Tag: Nigeria

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Nigeria: Sylva Inaugurates the Nigerian Content Research & Development Fund

On Thursday, Timipre Sylva, Nigeria’s Minister of State for Petroleum Resources, represented by the Permanent Secretary of the Ministry of Petroleum Resources, Dr Nasir Sani-Gwarzo, launched the Nigerian Content Research...
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Banning Fossil Fuel Investments Would Crush Africa – Prof. Yemi Osinbajo

Professor Yemi Osinbajo, the vice president of the Federal Republic of Nigeria, offered his thoughts on the western world's planned shift away from fossil fuels and the impact it will...
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PGS Progresses in Data Coverage from Côte d’Ivoire to Nigeria with New Data

The most recent PGS MegaSurvey data exposes Tano Basin prospectivity from the shelf to deep water, adding to its ongoing data coverage from Côte d'Ivoire to Nigeria. This PGS data...
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Nigerian Oil Company Eterna to Sell 61% of its Stock to a New Investor

Following a deal with seven significant shareholders in the oil market to acquire their combined positions, a new majority shareholder is on track to buy out more than three-fifths of...
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More Modular Refineries to Commence Operations in Nigeria Soon – Minister

The Minister of State for Petroleum Resources, Timipre Sylva, said the modular refineries programme to improve domestic crude oil output in the country is on track in an interview with...
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Lukoil Pledges to Expand its Operations in Nigeria

Nigeria has reached an oil deal with Lukoil Corporation Nigeria Limited, a subsidiary of Russia's largest oil company and operator of the OML 140 Oil Block, to extend operations in...
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Nigeria’s NNPC Inaugurates Board of Greenfield Refinery Limited (NGRL)

The board of Greenfield Refinery Limited (NGRL), a subsidiary of the Nigerian National Petroleum Corporation (NNPC), has been established to oversee the construction and management of new refineries. During the...
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President Buhari Appoints Implementation Committee for Petroleum Industry Act

Following President Muhammadu Buhari's signing of the Petroleum Industry Bill into law on Monday, August 17th, 2021, the President has authorised the formation of an implementation committee to begin the...
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NIGERIA’S PETROLEUM INDUSTRY ACT – A TIMELINE OF EVENTS

From the founding of the Oil and Gas Reform Implementation Committee (OGIC) to the formation of the Petroleum Industry Bill (PIB) to the passage(s) of the Bill to the final...
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Nigeria: President Buhari Signs PIB into Law

President Muhammadu Buhari signed the Petroleum Industry Bill (PIB) 2021 into law on August 16, 2021, according to a statement by the Special Adviser on Media and Publicity, Femi Adesina....
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