Nigeria and other African nations have expressed commitment toward the development of their 620 trillion cubic feet of proven gas reserves, targeted at bolstering energy security, industrialization and environmental sustainability.
Between 1999 and 2020, the federal government earned $741.48 billion from oil and gas sales, according to data from the Nigerian Extractive Industries Transparency Initiative (NEITI) but this hasn’t translated into much value for over 100 million poor Nigerians, indicating that the current emphasis to ramp up drilling must be backed by spending reforms.
The oil and gas industry is essential to solving current global energy challenges, including playing a “critical” role in scaling up renewable energy, Cop28 President-designate Dr Sultan Al Jaber has said.
LONDON, Oct 2 (Reuters) – Oil prices climbed $1 on Monday after suffering losses at the end of last week, as investors’ focus returned to a tight global supply outlook while a last-minute deal that avoided a U.S. government shutdown restored some risk appetite.
As Nigeria celebrates her 63rd independence anniversary, Chevron companies in Nigeria are proud of our partnership and contribution to the social and economic development of the country.
The 10th edition of the Nigeria Energy Exhibition and Conference after three days of engaging discussions and networking among over 7,000 local and international energy stakeholders from across the world has come to an end with stakeholders charting pathways to energy efficiency and sufficiency in West Africa.
Nigeria’s oil production has been declining, missing its OPEC quota and severely hobbling government finance
Energy Chamber of Trinidad & Tobago release
The Energy Chamber of Trinidad & Tobago warmly welcomes the signing of three deepwater production sharing contracts between the Government of Trinidad & Tobago and a consortium comprised of bp and Shell.
LONDON — British regulators on Wednesday gave approval for Norway’s energy giant Equinor
to develop the controversial U.K. offshore Rosebank field in the North Sea, just off the northwest coast of the Shetland Islands.
The Ghana Upstream Petroleum Chamber has held its 2023 Ghana Oil and Gas Conference.