These are features of Oil and gas, industrial and other relevant news
More Transparency in NNPC Opens Bid for the Sale of 26 grades of Nigeria Crude Oil in the full glare of the public. The new wave of openness and transparency pervading the operations of the Nigerian National Petroleum Corporation (NNPC) received fresh impetus on Tuesday with the public harvesting of 278 bids submitted by indigenous…
Know About the World Biggest Oil and Gas production company- Saudi Aramco In 1944, Saudi Arabia and four American oil producers jointly founded what they called Aramco, short for Arabian-American Oil Co. Earlier, the business had been called California-Arabian Standard Oil Co. In 1980, the Saudi government nationalized it and changed its name first to…
Sub-Saharan Africa Needs to Do a Rethink in Taxes-Wood Mackenzie Revisions to how oil and gas companies are taxed may be needed to unlock sub-Saharan Africa’s 48 billion barrels of already-discovered oil, according to the findings from a new study by consulting firm Wood Mackenzie. The findings, released on Wednesday to coincide with Cape Town’s…
Nigeria Signs N197 Billion Deal for Digital Migration THE march towards the 2017 date for Nigeria’s migration from analogue to digital switchover (DSO) got a boost yesterday, with the signing of a Memorandum of Understanding (MoU) between Media Concepts International (MCI) and a South Korean firm, KAON, for establishment of a plant in the country….