Oil and Gas
Quit phasing out oil and gas across the world, reset strategy that focuses on reducing emissions – Saudi Aramco CEO
The world should give up on the idea of phasing out oil and gas as energy transition is failing, Saudi Aramco CEO, Amin...
Tantita Security Ltd. intercepts another crude-laden vessel in Niger Delta
A government-licenced private security outfit, Tantita Security Services Limited, in a joint operation with the Nigerian Navy, says it has intercepted another illegal...
Whopping $18bn to be pumped into Nigeria’s oil and gas sector — Wunti
The Chief Upstream Investment Officer of the NNPCL Upstream Investment Management Services (NUMIS), Mr Bala Wunti said at the 22nd edition of the...
Oil theft: FG, multinationals must secure nation’s pipelines — Ikpea
Worried by the loss of billions of dollars to crude oil theft in the country, an engineering firm has asked the Federal Government...
I have received several death threats from oil thieves, GCEO of NNPCL, Kyari, raises alarm
The Group Chief Executive Officer of the Nigerian National Petroleum Company Ltd, Mr Mele Kyari, has raised the alarm about potent threats to...
Nigeria boasts of abundant natural gas to meet European gas demands, says Sylva
The Minister of State for Petroleum Resources, Chief Timipre Sylva, has called on the U.S. Government to support the funding of natural gas...
NNPC: Safeguarding Nigeria’s Oil Assets Through Pre-Emptive Rights
By definition, a preemptive right gives an existing shareholder the opportunity to buy a proportional interest of any future issuance of common...
Global Energy Crises: Kyari, At World Petroleum Congress, Calls For More Oil & Gas Investments
The Group Managing Director of the Nigerian National Petroleum Company Ltd, Mr Mele Kyari says more investments are needed in the oil...
International oil companies must pay the $4bn owed NDDC, says Akpabio
…East-West road will be ready for inauguration in 2022 International oil companies (IOCs) will be made to pay back the $4 billion...
NNPC nets ₦43.57bn surplus in April, about N8bn higher than in March
The Nigerian National Petroleum Corporation (NNPC) has announced a trading surplus of ₦43.57 billion in April 2021 representing a 23.64 per cent...
NOGOF2021: Beyond $5bn NLNG projects, NCDMB to unveil 22 operators with multi-billion dollar opportunities”
Local content making us to look inwards to develop our local capability About $5 billion worth of NLNG projects have been unlocked in...
Oil mining lease: NNPC, SEEPCO sign gas development agreement, unlock 1.2 trillion cubic feet of gas
The Nigerian National Petroleum Corporation (NNPC) gas development and commercialization programme received a boost Thursday with the signing of the Oil Mining Lease...
NNPC pushes out 1,661 petrol-laden trucks daily to tackle queues in Abuja, others
The Nigerian National Petroleum Corporation (NNPC) says it has increased the daily supply of Premium Motor Spirit (petrol) across the country from 550...
In Defense of Refineries’ Rehabilitation
By Alexander Adejoh Mixed reactions have continued to trail the move by the federal government to rehabilitate the Port-Harcourt Refining Company (PHRC). The...
Schneider Electric inaugurates new products centre in Nigeria’s oil and gas hub, Southsouth
In its bid to ensure easy access to its products across the country, energy management giant, Schneider Electric, has inaugurated a distribution...
Downstream deregulation will facilitate local refineries, efficiency in oil and gas value-chain — Kyari
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, says the deregulation of the downstream sector of...
