8 d. ago FG mediates Sterling Oil, PENGASSAN dispute for industry stability

The Federal Government has mediated a resolution between Sterling Oil Exploration & Energy Production Company Limited (SEEPCO) and the Petroleum read more FG mediates Sterling Oil, PENGASSAN dispute for industry stability

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9 d. ago Divestment key to retaining value in Nigeria’s energy sector, says  Sen. Lokpobiri

The Honourable Minister of State for Petroleum Resources (Oil), Sen. Heineken Lokpobiri, Ph.D, has reaffirmed that divestment is a vital component of the energy business. When strategically executed, he said, it delivers measurable benefits to Nigeria’s oil and gas sector. He emphasized that the successful conclusion of long-pending divestment transactions under the #RenewedHope administration has […] The post Divestment key to retaining value in Nigeria’s energy sector, says  Sen. Lokpobiri appeared first on The Sun Nigeria.

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9 d. ago NCDMB Seeks Content Devt Fund’s Exclusion From Revenue Deductions

The Nigerian Content Development and Monitoring Board (NCDMB), has highlighted ongoing efforts to develop a robust oil and gas industry that will further promote local content and address skill gaps in the industry. The board said this would be accelerated with strong infrastructure backing and legislative reforms and also by excluding the Nigerian Content Development […]

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1 week ago Senate Committee Backs NCDMB On Indigenous Control Of Oil Sector

The Senate Committee on Local Content has commended the Nigerian Content Development and Monitoring Board (NCDMB) for its efforts in promoting local participation in the country’s oil and gas industry. Vice chairman of the Senate Committee and Senator representing Delta Central, Chief Ede Dafinone, made the commendation at the end of the first day of […]

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2 w. ago Niger courts Dangote Group’s partnership to unlock crude oil potential

From Emmanuel Adeyemi, Lokoja With its proven expertise in the energy sector, the Dangote Group is well-positioned to contribute significantly to the exploration and development of recently discovered oil blocks in Niger State’s Bida Basin. Addressing industry leaders at the Dangote Special Day event at the Niger National Trade Fair in Minna, Governor Umaru Muhammed […] The post Niger courts Dangote Group’s partnership to unlock crude oil potential appeared first on The Sun Nigeria.

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2 w. ago PE Energy submits landmark engineering audit of oil & gas measurement systems to NUPRC

Tribune Online PE Energy submits landmark engineering audit of oil & gas measurement systems to NUPRC In what could best be described as a landmark milestone for Nigeria’s upstream oil and gas industry, PE Energy Limited,  has completed and officially submitted the Engineering Audit Report on Upstream Measurement Equipment and Facilities in the Nigerian Oil & Gas Sector to the Nigerian Upstream Petroleum Regulatory Commission (NUPRC).  The Engineering Audit Report was presented by the Chairman, PANA […] PE Energy submits landmark engineering audit of oil & gas measurement systems to NUPRC Tribune Online

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2 w. ago MSM plans to invest dollars in Nigeria’s cement, power sectors

Tribune Online MSM plans to invest dollars in Nigeria’s cement, power sectors AS part of an ambitious expansion strategy, Nigerian conglomerate MSM Group is ramping up its footprint in the country’s industrial sectors with multi-billion-dollar investments in the cement industry and power plants. The strategic plan of the company, currently a major player in the nation’s oil and gas industry, is to diversify its operation by going […] MSM plans to invest dollars in Nigeria’s cement, power sectors Tribune Online

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2 w. ago Tinubu signs executive order to boost oil sector efficiency, investments

From Juliana Taiwo-Obalonye, Abuja In a move to enhance Nigeria’s oil and gas industry, President Bola Tinubu has signed a ground-breaking Executive Order aimed at reducing operational costs, attracting fresh investments, and maximising government revenues from upstream petroleum activities. According to a statement issued by Senan Murray, Office of the Special Adviser to the President […] The post Tinubu signs executive order to boost oil sector efficiency, investments appeared first on The Sun Nigeria.

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2 w. ago Tinubu signs executive order to boost oil sector efficiency and investment

From Juliana Taiwo-Obalonye, Abuja   In a move to enhance Nigeria’s oil and gas industry, President Bola Tinubu has signed a groundbreaking Executive Order aimed at reducing operational costs, attracting fresh investment, and maximizing government revenues from upstream petroleum activities. According to a statement issued by Senan Murray, Office of the Special Adviser to the […] The post Tinubu signs executive order to boost oil sector efficiency and investment appeared first on The Sun Nigeria.

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3 w. ago With govt support, cotton, textile industry can rival oil in social impact – Majekodunmi

•Tinubu administration bridging missing links in business sector By Remi Adefulu Ms. Ololade Majekodunmi is a leading player in the corporate world as a strong advocate of the Cotton, Textile and Garment (CTG) industry. She’s National Coordinator, Nigeria Cotton Society, and Managing Director, House of Dorcas Integrated Services (HDI). In this interview, she bares her […] The post With govt support, cotton, textile industry can rival oil in social impact – Majekodunmi appeared first on The Sun Nigeria.

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3 w. ago With govt support, cotton, textile industry can rival oil in social impact

•Tinubu administration bridging missing links in business sector By Remi Adefulu Ms. Ololade Majekodunmi is a leading player in the corporate world as a strong advocate of the Cotton, Textile and Garment (CTG) industry. She’s National Coordinator, Nigeria Cotton Society, and Managing Director, House of Dorcas Integrated Services (HDI). In this interview, she bares her […] The post With govt support, cotton, textile industry can rival oil in social impact -Majekodunmi appeared first on The Sun Nigeria.

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4 w. ago Nigeria retains 56% of oil industry spend as local content deepens

Felix Ogbe, the executive secretary of the Nigerian Content Development and Monitoring Board (NCDMB), revealed that Nigeria now retains 56 read more Nigeria retains 56% of oil industry spend as local content deepens

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last month World Product Day to deepen conversation on local content, backward integration

The 2025 World Product Day is to deepen conversation on local content, just as it also aims to amplify product read more World Product Day to deepen conversation on local content, backward integration

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last month NUPRC: Strengthening Regulatory Implementation To Broaden Nigeria’s Oil & Gas Opportunity

Available data shows that Nigeria’s oil and gas industry had faced a plethora of challenges, ranging from low investor confidence, dwindling crude oil production worsened by theft and pipeline sabotage, absence of Final Investment Decisions (FIDs) on major projects, the slump of industry annual spends to less than $6 billion in 2021, from a high […]

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