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  • Updated: May 08, 2022

Latest Oil & Gas News Roundup For May 1 - May 8, 2022

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Lawrence Agbo
Lawrence Agbo

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Welcome to the AllNews roundup of the latest Oil & Gas News that made the round last week.

Two FG Agencies Collaborate To Complete Training Centre For Oil, Gas Industry

A collaboration is ongoing between the Petroleum Technology Development Fund (PTDF) and the Nigerian Content Development Monitoring Board (NCDMB) to ensure the completion of the former’s Centre of Excellence.

The Centre for Skills Development and Training is located in Port Harcourt. Read more here.

AKK Project To Stimulate Gas Infrastructural Development In Nigeria – Expert

The contractor for the ongoing Ajaokuta-Kaduna-Kano (AKK) gas pipeline project, Oilserv Ltd., claims that the project will boost gas infrastructure development and industrialization in Nigeria.

This was said by Emeka Okwuosa, Chairman of Oilserv Ltd., in an interview in Abuja on Tuesday. Read more here.

Expert Urges FG To Engage Professionals In Power, Oil, Gas Sectors

The Managing Director, Ariboil Company Ltd., Stephen Aribeana, has urged the Federal Government to engage the right expertise to solve the challenges confronting the power, oil and gas sectors in the country.

Aribeana, one of the exhibitors at the ongoing 2022 Offshore Technology Conference (OTC), made the call in an interview on Tuesday in Houston, Texas, United States. Read more here.

Ukraine Conflict Causing Huge Volatility For Energy Market, Says OPEC

The Organisation of the Petroleum Exporting Countries (OPEC) said that the ongoing war by Russia in Ukraine is causing huge volatility in the global energy market.

OPEC Secretary-General, Mohammad Barkindo made the assertion while speaking at the virtual 62nd Meeting of the Joint Technical Committee (JTC) on Wednesday. Read more here.

OPEC Raises Nigeria’s Production Quota To 1.772Mbpd For June

The Organisation of the Petroleum Exporting Countries (OPEC) has raised Nigeria’s oil production quota from the 1.735 million barrels per day (mbpd) target approved in May 2022 to a new target of 1.772mbpd for June 2022.

A statement issued on Thursday said OPEC took the decision at its 28th OPEC and non-OPEC Ministerial Meeting despite Nigeria missing its approved target for April 2022 by 40,000bpd. Read more here.

These are the latest Oil & Gas news that made trends during the week. Visit our website https://allnews.ng for more Oil & Gas news around the world.


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Lawrence Agbo
Lawrence Agbo

Lawrence is a vibrant journalist that loves creating SEO-focused content that drives businesses. ...

More From this Author


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