14 h. ago Tinubu committed to creating jobs, value in oil, gas sector – Lokpobiri

…As Monarch Alloy opens plant in Lagos By Kehinde Aderemi President Bola Tinubu is committed to creating jobs and adding value in the oil and gas sector of Nigeria. Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, made the disclosure in Lagos during the commissioning of Monarch Alloy Limited Oil and Gas Pipe Coating […] The post Tinubu committed to creating jobs, value in oil, gas sector – Lokpobiri appeared first on The Sun Nigeria.

Politics

26 h. ago Local production of oil pipelines ‘ll complement foreign importation – FG

The Federal Government has vowed to continue to encourage the development and sustainability of oil and gas local content production. The Minister of Petroleum Resources (Oil), Heineken Lokpobiri, stated this on Thursday during the launch of Monarch Alloys 33LPE and concrete weight coating facility in the Ikorodu area of Lagos State. According to Lokpobiri, the […] The post Local production of oil pipelines ‘ll complement foreign importation – FG appeared first on The Sun Nigeria.

Politics

33 h. ago N/Delta Oil Communities Facing Extinction From Gas Flaring, Spills, NGOs Warn

As Nigeria joined the rest of the international community to commemorate the World Earth Day (WED), a coalition of non governmental organisations (NGOs) have drawn the attention of the federal government and other subnational authorities to the plights of residents of oil communities in the Niger Delta region. The Network Advancement Program for Poverty and […]

Events

4 d. ago Nigerians In Diaspora Laud Tinubu, Komolafe Over Reforms In Oil, Gas Sector

The Nigerians in Diaspora Groups has praised President Bola Tinubu and the Chief Executive Officer (CEO) of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Gbenga Komolafe, for their transformative leadership and commitment to transparency in Nigeria’s oil and gas sector. In a statement issued on Monday, David Matthew Akpambu, Global President of the Nigerians in […]

Politics

4 d. ago How competition, importation can stimulate downstream sector

As the downstream oil and gas sector continues to face challenges of underperformance, infrastructure deficits, and low investment, industry experts read more How competition, importation can stimulate downstream sector

Politics

4 d. ago Experts advise NNPCL boss on industry reform to enhance investor confidence

Oil and gas experts have asked the Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company Ltd. (NNPCL), read more Experts advise NNPCL boss on industry reform to enhance investor confidence

Politics

8 d. ago Petroleum engineers secure NBTE certification, moves to rebrand for industry reforms

By Adewale Sanyaolu The Nigerian Institution of Petroleum Engineers (NiPeTE), a division of the Nigerian Society of Engineers, has secured the approval of the National Board for Technical Education (NBTE) for its certification programs. This serves as part of its efforts to enhance professional capacity and credibility within the nation’s oil and gas sector. Chairperson […] The post Petroleum engineers secure NBTE certification, moves to rebrand for industry reforms appeared first on The Sun Nigeria.

Politics

8 d. ago Nigerian Petroleum Engineers Institute To Drive Oil Industry Growth

The Nigerian Institution of Petroleum Engineers (NiPeTE), a division of the Nigerian Society of Engineers, has announced plans to rebrand as the Nigerian Institute of Petroleum and Gas Engineers, as part of a strategic move to enhance professionalism and drive growth in Nigeria’s oil and gas sector. Chairperson of NiPeTE, Engr. Prisca Kanebi, disclosed this […]

Politics

1 week ago AEW 2025 Launched As $43bn Energy Spending Forecasted For Africa

As momentum builds across the Africa continent’s oil, gas, power, and renewable sectors, total capital expenditure in oil and gas alone is projected to reach $43 billion in 2025, with a long-term outlook of $54 billion by 2030. This is even as the African Energy Week (AEW): Invest in African Energies conference has officially launched […]

Politics

1 week ago SG HOLDINGS’ CP Programme Oversubscribed: A Vote of Investors’ Confidence

SG Holdings Limited, a leading downstream Oil and Gas company and a rising force in international shipping, has successfully completed its debut commercial paper (CP) issuance—Series 1 and 2—marking a significant milestone in its corporate journey. Originally targeting ₦30 billion, the programme was met with strong demand from the investment community, ultimately raising ₦34.6 billion—an Read More

Politics

1 week ago Firm to unveil survey on Nigeria’s oil, gas reforms April 17

A research and advocacy organisation, Good Governance Africa, is set to host a high-level dialogue on Nigeria’s oil and gas sector reforms, as part of its ongoing efforts to promote good governance and sustainable development across Africa’s largest economy. The event, scheduled for April 17 in Lagos, will feature the public presentation of survey findings Read More

Politics

2 w. ago Nigeria’s oil reserves hit 37.28n barrels, gas reserves reach 210.54 TCF – NUPRC

From Adanna Nnamani, Abuja Nigeria’s total proven and probable (2P) crude oil, condensate, and gas reserves as at January 1, 2025, have been pegged at 37.28 billion barrels and 210.54 trillion cubic feet (TCF) respectively. This was according to fresh data released by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). The figures, contained in a […] The post Nigeria’s oil reserves hit 37.28n barrels, gas reserves reach 210.54 TCF – NUPRC appeared first on The Sun Nigeria.

Politics

2 w. ago Nigeria’s gas reserves hit record 210.5trn cubic feet, to last 93 years

Nigeria’s crude oil and gas reserves have hit a record high of 37.24 billion barrels and 210.5 trillion cubic feet, read more Nigeria’s gas reserves hit record 210.5trn cubic feet, to last 93 years- NUPRC

Politics

2 w. ago Nigeria’s Gas Reserves Hit Record 210.5trn Cubic Feet, To Last 93 Years — NUPRC

Nigeria’s crude oil and gas reserves have hit a record high of 37.24 billion barrels and 210.5 trillion cubic feet, according to the Commission Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Engr. Gbenga Komolafe. The development comes amidst efforts by the commission to raise reserves as encapsulated in the Petroleum Industry Act, […]

Politics

2 w. ago JUST IN: Crude Oil reserves hit 37bn barrels, gas soars to 210.54TCF – NUPRC

The Nigerian Upstream Petroleum Regulatory Commission has declared the country’s official petroleum reserves position, revealing a staggering 37.28 billion barrels of crude oil and condensate alongside an eye-popping 210.54 trillion cubic feet of natural gas. This was disclosed on Friday in a press release titled “The Declaration of Annual National Petroleum Reserves Position as of Read More

Politics

2 w. ago Corruption, political interference, undermining impact of govt policies in oil, gas industry, operators cry out

Experts in Nigeria’s oil and gas industry have decried the impact of political interference, corruption as well as weak institutions read more Corruption, political interference, undermining impact of govt policies in oil, gas industry, operators cry out

Politics

2 w. ago Nigeria posts first balance of payments surplus in three years

Nigeria recorded its first balance of payments surplus in three years as reforms including boosting oil and gas production, removing read more Nigeria posts first balance of payments surplus in three years

Politics

2 w. ago NUPENG, PENGASSAN Fault NNPLC’s External Recruitment Process

Organised labour in the oil and gas sector, the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) and the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), have criticised the Nigerian National Petroleum Corporation Limited’s (NNPCL) plans to fill top management positions with externally recruited people. The two unions have expressed their […]

Politics

2 w. ago Afreximbank sets up $3bn fund to finance refined oil products in Africa

The African Export-Import Bank (Afreximbank), an investor in oil and gas projects, has earmarked $3bn to finance the purchase of read more Afreximbank sets up $3bn fund to finance refined oil products in Africa

Politics

2 w. ago Tolulope Longe to chair 2025 bullion lecture on Nigeria’s $1

Tolulope Longe, the national president of Women in Energy, Oil and Gas (WEOG) has been announced as the chairperson for read more Tolulope Longe to chair 2025 bullion lecture on Nigeria’s $1-trillion energy vision

Politics