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Oil and gas sector generated $17.05 bn in 2016 – NEITI

Oil and gas sector generated $17.05 bn in 2016 – NEITI

According to the NEITI 2016 Oil and Gas Industry Audit Report, the plunge in revenue in 2016 resulted from low oil prices in the global market and reduced oil production in Nigeria. Uche Usim, Abuja The oil and gas sector of the Nigerian economy generated $17.05 in 2016, the latest report of the Nigeria Extractive […]
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Buhari administration hails oil and gas sector reforms at book launch

Buhari administration hails oil and gas sector reforms at book launch

“Oil and gas sector is very important in Nigeria’s growth. We should tackle the challenges in the sector to harness its potential.” Uche Usim, Abuja President Muhammadu Buhari on Thursday hailed various reforms carried out in the petroleum industry as being responsible for purpoted improvements in the sector. This is as the Minister of State, […]
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Greenville inaugurates $500m LNG plant to bridge power supply gap

Each LNG truck has the capacity to generate about five megawatts of electricity which would go a long way in addressing the country’s power deficit. Adewale Sanyaolu Greenville Oil and Gas Limited has inaugurated a $500 million Liquified Natural Gas (LNG) Plant in a bid to assist the country boost its electricity generation and supply. […]
The post Greenville inaugurates $500m LNG plant to bridge power supply gap appeared first on The Sun Nigeria. …

2019: Presidential aspirants to debate plans for oil and gas sector

2019: Presidential aspirants to debate plans for oil and gas sector

Presidential aspirants in the 2019 elections will on Wednesday debate their plans and programmes for Nigeria’s oil and gas sector. The debate being organised by OrderPaper Advocacy Initiative (OAI) will
The post 2019: Presidential aspirants to debate plans for oil and gas sector appeared first on TheCable. …

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