Minister of State for Petroleum Resources, Timipre Sylva, yesterday said the high cost of crude oil production in the country often erodes net revenues from sales and depletes resources meant for development.

The $500 million Ikike project started yesterday after five months of its approval by the board of Nigerian National Petroleum Corporation (NNPC).

The Nigerian National Petroleum Corporation (NNPC), has charged International oil companies (IOCs), on the need to build human capacity to drive growth in the nation’s oil and gas industry, as this is the only way to domesticate what it achievable internationally.

Plans are underway by the Nigerian Content Development and Monitoring Board (NCDMB), in partnership with Oil Producers Trade Section (OPTS), to develop oil and gas industry marine vessel standards.

Plans are underway by the Nigerian Content Development and Monitoring Board (NCDMB), to initiate policies that will ease the participation of women in business activities in the oil and gas industry.

The Executive Secretary of NCDMB, Simbi Wabote, the Chairman of Chelsea Group, Patrick Chidolue, Chairman of NNG, Mr. Jimmy Ahmed, tournament defending champion, Julius Fadairo...

Nigerian Content Development and Monitoring Board (NCDMB), may approach the National Assembly in the coming weeks, to seek review of the Local Content Act 2010, to include other sectors of the nation’s economy, especially power....

The Nigerian Content Development and Monitoring Board, (NCDMB) has said the execution of Total Exploration and Production Nigeria's Ikike Field Development...

Nigerian Content Development Monitoring Board (NCDMB), and Danvic Petroleum International, has staked N610 million to improve seismic interpretation and geosciences in Nigeria.

107 Internally Displaced Persons (IPDs) have been trained in different crafts under the Fair Chance Initiative (FCI) of the Nigerian Content Development and Monitoring Board (NCDMB). The Board said the training programme was aimed at contributing to the rebuilding process of the region.A graduation ceremony to mark the end of three-month classroom training took place…

Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Simbi Wabote, yesterday, said about $160 million...

The Nigerian Content Development and Monitoring Board (NCDMB) is targeting creation of massive jobs through 80 business opportunities worth $100 billion in the oil and gas sector.