Nigeria has joined other oil-producing countries in ramping up oil production despite low demand caused by COVID-19.
The Oil Mining Licenses (OML) of 11 oil and gas companies operating in the marginal oil field in Nigeria have been revoked by the Federal Government.
Major oil marketers in Nigeria have said that their inability to access foreign exchange for importation in recent works is the reason the expected reduction in diesel and kerosene prices have not materialized.
Nigeria has expressed its readiness to contribute to measures to strengthen and stabilize the oil market in the virtual meeting of the Organization of Petroleum Exporting Countries (OPEC) on Thursday.
Gone are the days when women do not pursue their careers to the fullest, they have successfully learned how to balance their career and family responsibilities to achieve equilibrium. Women are not only operating in but are also taking up leadership positions in the Nigerian oil and gas sector, bringing in their skills and nurturing nature into the…
The Group Managing Director, Nigerian National Petroleum Corporation, NNPC, has said that despite the fall in oil prices in the international market, Nigeria’s crude oil has not been returned or rejected.
Nigeria’s five million tons Liquefied Petroleum Gas (LPG) 2023 consumption target will require at least $6 billion to build the needed infrastructure for it to be achieved, Dayo Adeshina, Programme Manager, National Liquefied Petroleum Gas Expansion Plan has said.
Finally, the era of subsidy on petrol in Nigeria has gone forever, says Mele Kyari, the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC).
Despite the deregulation of petroleum products, the pump prices of diesel and kerosene in Nigeria have yet to reflect the collapse of global crude oil prices, Punch has reported.
Nigeria has joined the league of other energy-producing nations across the world in deploying the latest tools in Information and Communications Technology (ICT) to drive oil and gas processes and procedures.