Tag: Oil and Gas
”The law is clear on domestic crude oil supply obligations,” says...
WED AUG 07 2024-theGBJournal| The Group Chief Executive Officer of NNPC Limited, Mr. Mele Kyari has said the company has not breached any of...
Acquisition Approval Delays| The wrong look for Nigeria
...There is a crying need for a new level of efficiency, timeliness, and openness in the approval process to give a fair shake to...
To stem investment elsewhere, Nigeria’s oil sector requires change
...With two-thirds or more of its revenue coming from oil, investor flight is a serious problem for Nigeria
...Five global oil companies are still working...
Oil sector projected to boost Nigeria’s GDP growth in Q2-24
...For the oil sector, we point out that domestic oil production has increased modestly in recent months after declining to 1.43 mb/d (including condensates)...
Angola’s 2025 licensing round underscores attractive exploration opportunities in Africa
...Angola's upcoming bid round offers 29 opportunities in hydrocarbon-rich basins, minimizing financial risk for exploratory companies
...Upcoming licensing rounds like Angola’s – as well as...
NNPC Ltd lists key energy projects in the stable that investors...
...Makes strong case for oil and gas sector derisking to attract investors
...Calls for Development of Institutions to finance energy projects
THUR JULY 04 2024-theGBJournal| The...
NNPC to introduce fresh rig sharing programme with its partners as...
...Kyari said the “war” will help NNPC Ltd. and its partners to speedily clear all identified obstacles to effective and efficient production
WED JULY 03...
NNPC Ltd, TotalEnergies JV seal US$550 million Final Investment Decision on...
...Located in OML58, the Ubeta gas condensate field will be developed with a new 6-well cluster connected to the existing Obite facilities through an...
Review of operations shows Shell’s Bonga boosted Nigeria’s 2023 oil production
...Bonga, Nigeria’s first deep-water development produced some 138,000 barrels of oil per day (boepd) in 2023 compared to around 101,000 in 2022.
TUE MAY 14...
Nigeria’s oil and gas sector is not where it ought to...
FRI MAY 10 2024-theGBJournal| The Nigerian National Petroleum Company Ltd (NNPC Ltd.) says it will continue to invest in the development of huge oil...
