FG generates N200bn, $7m from 161 marginal oil fields licences
Abuja - The Nigerian Upstream Petroleum Regulatory (NUPRC) says the 2020 marginal field bid round exercise generated about N200 billion ...
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Tag: Oil
NNPCL nets N1. 7trillion from crude oil sales in one year
Abuja - Nigerian National Petroleum Corporation (NNPC) said it made N1.7trn from crude oil sales in one year. The NNPC ...
Dangote Cement to empower local communities in its Alternative Fuel Project value chain
Lagos - As a business continually driving values for its stakeholders, Dangote Cement is to empower stakeholders in the value ...
P/Harcourt refinery will resumes operation next year – Sylva
Port Harcourt refinery will resume operation next year according to the Minister if state for petroleum, Timipire Sylva
Replacing Russian Oil Will Be “Nearly Impossible” – OPEC tells EU
OPEC says moves by EU to replace Russian oil is almost impossible
Nigeria’s Crude Oil Production Dropped To 1.354m bpd In March – OPEC
Nigeria's crude oil production dropped in March
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 ...
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 ...
Seplat Energy acquires assets of Mobil Producing Nigeria for $1.28 billion
By Chidinma Anyalewech Lagos - Seplat Energy Plc has announced an agreement to acquire the entire share capital of Mobil ...
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