Tag:Oil and Gas

Business

Oil and gas: What lessons for Nigeria from Russia?

With over 200 trillion cubic feet (tcf), Nigeria has the largest gas reserves in Africa. It is ranked 9th globally. Given the nation's high dependence...

Michael Simire - January 3, 2024

Business

Energy stakeholders anticipate rapid oil-led economic growth in 2024

Some stakeholders in the oil and gas industry have projected a rapid economic growth for Nigeria in 2024, based on increased oil production for...

Michael Simire - January 2, 2024

Sustainable Devpt

Reps committees pledge legislations on environmental degradation, stability in oil and gas sector

The House of Representatives Committee on Environment has pledged to address environmental degradation through legislation and policy review. Chairman of the committee, Rep. Julius Pondi...

Michael Simire - December 12, 2023

Business

Nigeria to increase oil output to 2m bpd by December

The Federal Government of Nigeria says it is targeting to increase crude oil production to two million Barrels Per Day (bdp) and beyond by...

Michael Simire - October 13, 2023

Business

Nigeria needs $25bn annually to achieve 4mb/d oil output, 3bcf/d domestic gas production – Avuru

Executive Chairman of AA Holdings, Austin Avuru, has stated that Nigeria will need about $25 billion of annual investment in the next 10 years...

Michael Simire - October 8, 2023

Human Welfare

Edo oil producing community seeks end to oil and gas extractions

The people of indigenous Gele Gele Community in Edo State in Nigeria have called for an end to oil and gas exploration in their...

Michael Simire - October 5, 2023

Business

Houston to invest in Nigeria’s energy, oil and gas sectors

Houston, Texas, USA has expressed readiness to invest in the Nigeria’s energy, agriculture, technology and oil and gas sectors. Mr Sylvester Turner, the Mayor of...

Michael Simire - July 18, 2023

Business

TotalEnergies makes oil, gas discovery in Nigeria offshore OML 102

TotalEnergies has discovered oil and gas at the OML 102 offshore oilfield in Nigeria, the French company said on Tuesday, June 13, 2023. Dr Charles...

Michael Simire - June 13, 2023

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