Oil and Gas

Seplat Acquires Exxonmobil Equity for $1.2bn

Seplat Energy Plc has announced the acquisition of ExxonMobil stakes in assets in Oil Mining Lease(OML) 67, 68,70, and 104…

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FG sets to improve oil production amidst crude price increase……..Minister

The Minister of State for Petroleum Resources, Chief Timipre Sylva, says the Federal Government is deepening effort to spur oil…

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NNPC’s revenue dropped by 9.07% in June

The Nigerian National Petroleum Company (NNPC) Limited disclosed on Saturday that its revenue for the month of June, 2021 stood…

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Yuletide: Fuel scarcity looms as FG, Marketers fight over N50bn bridging claim

By Oluwaseun Ayodeji As Christmas and New year celebration approach, petroleum marketers under the aegis of Northern Independent Petroleum forum…

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Quit notice on BUA refinery aims at drawing Management attention…..EPU, Stakeholders

By Assam Abia. The Ekid People’s Union, EPU, in an exigency stakeholders meeting held at the palace of the Paramount…

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Breach of Agreement: Community shut down Agip Station In Delta

Tuomo community, host to Nigeria Agip Oil Company, NAOC, in Burutu local government area of Delta state, has shut down…

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                                                                                                                                      EFCC, Navy Reaffirm Commitment to Fight Oil Theft

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NNPC starts 50MW gas plant construction in Borno

The Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Mele Kyari, on Thursday said the Maiduguri and Environs Emergency Power…

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Why Nigeria wants 20% equity in Dangote refinery – NNPC GMD

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari, has said the decision to buy 20…

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Reps accuse PPPRA of doctoring revenue documents

The House of Representatives Committee on Finance has accused the Petroleum Products Pricing Regulatory Agency (PPPRA) of doctoring revenue documents.…

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