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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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NNPC
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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Egbin
COVER NEWSLETTER POWER & ENERGY
Nigeria may soon wriggle out of incessant power outage as the federal government, in collaboration with some international donor agencies, has set aside over $1.61 billion to ensure ...
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NNPC
COVER NEWSLETTER OIL & GAS
The Group Managing Director of the Nigeria National Petroleum Corporation (NNPC)  Malam Mele Kyari has reiterated his commitment to ensuring transparency and accountability in the operations of the ...
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Eni
COVER NEWSLETTER OIL & GAS
Crude oil prices rise on US, China trade deal Barely three years after the United States energy major, ExxonMobil, made a huge discovery of hydrocarbon in the Wowo ...
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DPR
COVER OIL & GAS
The Adamawa office of the Department of Petroleum Resources (DPR) has commenced the sealing off of illegal filling stations in the state. The exercise, which commenced on Thursday, ...
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NNPC
OIL & GAS
The Nigerian National Petroleum Corporation (NNPC) has advised motorists and other petroleum products consumers to disregard trending rumour of a planned hike in the pump price of Premium ...
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DAPPMA
COVER OIL & GAS
The Depot and Petroleum Products Marketers Association (DAPPMA) has said that no member of the association has accessed foreign exchange at N305/USD$1 since October 2017. This is coming ...
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Aiteo
COVER OIL & GAS
The Managing Director, Aiteo Eastern Exploration and Production Company, Mr. Victor Okoronkwo,  believes that building a good relationship with the host communities is critical to securing the company’s ...
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NNPC
OIL & GAS
The Nigerian National Petroleum Corporation (NNPC), yesterday, defended its role in the importation of Premium Motor Spirit (PMS), otherwise known as petrol, noting that its intervention has helped ...
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Nigeria's Owns 2.2 percent of World Oil Reserves
COVER OIL & GAS
The Group Managing Director, Nigeria National Petroleum Corporation (NNPC), Dr. Maikanti Baru, on Tuesday, said that Nigeria holds about 2.2 per cent of the global oil reserves. Baru ...
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NNPC
OIL & GAS
The Benue State government yesterday assured the management and staff of the Nigeria National Petroleum Corporation (NNPC) of the security and safety of its staff as they begin ...
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Buhari
COVER OIL & GAS
President Muhammadu Buhari has appointed Dr. Thomas M.A. John as the Acting Alternate Chairman of the Nigerian National Petroleum Corporation (NNPC) Governing Board. A statement by the Group ...
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NNPC
COVER OIL & GAS
The nation’s crude oil reserves dropped by 481 million barrels to 36.972 billion barrels in 2018, according to a news report by the Organisation of Petroleum Exporting Countries. ...
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Crude Oil Prices
COVER NEWSLETTER OIL & GAS
The fundamentals of the 2019 budget are under threat as crude oil price slumped again yesterday to flatten at $60 per barrel, the same benchmark on which the ...
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CBN
BUSINESS & ECONOMY COVER NEWSLETTER
The federal government’s non-oil revenue increased by 28.7 per cent to N322.93 billion in April, higher than the N251.01 billion recorded the previous month. But at N322.93 billion ...
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Pan Ocean
OIL & GAS
Pan Ocean Oil Corporation, operator of the Nigerian National Petroleum Corporation (NNPC) Pan Ocean Joint Venture is set to unveil the 67-kilometre 160,000 barrels of oil per day ...
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Reps
BANKING & FINANCE COVER NEWSLETTER
The House of Representatives yesterday alleged that the sum of $995.71 million was yet to be remitted to the treasury single account (TSA) by deposit money banks (DMBs) ...
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Nigeria's Owns 2.2 percent of World Oil Reserves
NEWSLETTER OIL & GAS
Nigeria needs to grow local refining capacity to 1.52 million barrels per stream daily (BPSD) to meet the need of premium motor spirit (PMS), the Nigerian National Petroleum ...
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Seplat
NEWSLETTER OIL & GAS
Seplat Petroleum Development Company Plc Wednesday said it had taken a final investment decision to develop gas fields in the country’s Imo state and would raise $700 million ...
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