Heineken Lokpobiri
Nigeria sticks to OPEC rules amid Output Rise – Lokpobiri
Nigeria has restated its commitment to the Organisation of Petroleum Exporting Countries (OPEC) production rules, despite recent increases in crude oil output. Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, gave the assurance while addressing industry stakeholders at the 4th Petroleum and Energy Leadership Summit (PEALS) in Abuja on Wednesday. According to Lokpobiri, […]
NNPC Chief, Top Executives Set for NAPE’s 50th Anniversary
The Nigerian Association of Petroleum Explorationists (NAPE) will today, Thursday, August 14, host a historic gathering in Lagos to celebrate its 50th anniversary, bringing together the most influential figures in Nigeria’s oil and gas sector. Among the dignitaries expected at the Golden Jubilee celebration are the Group Chief Executive Officer of the Nigerian National Petroleum […]
NNPC, First E&P Achieve Major Oil Sector Safety Milestone
The Nigerian National Petroleum Company Limited (NNPC Ltd) and its Joint Venture partner, FIRST Exploration and Petroleum Development Company (FIRST E&P), have recorded a major safety milestone in Nigeria’s oil and gas industry, with an outstanding 10 million Lost Time Incident (LTI)-free man-hours across their operations in Production Mining Lease (PML) 53 and 54. This […]
FG Targets Oil Theft, Revamps Licensing
The Federal Government of Nigeria has announced a sweeping reform in its oil and gas sector, effectively ending what it described as the “era of speculative licensing” where companies hold oil blocks without developing them. This bold move comes as the Nigerian National Petroleum Company Limited (NNPCL) revealed that all five of its major crude […]
Tinubu Okays Oil Licences for Northern Projects
In a major push to unlock Nigeria’s dormant oil potential in the North, President Bola Tinubu has approved all critical regulatory licences for the Kolmani Integrated Development Project—an ambitious multibillion-dollar oil and gas initiative straddling Bauchi and Gombe States. This landmark approval was announced by the Minister of State for Petroleum Resources (Oil), Senator Heineken […]