The Agusto & Co. 2020 Oil & Gas Downstream Report revealed that the growth of the Nigerian Oil and Gas Downstream Industry remains hindered by the lack of substantial investments,…
Nigeria to set up oil and gas museum in Oloibiri PrintEmail
The Nigerian government is setting up an oil and gas museum with private sector participation in Oloibiri, Bayelsa State in the Niger Delta Area, where Shell D’Arcy, a forerunner of…
Nigeria gas network code into effect
The Nigeria Gas Transportation Network Code (NGTNC) is officially up and running. This marks an important step in making 2020 the year of gas. Nigerian Minister of State for Petroleum…
NNPC signs $1.5bn export finance facility
The United Bank for Africa (UBA) has participated in a consortium to lend $1.5 billion to Nigerian National Petroleum Corp. (NNPC) and its upstream Nigerian Petroleum Development Co. (NPDC) unit.…
Nigeria: Stakeholders want efficient fiscal policy for oil, gas sector
Stakeholders in the oil and gas sector have called for an efficient and attractive fiscal policy in the oil and gas sector to help drive investment and infrastructure development in…
Nigeria oil and gas operators pledge million of dollars to mitigate effects of COVID-19
National oil company Nigerian National Petroleum Corporation (NNPC) has said 53 per cent of the US$58mn pledged as medical intervention by the oil and gas industry group in the fight…
Innovation and Nigeria’s Downstream Petroleum Supply Challenges
In a country where off grid power supply to homes through gas, diesel, and petrol generators accounts for as high as 20 gigawatts of total power, innovation is needed to…
Senate raises concern over high cost of crude oil production in Nigeria
The Senate on Monday expressed concern over the high cost of crude oil production by the Nigeria National Petroleum Corporation. It said despite the high cost of producing crude oil,…
‘Global disruptions offer Nigeria leeway for gas-to-power maximisation’
With the disruptions in the global oil industry, causing energy imbalance and low demand for oil, one of the operators in the power value-chain, has urged the government to implement…
Nigeria feels the pinch
Nigeria is under particular strain as a result of the low oil price crisis, industry participants said during a webinar, demonstrated by a government decision to plan for $20 per…
