FirstBank wins 2019 Oil and Gas Banker Award
First Bank of Nigeria Limited was recently presented with the Oil and Gas Banker of Year 2019 award at the Patrons' ...
Tag: OIl and Gas News
New and analysis from Nigeria’s oil and gas sector.
Russia indicates interest in Nigeria’s energy sector
The Russian Federation has disclosed plans to enhance bilateral co-operation between with Nigeria to develop the latter's energy sector.
NNPC wants military to help protect assets
The NNPC has revealed that it's set to commence operations at the Chad Basin, Gongola and Benue Trough with the ...
Nigeria to attract $48.4 billion out of Africa’s $194 billion oil and gas investments
Nigeria's oil and gas sector is expected to attract $48.4 billion (about N17.29 trillion) out of the industry's $194 billion (about ...
Official: Nigeria’s oil and gas export sales hit $490.03 million in February
The Nigerian National Petroleum Corporation (NNPC) has reported a total export sale of crude oil and gas of $490.03 million ...
Federal Government to stop ownership of gas cylinders by consumers
By this new policy by @AsoRock, LPG consumers are not longer allowed to own gas cylinder.
NNPC reshuffles management as NPDC boss and 49 others lose their jobs
The Managing Director of the Nigerian Petroleum Development Company, Yusuf Matashi, has been sacked and replaced with Usman Yusuf, the ...
Shell estimates $15bn investments in Nigerian gas project
The Shell Petroleum Development Company (SPDC) has revealed plans to invest about $15 billion across 24 oil and gas projects ...
OFFICIAL: Nigeria’s oil sector accounts for 93.8% of export revenue
The Nigerian oil and gas sector accounted for 93.8% of the total export revenue in Q4 2018, according to the ...
FG shuts down Forte Oil’s Abuja filling stations for overpricing customers
The Federal Government of Nigeria shut down two Abuja-based filling stations after they were allegedly found guilty of overbilling their ...
