A delegation from the Ghana National Petroleum Corporation (GNPC) has visited the Nigerian Content Development and Monitoring Board (NCDMB) on a knowledge sharing and local content benchmarking study, with a view to deepen their understanding of the Board’s local content development practices in the areas of policy frameworks and implementation strategies, among other things. The…
The Nigerian Oil and Gas Park Scheme (NOGaPS) at Emeyal-1, in Ogbia Local Government Area of Bayelsa State will become operational by the fourth quarter of 2026, the Nigerian Content Development and Monitoring Board (NCDMB) has reaffirmed. Towards the target date, the NCDMB is set to install a 2.5-megawatt Compressed Natural Gas (CNG) power plant…
Determined to build Nigerian workforce with practical skills for top careers in the local and international oil and gas industry, the Nigerian Content Development and Monitoring Board (NCDMB), in partnership with Chevron Nigeria Limited (CNL) and Bristow Helicopters Nigeria Limited (BHNL), has commenced a significant Human Capacity Development (HCD) programme aimed at developing a new generation…
The 9th edition of the NCDMB/NTA Science Quiz Competition for Secondary Schools in Bayelsa State came to a close on Wednesday at the Nigerian Content Tower (NCT) Conference Centre, Swali, Yenagoa, with Kaiama Grammar School, Kaiama, in Kolokuma/Opokuma Local Government Area, and Federal Government Girls College, Imiringi, Ogbia Local Government Area, clinching the top prizes,…
Heirs Energies Limited, Africa’s leading indigenous-owned integrated energy company, has been recognised on the global stage after its landmark US$750 million dual-tranche Senior Secured Reserve-Based Lending (RBL) facility was named Best Oil & Gas Deal of the Year at the EMEA Finance Project Finance Awards 2026. The award was presented on 3 June 2026 in…
Oritsemeyiwa Eyesan, the chief executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), says the 2026 oil licensing round will commence by the third quarter (Q3) of 2026, following approval by the minister of petroleum resources. Eyesan spoke on Wednesday when Meren Energy, formerly Africa Oil, visited the commission’s headquarters in Abuja. She said preparations…
Workers of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), under the aegis of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), have embarked on an indefinite nationwide strike over welfare and other administrative grievances. It was further learnt that the industrial action commenced after efforts to resolve welfare and administrative grievances failed,…
TotalEnergies SE’s oil trading activities generally earn the company about $2 billion per year, Chief Executive Officer Patrick Pouyanné said, a rare comment on the vast size of the oil trading operations of some of Europe’s majors. The comment comes as the company reported a 29% jump in its adjusted net income in the first…
The Dangote Petroleum Refinery & Petrochemicals has announced a fresh reduction in the ex-depot prices of Premium Motor Spirit (PMS) and Automotive Gas Oil (AGO). In a statement on Saturday, the company said the reduction reinforces its commitment to making refined petroleum products more affordable and supporting economic activities across Nigeria. Under the latest price…
The Nigerian Upstream Petroleum Regulatory Commission and the Nigerian Midstream and Downstream Petroleum Regulatory Authority have pledged deeper collaboration to eliminate regulatory uncertainties and strengthen investor confidence across Nigeria’s petroleum industry. The commitment followed a courtesy visit by the new Authority Chief Executive of the NMDPRA, Rabiu Abdullahi Umar, to the headquarters of the NUPRC…
