Category : Search result: oil and gas value chain


Local Content Key to Africa's Energy Future

Nigerian Content Development and Monitoring Board reveals how prioritizing local content is transforming Africa's energy sector and creating sustainable growth opportunities.

Nigeria Lost $300B to Oil Theft - Senate Probe

Shocking Senate probe exposes how Nigeria lost over $300 billion in crude oil revenues from Niger Delta region due to massive theft and pipeline vandalism over 10 years, threatening national economy.

FG Plans Refinery Sale to Boost Competition

The Federal Government is considering selling the country's struggling refineries to private investors as part of a comprehensive strategy to revitalize Nigeria's oil and gas sector, increase competition, and achieve energy self-sufficiency.

Ondo State Set for Multiple Refinery Projects

Ondo State is poised to become Nigeria's next energy hub as several companies finalize plans to establish refineries, creating thousands of jobs and transforming the regional economy.

$5B Funding for 500,000bpd Nigerian Refinery

In a groundbreaking development for Nigeria's energy sector, a Canadian company has secured $5 billion funding to complete a massive 500,000 barrels per day refinery project, promising to transform the nation's oil and gas landscape.

Activists oppose Nigeria oil decommissioning commission

Environmental groups in Nigeria are fiercely opposing a new bill that would establish a commission for decommissioning oil and gas installations, warning it could worsen pollution in the Niger Delta region.

OPEC Poised for Major Oil Production Increase

OPEC+ considers significant oil output hike as energy markets face mounting pressure from supply disruptions and geopolitical tensions. Key decisions expected in upcoming meeting.

China Suspends Rare Earth Export Controls to EU

Breaking: China makes unexpected decision to lift rare earth export restrictions to European Union, reshaping global supply chains and economic dynamics. Official confirmation reveals strategic trade shift.

G7 Moves to Counter China's Critical Minerals Dominance

World's wealthiest economies unite to counter China's dominance in essential minerals powering electric vehicles and clean energy technologies. Discover how this global shift could create new opportunities for Nigeria's mining sector.

Equinor's $251M Loss: Nigerian Oil Prices Plunge

Norwegian energy giant Equinor reports staggering $251 million quarterly loss as Nigerian crude prices tumble amid global market volatility. Discover how this impacts Africa's largest oil producer.

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