89 m. ago BREAKING: Tinubu desolves NNPC board, replaces Kyari as GCEO with Ojulari, names Kida as new non

• Targets attracting $30bn investments by 2027, $60bn by 2030.   From Juliana Taiwo-Obalonye, Abuja     President Bola Tinubu in a bold move to reshape Nigeria’s oil and gas sector as well as restore investor confidence in a more commercially viable entity, President Tinubu also set ambitious targets for the oil sector under his […] The post BREAKING: Tinubu desolves NNPC board, replaces Kyari as GCEO with Ojulari, names Kida as new non-executive chairman appeared first on The Sun Nigeria.

Politics

89 m. ago BREAKING: Tinubu dissolves NNPC board, replaces Kyari as GCEO with Ojulari, names Kida as new non

• Targets attracting $30bn investments by 2027, $60bn by 2030.   From Juliana Taiwo-Obalonye, Abuja     President Bola Tinubu in a bold move to reshape Nigeria’s oil and gas sector as well as restore investor confidence in a more commercially viable entity, President Tinubu also set ambitious targets for the oil sector under his […] The post BREAKING: Tinubu dissolves NNPC board, replaces Kyari as GCEO with Ojulari, names Kida as new non-executive chairman appeared first on The Sun Nigeria.

Politics

15 h. ago Federal Gov’t Seeks Tangible Investment By International Oil Firms

  The federal government has called on major oil companies operating in the country to reciprocate its efforts in enhancing the investment climate by committing tangible investments to the sector. This appeal comes after significant reforms aimed at improving regulatory stability and fiscal competitiveness in the oil and gas industry. Minister of State for Petroleum […]

Politics

22 h. ago Edo APC Chieftain Hails Tinubu, Ihonbvere Over Afuze Sport Varsity 

A chieftain of the All Progressives Congress (APC) in Etsako East local government area of Edo State, Mr Vitalis Eshokene, has hailed President Bola Tinubu and the member representing Owan federal constituency, Prof. Julius Ihonbvere over the establishment of Federal University of Sports in Afuze Edo State. Eshokene, a former executive director, Oil and Gas to […]

Politics

30 h. ago Oil, gas host communities urge Tinubu to intervene in political impasse

From Adesuwa Tsan, Abuja Host Communities of Nigeria Producing Oil and Gas (HOSTCOM) have called on President Bola Tinubu to urgently intervene in the ongoing political crisis in Rivers State, citing concerns over its potential impact on the state’s stability and economic contributions to the nation. The political turmoil arising from a power tussle between […] The post Oil, gas host communities urge Tinubu to intervene in political impasse appeared first on The Sun Nigeria.

Politics

37 h. ago CBN shakes up oil and gas industry with new terminal assignments, boosts transparency

The Central Bank of Nigeria (CBN) has announced a comprehensive review of the allocation of terminals to Pre-Shipment Inspection Agents read more CBN shakes up oil and gas industry with new terminal assignments, boosts transparency

Politics

37 h. ago Oil and gas host communities urge President Tinubu to intervene in Rivers political crisis

….declares support for reelection of Tinubu in 2027   From Adesuwa Tsan, Abuja   Host Communities of Nigeria Producing Oil and Gas (HOSTCOM) have called on President Bola Ahmed Tinubu to urgently intervene in the ongoing political crisis in Rivers State, citing concerns over its potential impact on the state’s stability and economic contributions to […] The post Oil and gas host communities urge President Tinubu to intervene in Rivers political crisis appeared first on The Sun Nigeria.

Politics

56 h. ago NEITI recovers $4.85n from oil and gas industry liabilities 

From Adanna Nnamani, Abuja     The Nigeria Extractive Industries Transparency Initiative (NEITI) said $4.85 billion has been recovered from outstanding payments owed by oil and gas companies, following its industry-wide financial disclosures.      He mentioned however, that while significant progress has been made in recovering funds, unresolved financial liabilities remain a major concern. […] The post NEITI recovers $4.85n from oil and gas industry liabilities  appeared first on The Sun Nigeria.

Politics

7 d. ago Trump Threatens 25% Tariff On Countries Buying Oil From Venezuela

United States President Donald Trump has announced plans to impose a 25 per cent tariff on any country purchasing oil or gas from Venezuela. The proposed tariff, revealed in a post on Truth Social, is part of the administration’s strategy to exert economic pressure on the South American nation. Trump accused Venezuela of hostility toward […]

Politics

7 d. ago Trump to hit Venezuelan oil buyers with tariff, extends Chevron’s wind down – Reuters

U.S. President Donald Trump said on Monday that any country buying oil or gas from Venezuela will pay a 25% read more Trump to hit Venezuelan oil buyers with tariff, extends Chevron’s wind down – Reuters

Politics

8 d. ago 10,000 Indians doing Nigerians’ jobs: Why we’ll embark on nationwide strike —PENGASSAN

Tribune Online 10,000 Indians doing Nigerians’ jobs: Why we’ll embark on nationwide strike —PENGASSAN The President of the Trade Union Congress of Nigeria (TUC), who also serves as the National President of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), Comrade Festus Osifo, sounded a strong warning of a looming strike in the oil and gas industry to both the Nigerian government and Sterling Oil Energy […] 10,000 Indians doing Nigerians’ jobs: Why we’ll embark on nationwide strike —PENGASSAN Tribune Online

Politics

8 d. ago Fake pipeline explosion videos circulating, Fubara tells police

Suspended Rivers State Governor, Siminalayi Fubara, has raised the alarm over fake reports of pipeline explosions in the state, urging security agencies to investigate and take action against those spreading false information. In a statement issued by his Chief Press Secretary, Nelson Chukwudi, Fubara dismissed viral videos of alleged attacks on oil and gas facilities Read More

Events

9 d. ago Renaissance denies gas explosion at its gas plant in rivers state

Renaissance, an indigenous oil and gas company, has denied reports of a gas explosion at its gas plant in Rivers read more Renaissance denies gas explosion at its gas plant in rivers state

Politics

9 d. ago Host Community Debunks Reported Explosion At NLNG Pipeline In Rivers

The people of Soku community in Rivers State have debunked reports on social media suggesting an explosion on gas pipelines along the Soku-Abua-Rumuji Right of Way. The Soku oil and gas field, which is a critical component of Oil Mining Licence (OML) 23, is jointly owned by Eni, the Nigerian National Petroleum Company (NNPCL), Shell […]

Politics

1 week ago President Tinubu Addresses National Assembly On Rivers Crisis

President Bola Tinubu addressed the National Assembly, reaffirming his decision to declare a state of emergency in Rivers State. He believes this measure will restore stability, save lives, and secure critical infrastructure. The President commended the National Assembly for ratifying the proclamation, citing the crisis’s threat to vital oil and gas installations and its impact […] The post President Tinubu Addresses National Assembly On Rivers Crisis appeared first on Information Nigeria.

Politics

1 week ago FG flags off 10Mmscf/day CNG mother station construction in Akwa Ibom

Tribune Online FG flags off 10Mmscf/day CNG mother station construction in Akwa Ibom The Federal Government has flagged off the construction of a 10 million standard cubic feet per day (MMSCF/D) Compressed Natural Gas (CNG) Mother Station by Nsik Oil and Gas Limited at Uquo Isi Edoho, Esit Eket Local Government Area, Akwa Ibom State. FG flags off 10Mmscf/day CNG mother station construction in Akwa Ibom Tribune Online

Politics

1 week ago NCDMB Sells Nigeria’s Local Content Opportunities To Investors At NOGOF

The Nigerian Content Development and Monitoring Board (NCDMB) is set to showcase Nigeria’s local content opportunities to investors at the upcoming Nigerian Oil and Gas Opportunity Fair (NOGOF) 2025. NCDMB said it is targeting fresh local investments into the Nigerian oil and gas sector during the 2025 NOGOF scheduled for May 21-22, 2025, at the […]

Politics

1 week ago NUPRC Recommits To Upstream Decarbonisation Drive, $410bn Needed For Net

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has reaffirmed its commitment to decarbonising the country’s upstream oil and gas sector, aiming for net-zero emissions by 2060. This ambitious goal requires significant investment, estimated at $410 billion, to transform the energy landscape. Chief executive of NUPRC, Gbenga Komolafe delivered a keynote address at the Decarbonisation and […]

Transport

2 w. ago Shell divestment proves Nigeria’s ability to manage major oil assets – NAPE

The Nigerian Association of Petroleum Explorationists has stated that Renaissance Africa Energy Holdings’ acquisition of the entire equity holding in the Shell Petroleum Development Company of Nigeria is a testament to Nigerian companies’ ability to manage and operate large-scale oil and gas assets. In a statement signed by NAPE president, Mr. Johnbosco Uche and made Read More

Politics

2 w. ago FG to protect Nigerian workers’ interests, reviews expatriate quota policy

The Federal Government has reaffirmed its commitment to transparency and accountability in the administration of expatriate quotas. This is following recent allegations of irregularities in the oil sector. The Petroleum and Natural Gas Senior Staff Association of Nigeria had last week protested at Sterling Oil Exploration and Energy Production Company’s headquarters in Lagos. The union Read More

Politics