas industry brought in $764.52 billion from 1999 to 2021. This is...

WEOG urges govt to allow more investors into oil sector

The women in Energy, Oil and Gas, Delta State Chapter, has called on the federal government...

Nigeria’s efforts to curb gas flaring stalled since 2015 – Report

The intensity of gas flaring in Nigeria has not changed since 2015 according to the International...

How Nigeria-Dubai non-oil trade hit $2.1bn in 2022 – Report

The President of the Dubai Chamber, Mohammed Lootah, has stated that the bilateral commerce between Nigeria and...