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Oyedele fiscal policy Committee teams up with NEITI to drive oil, gas, extractive industry transparency
February 9, 2024DownstreamExtractive IndustryImpactNewsOil & GasUpstream

Oyedele fiscal policy Committee teams up with NEITI to drive oil, gas, extractive industry transparency

  Oredola Adeola   The Presidential Committee on Fiscal Policy and Tax Reforms (PCFPTR) has agreed to partner with the Nigeria Extractive Industries Transparency Initiative (NEITI) to leverage the findings and recommendations contained in its oil & gas and extractive…

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NLC, TUC give FG 14 days to lessen economic impact of fuel price hike, Naira devaluation
February 8, 2024DownstreamImpactOil & Gas

NLC, TUC give FG 14 days to lessen economic impact of fuel price hike, Naira devaluation

  Oredola Adeola   Following the Federal Government’s failure to implement the 16-point agreement agreed on October 2, 2023, the Nigeria Labour Congress and the Trade Union Congress have given the federal government two weeks to commence the implementation of…

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NNPC Ltd. finally agrees to CBN oversight of oil sales revenue
February 8, 2024GasNewsOil & GasUpstream

NNPC Ltd. finally agrees to CBN oversight of oil sales revenue

  Oredola Adeola   The Nigerian National Petroleum Company Limited (NNPC Ltd.) has agreed to the Federal Government’s directive for the Central Bank of Nigeria (CBN) to oversee the management of oil sales revenue, including the domiciliation of a significant…

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NNPCL, TotalEnergies, partners commence oil production from Akpo West Field, add 14,000bpd  to Nigeria’s output
February 8, 2024GasNewsOil & GasUpstream

NNPCL, TotalEnergies, partners commence oil production from Akpo West Field, add 14,000bpd  to Nigeria’s output

The Nigerian National Petroleum Company Limited (NNPC Ltd.) TotalEnergies and partners have commenced crude oil production from the Akpo West Field, adding about 14,000 barrels per day of condensate to Nigeria’s oil production, with an expected production of about 4…

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Tantita arrests MT Harbour Spirit for crude oil theft in Delta State
February 6, 2024MaritimeMidstreamNewsOil & GasOil theftUpstream

Tantita arrests MT Harbour Spirit for crude oil theft in Delta State

Oredola Adeola   The Tantita Security Services Limited, in collaboration with the Nigerian Navy other security operatives have arrested another vessel Motor Tanker (MT) Harbour Spirit, with IMO No. 8226272, for crude oil theft in Delta State.   Advisors Reports’…

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NCDMB parleys Chevron, commits to fast-tracking oil, gas projects approvals
February 6, 2024GasNewsOil & GasUpstream

NCDMB parleys Chevron, commits to fast-tracking oil, gas projects approvals

  Oredola Adeola   The Nigerian Content Development and Monitoring Board (NCDMB) has pledged to expedite the approval of requests and documents submitted by oil and gas companies to ensure the swift development of projects, increase oil production, and improve…

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Tinubu, OPEC SG among speakers to discuss new energy world order at NIES 2024
February 6, 2024AdvertorialDocumentaryGasHydrogenImpactMaritimeMidstreamOil & GasReviewUpstream

Tinubu, OPEC SG among speakers to discuss new energy world order at NIES 2024

  Oredola Adeola The Nigeria International Energy Summit (NIES) 2024, scheduled to take place at the International Conference Centre (ICC) in Abuja, Nigeria, from February 26 to March 1, 2024, will host President Bola Tinubu including H.E Haitham Al Ghais,…

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NNPC, US DOS-ENR, Deloitte choose OML 34 as pilot site for greenhouse gas reduction project
February 6, 2024EnvironmentGasImpactNewsOil & GasUpstream

NNPC, US DOS-ENR, Deloitte choose OML 34 as pilot site for greenhouse gas reduction project

  Oredola Adeola   The Oil Mining Lease (OML) 34 in Western Niger Delta has been chosen by the Nigerian National Petroleum Company Limited (NNPC Ltd.), in a collaboration with the U.S. Department of State Bureau of Energy Resources (DOS-ENR),…

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Shell, JV partners secure FID for Dangote refinery 100 mscf Gas Supply, targets 400MW energy output
February 5, 2024GasMidstreamNewsOil & GasUpstream

Shell, JV partners secure FID for Dangote refinery 100 mscf Gas Supply, targets 400MW energy output

      Oredola Adeola Shell Nigeria, alongside NNPCL, TotalEnergies, and Nigerian Agip Oil Company, has finalized the investment decision to construct a dedicated facility, supplying 100 million standard cubic feet of gas per day to Dangote Fertiliser and Petrochemical…

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