Saturday, 27th November 2021
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IOCS

21 Nov
The Federal Government yesterday raised hope for more investment in the upstream sector of the nation’s petroleum industry just as it reiterated that there would be no increase ...
17 Nov
The Executive Secretary, Nigerian Content Development Monitoring Board (NCDMB), Simbi Wabote, has said only Total Energies E&P Nigeria Limited has kept faith with the Nigerian oil and gas industry’s in-country..
17 Nov
The Executive Secretary, Nigerian Content Development Monitoring Board (NCDMB), Simbi Wabote, said only TotalEnergies E&P Nigeria Limited has kept faith with the Nigerian Oil and Gas Industry in-country investment agreement in the last 10 years.
29 Oct
The Pan Niger Delta Forum (PANDEF) and some stakeholders in the host communities have said the relocation of international oil companies (IOCs) to Niger Delta region was loverdue.
6 Jul
The Nigerian Content Development and Monitoring Board (NCDMB), yesterday, raised concern over the export of oil and gas projects to China.
23 Jun
A day after a Federal High Court sitting in Abuja ordered the Federal Government to pay $951 million to the Bayelsa State government as arrears of the 13 per cent derivative sum due to the state...
21 May
The Pan Niger Delta Forum (PANDEF) has commended the board and management of the Nigeria Liquefied Natural Gas (NLNG) for siting its corporate headquarters in Port Harcourt, Rivers State, urging other companies to follow suit.
21 Apr
The Pan-Niger Delta Forum (PANDEF) and South-South Elders’ Forum have berated Minister of State for Petroleum, Timipre Sylva, for saying that International Oil Companies (IOCs) cannot relocate to the Niger Delta region due to insecurity and violence.
22 Feb
HOST Communities Producing Oil and Gas in Nigeria (HOSTCOM) has tasked international oil companies (IOCs) to make specific commitment to end gas flaring in the country.
16 Feb
The Nigerian Content Development and Monitoring Board (NCDMB) has charged International Oil Companies (IOCs) not to allow the non-passage of Petroleum Industry Bill (PIB) to deter them from embarking on new projects.
20 Sep 2020
Before the enactment of the Nigerian Oil and Gas Industry Content Development (NOGICD) Act 2010, also known as the Nigerian Content Act, most operations in the nation’s oil and gas space were executed by International Oil Companies (IOCs).
12 Jun 2020
Stakeholders have raised concerns over the country’s production costs, noting that Nigeria has the highest personnel cost among global operators, thus making it difficult to produce oil at a profitable price of below $10/barrel.

Latest

51 mins ago
The bodies of three people have been discovered in a burnt-out building in the Solomon Islands capital Honiara, police said Saturday
1 hour ago
The Nigeria Medical Association (NMA) on Friday urged the Federal Government to establish a Health Bank to support investment
1 hour ago
APC Chairman in Plateau, Mr Rufus Bature has condemned the renewed cycle of attacks on unsuspecting people of Ta’agbe in Miango District of Bassa Local Government of the state.
1 hour ago
Australia banned flights from nine southern African countries on Saturday, tightening its borders to prevent the entry of the new Covid-19 Omicron variant.
1 hour ago
The Federal Airports Authority of Nigeria (FAAN) says it has suspended some officials for allegedly extorting a passenger