OIL & GAS

OIL & GAS

Nuhu Ribadu
COVER NEWSLETTER OIL & GAS

Nuhu Ribadu, pioneer chairman of the Economic and Financial Crimes Commission (EFCC), says no one has become an oil billionaire since President Muhammadu Buhari became minister of petroleum. ...
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Vitol
COVER OIL & GAS

Oil trader, Vitol, has quit a consortium that was set to buy a stake in two Nigerian oil fields from Brazil’s Petrobras its former partner said at the ...
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Obaseki
COVER NEWSLETTER OIL & GAS

The Edo State Governor, Mr. Godwin Obaseki, has flayed the incessant oil theft in the Niger Delta, bemoaning the loss of about 22 million barrels of crude oil ...
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OML 119
COVER NEWSLETTER OIL & GAS

Fourteen firms have submitted funding and technical services bids for the Oil Mining Lease (OML) 119, a twin offshore block operated by the upstream subsidiary of the Nigerian ...
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Mele Kyari
COVER OIL & GAS

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kolo Kyari is set to address effective economic growth of the nation and Africa at ...
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Conoil
COVER NEWSLETTER OIL & GAS

Petroleum products marketing firm, Conoil Plc has reported a profit after tax (PAT) of N1.7 billion for the nine months ended September 30, 2019, showing an increase of ...
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Chevron
COVER NEWSLETTER OIL & GAS

The international oil companies (IOCs) operating in the country may have continued the wave of divestments of their oil and gas assets as Chevron is said to be ...
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OPEC
COVER NEWSLETTER OIL & GAS

The Secretary-General of the Organisation of Petroleum Exporting Countries (OPEC), Dr. Mohammad Barkindo, has disclosed that trade relations between member countries and China have continued to blossom over ...
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Oando
COVER NEWSLETTER OIL & GAS

Oando Plc has announced its unaudited results for the third quarter ended September 2019, which showed that its profit after tax increased by 26 percent to N13.1 billion, ...
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Nigeria
COVER NEWSLETTER OIL & GAS

House considers the bill today Nigeria is projected to earn an additional income of $1.4 billion annually from oil majors if the bill seeking the amendment of the ...
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NNPC
COVER NEWSLETTER OIL & GAS

Nigeria and Russia Thursday in Sochi, Russia, signed an important Memorandum of Understanding (MoU), which will enable both countries’ oil giants, Nigerian National Petroleum Corporation (NNPC) and Russia’s ...
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CBN
COVER NEWSLETTER OIL & GAS

Corporate bodies fueling corruption in host countries, says Malabu oil deal prosecutor Nigeria’s crude oil production, including condensates and natural gas liquids, stood at 1.93mbpd or 59.83 million ...
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Crude Oil
NEWSLETTER OIL & GAS

Marketers of petroleum products in the country have agreed to work towards improving industry reputation as captured in the new Nigerian Corporate Governance Code 2018. Such areas include ...
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Siemens
OIL & GAS

Siemens Limited Nigeria (SLN) has deepened its commitment to enhancing local content in Nigeria’s oil and gas sector through the provision of innovative equipment, deployment of technology and ...
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Aiteo
LEGAL OIL & GAS

A Port Harcourt -based firm, Charlietam International Services Limited, has filed a winding-up procedure at the Federal High Court, Lagos against Aiteo Eastern Exploration and Production Company Limited, ...
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Onitsha tanker fire
COVER OIL & GAS

About 48 hours after petrol tanker accident resulted in a fire disaster at Upper Iweka and Ochanja areas of Onitsha, another petrol tanker caused yet more damage early ...
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Petrol subsidy
COVER NEWSLETTER OIL & GAS

Admits subsidy payment is inflated Says oil discovered in commercial quantity in Bauchi The Minister of State for Petroleum, Timipre Sylva, has said the federal government is not ...
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Crude Oil
COVER NEWSLETTER OIL & GAS

The Nigerian Association of Petroleum Explorationists (NAPE) has warned that the reduction in hydrocarbon exploration and steady depletion of the oil reserves will drive Nigeria into risks of ...
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Petrol subsidy
COVER NEWSLETTER OIL & GAS

The Minister of State for Petroleum, Mr. Timipre Sylva has said that Nigeria knows that it cannot recover $62 billion from oil majors despite ongoing cases against the ...
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Petrol Tanker
COVER NEWSLETTER OIL & GAS

A petrol tanker has exploded in the upper Iweka axis of Onitsha in Anambra state after falling off its lane, killing a woman and her child in the ...
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