Tag: Oil and Gas
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PIA: How Technology boosts oil and gas trading
Riding on the pedestal of the newly inaugurated Petroleum Industry Act (PIA)local oil and gas traders/operators have been advised to leverage technology if they truly desire to join the global oil and gas community. This position was canvassed at the weekend by Mr Osagie Ediale, the Chief Executive of Flagship Energy Limited in a statement…
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PRIVATIZATION: “NNPC has created more problem for Nigeria”- El Rufai
Kaduna State Governor, Mallam Nasir El-Rufai, has slammed the Nigerian National Petroleum Company, NNPC, saying it has not remitted even N20,000 to the federal account this year but created more problem for Nigeria. The governor revealed this on Thursday, stating that the NNPC Limited should be privatised as it has created more problem for Nigeria,…
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NNPC boss seeks support of stakeholders in oil and gas to tackle crude theft in Niger Delta
the theft of crude oil is denying the country funding to boost economic development
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NNPC ends 2021 with global award for oil, gas reforms
The Nigerian National Petroleum Company (NNPC) Limited has ended the year on a bright note after it won an award as the overall best company in oil and gas reforms at the Open Government Partnership (OGP) global awards which was held in Seoul, South Korea. Nigeria picked the award at the expense of other countries…
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Olamide pours encomium on Elumelu, Otedola in ‘Oil and gas’
Olamide Adedeji, popular hip-hop star and YBNL boss has dropped the visuals for ‘Oil and Gas’, his recently released single. The video, which was released on Tuesday June 4th , is a fast paced groovy song tailored for the streets . In the song, Olamide pours encomiums on notable Nigerian business tycoons, Tony Elumelu and…
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US Consul General unveils tech innovation for Nigerian gas industry
In the face of dwindling oil revenue, the United States (US) Consul General, John Bray has unveiled a new technology known as ‘Synergy and Aruba’ he said will help oil and gas firms increase efficiency. At the public presentation of the technology product in Lagos, Bray said the US government is renewing its commitment to…
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May 29: Expert advocates total deregulation of downstream sector
Mr Muda Yusuf, the Director General, Lagos Chamber of Commerce and Industry (LCCI), has called for total deregulation of the downstream sector to boost effective service delivery in the oil and gas industry. Yusuf made the call at the News Agency of Nigeria Forum in Lagos on Sunday while assessing President Muhammadu Buhari’s two-year administration.…
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We are working to increase indigenous participation in oil and gas sector –NCDMB
The Nigerian Content Development and Monitoring Board (NCDMB), says it is working to surpass the current 28 per cent Nigerian Content in the oil and gas sector of the economy. Mr Simbi Wabote, the Executive Secretary of the board, told newsmen on Tuesday that they were working to increase the participation of Nigerians in the…
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37.5% of vessels operating in oil & gas industry owned by Nigerians– NCDMB
The Nigerian Content Development and Monitoring Board (NCDMB) has said that 37.5 per cent of vessels operating in the Nigerian Oil and Gas industry are owned by Nigerians. The Executive Secretary of NCDMB, Mr Simbi Wabote, disclosed this in an interview with the newsmen on Monday in Lagos. Wabote said that these was a marked…