Nigeria Archives - Page 13 of 18

6th October 2020

Nigeria: PIB Proposes the Creation of Midstream Gas Infrastructure Fund, MDPRA

The Nigerian Petroleum Industry Bill 2020 is said to be proposing the establishment of a new intervention Fund to be called the Midstream Gas Infrastructure Fund, and a new regulatory...

3rd October 2020

Oyo State Signs MoU with Shell Nigeria Gas to Lay Gas Pipeline in the State

At a brief event that held at the Executive Council Chamber of the Oyo State Governor's office in Nigeria today, the government of the state and Shell Nigeria Gas signed...

3rd October 2020

Chevron to Reduce its Workforce in Nigeria by 25%

Chevron Nigeria Limited has announced that is cutting its workforce by 25% as a result of the prevailing business climate caused by the COVID-19 pandemic which has led to low...

2nd October 2020

Spain’s Naturgy to Renegotiate Gas Supply Contracts with Nigeria, Morocco, others

As part of its renegotiation of several ‘Gas and LNG supply contracts’ due to the effects of the coronavirus pandemic, Spain's largest gas group, Naturgy, on 29th September announced it...

28th September 2020

NIGERIA: PIB will Commercialise NNPC not Scrap the Oil Company

Contrary to reports concerning the provisions of the Bill sent to the National Assembly by the President of Nigeria, the Minister of State for Petroleum Resources, Timipre Sylva, has dismissed...

28th September 2020

President Buhari Sends PIB to Nigeria’s National Assembly

President Muhammadu Buhari has reportedly sent the Petroleum Industry Bill 2020 to the National Assembly for it to be reviewed and passed. The much-awaited bill has been in the works...

21st September 2020

NNPC to Disclose Successful Bidders for Infrastructure Rehabilitation by the End of Q1, 2021

The Nigerian National Petroleum Corporation (NNPC) has announced it will be unveiling the list of successful bidders for the rehabilitation of its critical downstream pipelines, associated depots and terminal infrastructure....

20th September 2020

African Countries Exported Highest Bopd for 10 months to India in August

The world's third biggest oil-importer, India, shipped in about 3.95 million barrels per day (bpd) of oil in August, jumping to the country's highest in 10 months. Recent shipping data...

14th September 2020

OPEC Celebrates 60th Anniversary

On the 14th of September 1960 in Al-Shaab Hall in Baghdad, the Organisation of Petroleum Exporting Countries was birthed. The five founding fathers were Juan Pablo Pérez Alfonzo of Venezuela;...

8th September 2020

NNPC Dismisses Allegations of AKK Gas Pipeline Inflation; Threatens Legal Action

The Nigerian National Petroleum Corporation (NNPC) has dismissed the recent allegations that the Ajaokuta-Kaduna-Kano (AKK) Gas Pipeline Project was inflated to $1.527 billion. The Corporation says the allegations are false,...