The Minister also stated that the country has the capacity to increase crude oil production to two million barrels daily and expressed his commitment to fostering...
The government through its interventions by requiring companies to disclose their significant owners, alongside other regulations helps reveal the true beneficiaries behind corporate entities, making it...
It described Qua Iboe as, “Light crude containing very low levels of sulfur, metals and asphaltic material; when refined will provide similar low sulfur specification products....
In the years to come, the successful implementation of this regulation has the potential to reshape the landscape of the Nigerian oil and gas industry. This...
Abbas said the House was aware of several efforts by past administrations to address the menace of crude oil theft with a number of task forces,...
NOSDRA lamented that despite efforts to reduce gas flaring, it has continued in Nigeria since the 1950s, releasing carbon dioxide and other gaseous substances into the...
He encouraged Iranian investors and oil companies to capitalise on the transparent and competitive market environment, leveraging the newfound stability in Nigeria’s oil and gas sector...
He said in a bid to reverse the highlighted negative narrations, achieve energy accessibility, afordability, and sustainability as a country that the 2021-2030 government legislation tagged...
Rising from the 49th Meeting of the Joint Ministerial Monitoring Committee (JMMC), which took place via videoconference, Friday, OPEC, stated: “The JMMC reviewed the crude oil...
He maintained that as a major contributor to climate change and environmental degradation, gas flaring has direct and indirect impacts on soil, water, and wildlife.