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Chevron MD highlights imperatives for Nigeria Oil and Gas Industry at NOG 2021

Chairman and Managing Director, Chevron Nigeria Limited (CNL), Mr. Rick Kennedy, has identified low carbon emissions, gas development, effective industry policies, collaboration for cost reduction, and digital technology/innovation as strategic imperatives for fortifying the Nigerian oil and gas industry for economic stability and growth. Rick gave this indication on Wednesday, …

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NNPC commits to ensuring energy sufficiency, wealth creation for Nigerians

The Nigerian National Petroleum Corporation (NNPC) has reiterated its commitment to ensuring effective stewardship of the nation’s hydrocarbon resources to guarantee energy security and drive wealth creation in Nigeria. The Group Managing Director of NNPC, Mallam Mele Kyari, made this assertion while delivering the keynote address at the 2021 Nigeria …

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Emefiele pledges better deal for Nigerian SMEs at UNILAG’s Convocation Lecture

By Lydia Ngwakwe Lagos, July 5, 2021 The Governor, Central Bank of Nigeria (CBN), Mr Godwin Emefiele, says the bank will increase its development finance interventions to further support start-ups and Small and Medium Enterprises (SMEs) in the country. Emefiele made the pledge while delivering the 51st Convocation Lecture of …

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NNPC, Partners to rake in over $760million revenue from OML 130 Gas Supply Agreements

The Nigerian National Petroleum Corporation (NNPC) and its partners in the Oil Mining Lease (OML 130) Production Sharing Agreements (PSA) and Production Sharing Contract (PSC) are set to earn over $760m from fresh Gas Supply Purchase Agreements (GSPAs) and Gas Entitlement Agreement (GEA) executed Thursday at the NNPC Towers. The …

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