NEITI: Nigeria earned $741.48bn from oil, gas sales in 21 years
The Nigeria Extractive Industries Transparency Initiative ((NEITI) has said that the country earned N741.48 billion from oil and gas sales between 1999 and 2020, a
Tag : Oil
Oil, gas stakeholders move to give back to host communities
Stakeholders in the oil and gas sector have pledged continued support to positive externalities for host communities and to address their environmental concerns. They also
Oil, gas stocks gain N355.8 billion in four months
The unprecedented bull run recorded in the country’s stock market that resulted in over an N5 trillion increase in market capitalisation, coupled with the surge
OIL: 82% of production lost in Feb, IPPG
The Federal Government Thursday raised an alarm over the rising rate of crude oil theft in the Niger Delta, disclosing that about $3.27 billion worth
NUPRC boss seeks strategies for sustainability of Nigerian content in oil, gas sector
Chief Executive Officer, Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Mr Gbenga Komolafe, has called for the development of strategies for sustainability of Nigerian content policies
Investors lose N71.44bn as oil, banking stocks decline
Investors in the equities market of the Nigerian Exchange Limited recorded a loss of N71.44bn at the end of the trading session on Thursday as
Oil, banking stock sell-off triggers N12.58bn market loss
The All-Share Index of the Nigerian Exchange Limited dropped by 0.06 per cent to close the week at 42,014.50 basis points from 42,014.50bps the previous
Nigeria deepens automation, control systems integration in oil, gas sector
With the inauguration of PE Energy Limited’s integrated valve assembly plant in Port Harcourt, Rivers State, Nigeria’s capacity to develop control and automation solutions, especially
Oil will remain number one energy source globally – OPEC
The Organisation of Petroleum Exporting Countries released the World Oil Outlook 2021 on Tuesday and declared that crude oil would retain its number one position
Oil, gas GDP contribution drops by N3.25tn in two years
The contribution of crude petroleum and natural gas sector, which is a sub-sector under the mining and quarrying sector, to Nigeria’s Gross Domestic Product dropped
