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NUPENG backs FG’s plan to build second refinery in Northern Nigeria

NUPENG backs FG’s plan to build second refinery in Northern Nigeria

​Benjamin Rotimi, the Vice-Chairman, South-West Chapter of the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG), on Wednesday commended the Federal Government on the proposed second refinery in the Northern part of the country, Premium Times reports. On April 22, Ibe Kachikwu, Minister of State for Petroleum Resources, told journalists in Bauchi State that… READ MORE

Local content: Boost to indigenous capacity in oil, gas industry

Local content: Boost to indigenous capacity in oil, gas industry

Before the enactment of the Nigerian Oil and Gas Industry Content Development (NOGICD) Act of 2010, which became law on April 22, 2010, and giving birth to the Nigerian Content Development and Monitoring Board (NCDMB), the Nigerian oil and gas industry was dominated by International Oil Companies (IOCs), including briefcase businessmen, who relegated indigenous operators… READ MORE

Nigerian government forces crack down on the Delta’s oil bootleggers

Nigerian government forces crack down on the Delta’s oil bootleggers

It comes just weeks after the West African country’s vice president said that more needs to be done to incorporate the bootleggers into legal refining trade. The government has been holding talks with militants to end attacks on official oil production facilities. Attacks cut the OPEC member’s output by 700,000 barrels a day for several… READ MORE

NPDC’s Daily Crude Oil Production To Rise To Half A Million BPD

NPDC’s Daily Crude Oil Production To Rise To Half A Million BPD

The Nigerian National Petroleum Corporation, NNPC has expressed its commitment to grow the Nigerian Petroleum Development Company’s, NPDC, crude oil production to 500,000 barrels per day by 2020. The Corporation said it would also grow NPDC’s gas production to 1500mmscf per day within the same period. The Group Managing Director of NNPC, Dr Maikanti Baru,… READ MORE

Nigeria LNG gives reasons for opposing proposed amendment of enabling law

Nigeria LNG gives reasons for opposing proposed amendment of enabling law

​ The Nigeria Liquefied Natural Gas Limited, NLNG, on Wednesday opposed the proposed amendment of its founding law, saying it could pose a barrier to efforts towards future investments in gas development in Nigeria. The Managing Director of NLNG, Tony Attah, made the position of the company known in Abuja at the ongoing 2017 Nigeria… READ MORE

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