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Oil & Gas
Oil and Gas: Pinnacle $1bn FZE Terminal Inaugurated in Lagos
President Muhammadu Buhari, on Saturday, inaugurated the Pinnacle Oil and Gas FZE terminal at the Lagos Free Trade Zone in Lekki.
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Niger Delta Communities Frown at Petroleum Industry Act
Many local activists in Nigeria say that the 3% of operating expenses that oil companies must pay to host communities under the Petroleum Industry Act (PIA) is insufficient to…
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NNPC to Purchase 20% Equity Stake in Dangote Refinery
The Nigerian National Petroleum Corporation (NNPC) plans to acquire a 20% minority equity stake in Africa's biggest oil refining facility, Dangote Refinery, Lagos.
The…
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Industrialization is Key to Building a Strong Supply Chain- Dr. Jadesimi
The Managing Director of LADOL Free Zone, Dr. Amy Jadesimi, has said that only industrialization can help build a strong supply chain.
Jadesimi who was a guest speaker at…
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FG: Nigeria to Anticipate Oil Yields From New Marginal Fields in 2022
The Federal Government has expressed anticipation of oil yields from marginal fields in 2022. Mr. Sarki Auwalu, Director/ Chief Executive Officer at the Department of Petroleum…
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New Strategic Imperatives in Oil and Gas Sector
Businesses, oil and gas industries and countries increasingly find themselves in recovery mode after the multifaceted disruption caused by the COVID-19 pandemic. Yet, the health…
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Nigeria Accidentally Discovers Gas Reserves While Searching for Crude
Nigeria’s Minister of State for Petroleum Resources, Timipre Sylva, says the country has “accidentally” discovered 206 trillion cubic feet of gas reserves while searching for crude oil.…
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