Tag: #OilIndustry
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OIL, GAS LEADERS BACK REFORMS, STRONGER LOCAL CONTENT TO DRIVE GROWTH
Nigeria’s oil and gas industry leaders have identified policy stability, investment incentives and stronger local content implementation as key to sustaining growth in the sector. They spoke on Tuesday during a panel session at the ongoing Society of Petroleum Engineers (SPE) conference in Lagos. Executives from Chevron Nigeria, TotalEnergies, NNPC Engineering and Technical Company (NETCO)…
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NUPENG, PENGASSAN STRONGLY OPPOSE FG’S PLAN TO SELL JV OIL ASSETS, PIA AMENDMENTS
Unions warn selling stakes risks Nigeria’s oil future and economic stability. NUPENG and PENGASSAN condemn the Federal Government’s move to sell its Joint Venture oil assets, calling it a threat to NNPC Ltd. and Nigeria’s economy. They also reject changes to the Petroleum Industry Act that remove petroleum ministry’s control over NNPC. Leaders urge focus…
