‘Why gas remains untapped in Nigeria despite huge reserves’
Uncertainties around changes in fiscal framework, local community crisis, mismatch in currency (gas revenue in Naira versus costs in United States Dollar), and Domestic Supply Obligation (DSO) gas pricing constraints have been identified as prevailing challenges ...
Your investments are safe in Nigeria, Buhari tells foreign investors
President Muhammadu Buhari has reassured international investors that their investments in Nigeria are safe. Buhari gave the assurance at the ongoing Nigeria International Petroleum Summit (NIPS) in Abuja
Operators now leveraging cost-effective, sustainable oil production approach
James Shindi is the Chief Executive of Brevity Anderson, organisers of the annual Nigeria Petroleum International Summit (NIPS). In an interview with the Head of Energy & Solid Minerals Desk, STANLEY OPARA, he speaks on the fate of the oil/gas industry in the current election year, the PIGB and NIPS. Excerpts; Giving the fact that…
'Nigeria has capacity to increase oil reserves to 40bn barrels'
Chief Executive of Brevity Anderson, organisers of the yearly Nigeria Petroleum International Summit (NIPS), James Shindi, has said Nigeria has the capacity to upscale its proven oil reserves to 40 billion barrels within the next few years. Speaking ahead of the forthcoming NIPS 2019 conference and exhibition scheduled to start from January 27; Shindi said…
African oil ministers, OPEC, others, to headline NIPS 2019
As a demonstration to the pledges made at the maiden edition of the Nigeria International Petroleum Summit (NIPS) held earlier in the year in Abuja, over 20 African oil ministers and various heads of delegation including members of the Organisation of Petroleum Exporting Countries...
Buhari says Nigeria ready to provide leadership for Africa in oil, gas
President Muhammadu Buhari says Nigeria is open to investments and ready to provide leadership for Africa in oil and gas.
Nigeria attracts oil, gas investors through petroleum summit
The Nigerian International Petroleum Summit (NIPS), an African Petroleum Technology and Investment Conference, is expected to attract new investors into the region’s oil and gas industry.