Oil and Gas – City Business News

April 9, 2026 No Responses

ExxonMobil Visits NUPRC On Planned Multi-Billion Dollar FID

ExxonMobil has briefed the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) on its plan to invest in multi-billion dollar deep-water projects.The oil major unveiled its plans when it visited the NUPRC headquarters in Abuja as part of activities to mark 20...

April 8, 2026 No Responses

Pipeline Security Boosts Nigeria’s Oil Output to 1.71mbpd, Says NNPCL

The Nigerian National Petroleum Company Limited (NNPCL) has confirmed a significant recovery in Nigeria’s crude oil output, rising from a historic low of 960,000 barrels per day in 2022 to an average of 1.71 million barrels per day, with peak...

March 10, 2026 No Responses

Conoil, Omatek, Oando Lift Stock Market With N147b

The Nigerian stock market opened the week on a positive note on Monday, with investors gaining N147 billion as market capitalisation climbed to N126.583 trillion.The gain was driven by sustained demand for stocks such as: Conoil, Legend Internet Omatek, NGX...

December 18, 2025 No Responses

NCDMB, Ministry, Immigration To Streamline Expatriate Permits In Oil, Gas Industry

The Nigerian Content Development and Monitoring Board (NCDMB), in collaboration with the Ministry of Interior (MOI) and the Nigerian Immigration Service (NIS), has inaugurated a tripartite committee aimed at strengthening regulatory compliance, streamlining op...

December 12, 2025 No Responses

NUPRC issues 28 Permits For Flare Gas Utilisation, Projects $2b Investments, 100,000 jobs

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has issued Permits to Access Flare Gas to 28 successful awardees under the Nigerian Gas Flare Commercialisation Programme (NGFCP), marking a pivotal shift from environmental liability to economic op...

December 4, 2025 No Responses

At World LNG Summit, NLNG Boss Harps On Affordable, Decarbonized LNG

At the World LNG Summit in Istanbul Turkey, the Managing Director of Nigeria LNG (NLNG), Philip Mshelbila, delivered a forward-looking perspective on the evolving role of liquefied natural gas in the global energy landscape, arguing that LNG’s potential exte...

November 4, 2025 No Responses

NNPC Reaffirms Agenda To Hit 2m bpd Oil Output By 2027, 3m by 2030

The Nigerian National Petroleum Company Limited (NNPC Ltd.) has reaffirmed Nigeria’s commitment to boosting crude oil production, targeting two million barrels per day (bpd) by 2027 and three million bpd by 2030.This was disclosed by Mr. Udy Ntia, Executive ...

September 23, 2025 No Responses

Nigeria Begins Verification Of Disputed Oil, Gas Fields, Wells

The Nigerian Government has commenced verification of disputed and newly drilled crude oil and gas fields and wells in the Niger Delta region.Addressing newsmen in Asaba, Dr Mohammed Shehu, the Chairman of the Revenue Mobilisation Allocation and Fiscal Commiss...

September 14, 2025 No Responses

Methane Emissions: NLNG Seeks Industry-Wide Action

NLNG is intensifying its drive to reduce methane emissions by embedding prevention measures into its facility design, upgrading existing assets, and commissioning new technologies, the Managing Director and Chief Executive Officer, Philip Mshelbila, has said.S...

September 14, 2025 No Responses

NLNG Secures New Gas Deals

NIGERIA LNG (NLNG) has secured a strategic shift toward third-party gas sourcing to sustain production and meet growing energy demands across Africa and global markets.Mr Nnamdi Anowi, General Manager, Production, NLNG, disclosed this while addressing a Focuss...

September 13, 2025 No Responses

Clarifying Role Of Market Players In Nigeria’s Downstream Petroleum Sector By Olufemi A. Adewole

The Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) has watched with dismay the unfolding tensions between the Dangote Petroleum Refinery and the National Union of Petroleum and Natural Gas Workers (NUPENG).While the matter may not dire...

May 30, 2025 No Responses

NLNG Implores Africa On Closing Energy Access Gap

NLNG Deputy Managing Director, Mr. Olakunle Osobu has challenged Africa’s public and private sectors to work together in closing the continent’s energy access gap, especially for the over 600 million people still without reliable electricity.He emphasized ...

May 28, 2025 No Responses

NLNG Unveils Train 7 Capital Development Scheme

As part of its commitment to Nigerian Content and youth empowerment, NLNG has launched the Train 7 Human Capital Development (HCD) Supplementary Programme in Port Harcourt.According to NLNG, the new phase builds on the existing HCD Basic Training, offering par...

May 26, 2025 No Responses

NLNG Seeks Supportive Policies To Drive Decarbonisation In LNG Shipping

To drive decarbonisation and prepare for a net-zero future,the NLNG has called for policies and regulations to be tailored to the uniquiness, dynmaics and challenges of the LNG shipping industry.Speaking during a panel session on LNG Shipbuilding and Transport...