Oil and Gas Archives — City Business News

April 17, 2025 No Responses

Ojulari Pledges Strategic Collaboration To Deliver Presidential Mandate

The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC Ltd.), Mr. Bashir Bayo Ojulari, has reaffirmed his commitment to forging strong and effective partnerships with key stakeholders to successfully deliver on the strategic mandate entrusted to...

April 9, 2025 No Responses

NLNG Reintroduces N1b MSME Scheme For Host Communities

NLNG has officially reintroduced its MSME scheme in partnership with the Bank of Industry, Nigeria (BOI), “setting the stage for meaningful economic transformation in our host communities and Gas Transmission areas”.The ₦1billion fund offers acce...

March 29, 2025 No Responses

MRS Oil Exits NGX

MRS Oil has concluded arrangements for the voluntary delisting of all its issued shares from the Nigerian Exchange Ltd. (NGX) and subsequent admission to the NASD OTC Securities Exchange.In a corporate disclosure on Friday through the Nigerian Exchange, the co...

March 27, 2025 No Responses

NNPCL Set For Initial Public Offer

The Nigerian National Petroleum Company Limited (NNPC Ltd) is at the final stage of getting listed in the capital market, in keeping with the provisions of the Petroleum Industry Act (PIA) 2021.This was disclosed by the Company’s Chief Finance and...

March 19, 2025 No Responses

DANGOTE SUSPENDS SALES OF PETROLEUM PRODUCTS IN NAIRA

The management of Dangote Petroleum Refinery has temporarily halted the sale of petroleum products in Naira.In a statement issued on Wednesday, the company explained that the decision is necessary to avoid a “mismatch between our sales proceeds and our c...

March 17, 2025 No Responses

NCDMB Launches ‘Champions Of Nigerian Content Awards’

The Nigerian Content Development Monitoring Board (NCDMB), in partnership with Sweetcrude Limited, publishers of SweetcrudeReports, is pleased to announce the launch of the ‘Champions of Nigerian Content Awards’. This prestigious awards ceremony ai...

March 15, 2025 No Responses

TotalEnergies To Sustain Oil, Gas Partnership With Nigeria

TotalEnergies will continue to partner with Nigeria in development of key oil and gas assets to support Governments revenue generation and community development.The Managing Director of the company, Matthieu Bouyer, gave the assurances during the tour of the T...

February 27, 2025 No Responses

NCDMB Boss Seeks Africa-Wide Local Content Framework

The Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe, has charged oil and gas industry stakeholders in Africa to institute an Africa-wide local content framework that harmonises policies and fosters cros...

February 18, 2025 No Responses

NCDMB Boss Visits Samsung, Africoat

The Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe on Monday visited the facilities of Samsung Heavy Industries Nigeria (SHIN), and Africoat Nigeria Limited, a pipe coating plant, located at Takwa Bay,...

February 11, 2025 No Responses

Dangote Refinery Reduces Diesel Price To N1,020 Per Litre

Dangote Petroleum Refinery & Petrochemicals has reduced the cost of its diesel product to N1,020 per litre, down from N1,075 per litre at the gantry price, in an effort to better serve its customers and Nigerians in general.Since it began...

February 5, 2025 No Responses

NLNG Photo News

L-R: The Managing Director/CEO, Nigeria LNG, Philip Mshelbila; Governor of Rivers State, Sir Siminalayi Fubara and Nigeria LNG’s General Manager, External Relations and Sustainable Development, Dr Sophia Horsfall at the Government House, Port Harcourt fo...

February 4, 2025 No Responses

Nigeria Generates $831.14b From Oil, Gas In 24 Years

Nigeria generated over $831.14 billion in revenue from the oil and gas sector between 1999 and 2023, the Nigeria Extractive Industries Transparency Initiative (NEITI), has declared. NEITI’s Executive Secretary, Ogbonnaya Orji, stated this on Monday when he...

January 22, 2025 No Responses

FG Targets Oil Production In Ogoniland

President Bola Tinubu on Tuesday directed the National Security Adviser (NSA), Nuhu Ribadu, to coordinate negotiations with various parties within Ogoniland in the oil-rich Niger Delta area to resume oil production in the area. The President, who gave the dire...

January 16, 2025 No Responses

Kyari: NNPCL Remitted ₦10tri In 2024

For the year 2024, the Nigerian National Petroleum Company Limited (NNPCL) remitted ₦10 trillion to the federation account. The Group Chief Executive Officer (GCEO), NNPCL, Malam Mele Kyari stated this on Wednesday during a presentation on NNPCL’s 20...