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Oil & Gas
Join fight against illegal oil refining, expert tells governors of oil producing states
By Kehinde Akinpelu Kwara - A retired Deputy Director of the now-defunct Department of Petroleum Resources, Engineer Sunday Adebayo Babalola,...
Petrol subsidy : We will deduct N242 billion from federation account this month – NNPC
Abuja - The Nigerian National Petroleum Company Limited (NNPCL) is to deduct N242.53bn as subsidy on Premium Motor Spirit, popularly...
Explosion: Nigeria’s crude oil production drops by 25,000 barrels daily
Abuja - Crude oil production in Nigeria has reduced by 25,000 barrels per day following a blast recorded at Brass...
AKK gas pipeline project 73% completed – NNPC
By Moses Kolo The Ajaokuta-Kaduna-Kano Natural Gas Pipeline Project (AKK), has reached 73.3 per cent completion stage, according to Mr...
Dangote Refinery will end perennial fuel crisis in Nigeria – Ahmed
By Kola Adeyemi Kaduna - Dangote Group’s Executive Director , Engr. Mansur Ahmed has assured Nigerians that the upcoming Dangote...
NNPC Cancels ExxonMobil’s $1.6bn Assets’ Sale To Seplat
Abuja - The Nigerian National Petroleum Company Ltd has opted to exercise its right of first refusal as contained in...
Nigeria’s gas reserve hits 209.5 TCF – NMDPRA
Abuja - The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says Nigeria’s proven natural gas reserve has risen to...
NNPC, Dangote, Shell others sign gas supply deal
By Emmanuella Anokam The Nigerian National Petroleum Company (NNPC) Limited on Wednesday sealed a deal with partners on gas aggregation...
Oil-producing states receive N448 billion in 2021
Abuja - Oil-producing states in Nigeria received N448.67 billion as part of their 13% oil derivatives for the year 2021,...
Why Shell, Mobil , other oil majors are selling assets, leaving Nigeria – NNPC
Abuja - International oil companies are leaving Nigeria and shifting their portfolios to where they can add value to the...
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