Nigeria misses OPEC quota, produces 1.38m bpd in March
In its March 2026 Monthly Oil Market Report (MOMR), OPEC stated that the figures were based on data obtained through direct communication with Nigerian authorities.
Nigerian oil firm bags ISO 9001:2015 certification
Nigerian oil and gas servicing company, KTS Oil & Gas Services Limited has received the International Organization for Standardization (ISO) Quality Management System certification, otherwise known as ISO 9001:2015 Standards Certification.
Oil bidding: NUPRC to enhance sale, operations of 19 oil blocks
“The focus of the bid will be on technical and final capacity to proceed to the field on work programs, after awards while hitherto signature Bonus has been dropped to a token and replaced with Production Bonus.”
Minister, NUPRC, others woo investors as OTC opens in Houston, Texas
The Minister of State for Petroleum Resources (oil), Senator Heineken Lokpobiri, has urged the global community to invest in Nigeria as the 2024 Offshore Technology Conference, OTC, opens in Houston, Texas, USA.
Electricity: NERC reduces Band A tariff by 8% to N206.8/kWh
The Nigerian Electricity Regulatory Commission, NERC, Monday, announced an eight percent reduction on electricity tariff paid by customers in Band A from N225/kWh to N206.8/kWh.
Just in: PETAN members, others consider bidding for Nigeria’s oil blocks
“The focus of the bid will be on technical and final capacity to proceed to the field on work programs, after awards while hitherto signature Bonus has been dropped to a token and replaced with Production Bonus.”
