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Atiku
NEWSLETTER OIL & GAS
Alhaji Atiku Abubakar, Presidential Candidate of PDP, has made clear again that he would privatise the Nigerian National Petroleum Corporation (NNPC) even if it cost him his life. ...
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NNPC
NEWSLETTER OIL & GAS
The Nigerian National Petroleum Corporation (NNPC) has raised an alarm on the increasing incidents of pipeline vandalism across the country. NNPC said that in October last year its ...
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MOB Integrated
OIL & GAS
Petroleum marketing company in Lagos, MOB Integrated Services Limited, is now the largest supplier of Liquefied Petroleum Gas (LPG) in West Africa, delivering over 25,000 metric tonnes (MT) ...
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NNPC
OIL & GAS
The Nigerian National Petroleum Corporation (NNPC) said it is set to implement effective commercial framework that would halt the export of propane and butane which are major components ...
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DPR Office Building
OIL & GAS
The Department of Petroleum Resources (DPR) has urged owners of illegal petrol stations and gas plants to regularize their registration before the end of first quarter of 2019. ...
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Qua Iboe
COVER POWER & ENERGY
About $1.7bn will be invested by foreign investors in the Qua Iboe Power Project in Akwa Ibom State. The Governor of Kano State, Abdullahi Ganduje, gave the figure ...
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PPPRA
COVER NEWSLETTER OIL & GAS
Integrity Of Subsidy Payment Suspect Scheme Hits N62 Per Litre  Stakeholders Deplore Opaque Regime, Demand Urgent Explanation Condemn NNPC’s Hijack Of PPPRA’s Role, Workers Fear Job Loss A ...
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Oil
COVER OIL & GAS
Oil cargoes departing from Nigeria to the United States fell to 103,000 bpd in December, down by 48,000 bpd, new data show. Generally exports by OPEC nations to ...
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NNPC
NEWSLETTER OIL & GAS
The Nigerian National Petroleum Corporation (NNPC) has so far paid $1.5 billion out of the negotiated $5.1 billion joint venture (JV) cash call debt it owes International Oil ...
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NNPC
COVER NEWSLETTER OIL & GAS
Nigeria’s crude oil daily production recorded an upward swing of about 2.09 million barrels in 2018, translating to a 9 per cent increment, compared with the 2017 average ...
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SPDC
NEWSLETTER OIL & GAS
Shell Petroleum Development Company of Nigeria Limited (SPDC) has  announced the Final Investment Decision (FID) on the Assa North Gas Development Project in Imo State. At peak production, ...
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COVER NEWSLETTER OIL & GAS
The Nigeria Extractive Industries Transparency Initiative (NEITI) says that total financial flows from Nigeria’s oil and gas sector reduced to 17.05 billion dollars in 2016, indicating a 31 per cent ...
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investment
BUSINESS & ECONOMY COVER NEWSLETTER
The Minister of Finance, Mrs. Zainab Ahmed, Thursday said the total funds released for the implementation of capital projects across the country would hit N1.1 trillion by the ...
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Oil
NEWSLETTER OIL & GAS
Says Reserves depletion rate now 1.93% If new crude oil discoveries are not made to add to Nigeria’s current reserves of 36.971 billion barrels (bbls), the country will ...
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Uncategorized
Brazil’s epic “Car Wash” corruption investigation has extended to four of the world’s largest oil trading companies – Vitol SA, Trafigura, Glencore PLC and Mercuria Energy Group. And ...
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NNPC
OIL & GAS
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Maikanti Baru, has attributed the increase in Nigeria’s oil production output in the Niger Delta to the ...
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NNPC
COVER OIL & GAS
The Nigerian National Petroleum Corporation on Monday said that Nigeria will not encounter a scarcity of Premium Motor Spirit, popularly known as petrol, this season regardless of the ...
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NNPC
COVER OIL & GAS
Oil marketers in Nigeria have given the Federal Government a seven-day ultimatum to settle outstanding debts totaling N800 billion, failing which depots would cease operation across the country. ...
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Gas Flare
FEATURES
Thirty metre high flames burn day and night in the village of Ebedei, in the Niger Delta, Nigeria. The heat from these fires is not soft or warm, ...
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BANKING & FINANCE COVER OIL & GAS
A report by the Financial Times Thursday stated that most of Nigeria’s commercial banks have their fortunes tied to fluctuations in global oil prices considering that about a ...
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