Expert urges FG to engage professionals in power, oil and gas sectors
The Managing Director, Ariboil Company Ltd., Mr Stephen Aribeana, has urged the Federal Government to engage the right expertise to solve the challenges confronting the […]
Oil
Oil Bunkering Fire: Rep. Uju-Chima renews call for artisanal refineries
Rep. Kingsley Uju-Chima (APC – Imo) has renewed calls for the integration of artisanal refineries into the country’s refining regulations of the oil and gas […]
NSCDC apprehends 69 suspected oil thieves in A’Ibom
The Nigeria Security and Civil Defence Corps (NSCDC) says it apprehended 69 suspected oil thieves in Akwa Ibom between January and March. The NSCDC Commandant […]
Ijaw Group backs FG’s renewed campaign against oil theft
By Nathan Nwakamma An Ijaw group, the Movement for the Survival of Izon Ethnic Nationality (MOSIEND) on Tuesday in Yenagoa expressed support for Federal Government’s […]
IPMAN seeks Soludo’s support for development of oil and gas sector
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has congratulated Prof. Chukwuma Soludo on his inauguration as Governor of Anambra . Mr Chinedu Anyaso, Chairman […]
African countries engage DFIs to fund oil, gas projects
By Solomon Asowata Nigeria and other petroleum producing countries in Africa have begun engagements with Developmental Finance Institutions (DFIs) to fund critical oil and gas […]
Oil, gas coys owe federation accounts N1.32trn in 2020 – NEITI
By Emmanuella Anokam The Nigeria Extractive Industries Transparency Initiative (NEITI, said oil and gas companies liabilities to the Federation Accounts as at Dec. 31, 2020 […]
Oil coy expresses interest in NIPP plants
The Nigerian National Petroleum Company Limited (NNPCL), has expressed interest to participate in the acquisition of power plants for sale by the Federal Government. The […]
Group bemoans level of crude oil theft
By Solomon Asowata An association of indigenous Exploration and Production (E&P) Companies, the Independent Petroleum Producers Group (IPPG), says crude oil theft is an existential […]
Alleged N1.4bn Oil Fraud: Court Warns Nadabo Energy Boss’ Counsel Over Absence, Adjourns Till Jan 25
The ongoing trial of Abubakar Ali Peters and his company, Nadabo Energy Limited, for an alleged N1.4billion fraud, before Justice C.A. Balogun of the Lagos State High Court […]
EFCC Docks Woman for N32m Oil Scam in Kano
The Kaduna Zonal Command of the Economic and Financial Crimes Commission, EFCC, on Thursday, January 20, 2022 arraigned one Wasila Musa Ibrahim and her company, […]
EFCC Grills 22 Suspected Oil Thieves in Port Harcourt
Twenty two suspected oil thieves and a vessel: MT. TIS IV handed over to the Port Harcourt Zonal Command of the Economic and Financial Crimes […]
Reps Pass 2022 Budget Of N17.126trn, pegs oil benchmark at $62
The House of Representatives on Tuesday passed the 2022 budget of N17.126 trillion against the N16.391 trillion presented by President Muhammadu Buhari.This followed a unanimous […]
DSS Hands Over Truck, Four Suspected Illegal Oil Dealers to EFCC
Operatives of the Department of State Service, DSS, Benin Command on Thursday, December 16, 2021, handed over four suspected illegal dealers in petroleum products and a […]
Oil, gas industry: NCDMB charges media on Nigerian content
The Nigerian Content Development and Monitoring Board (NCDMB) says the media is critical to promoting the development of Nigerian content in the oil and gas […]
Diri redeems pledge to Nembe oil spill victims, delivers relief materials
Gov. Douye Diri of Bayelsa has redeemed his pledge to bring succour to Nembe communities recently affected by the oil leak from an oilfield operated […]
Dangote Oil Refining awards scholarships to 137 students of host communities
The Dangote Oil Refining Company Ltd has awarded scholarships to 137 tertiary institution and secondary school students from its host communities in Ibeju Lekki, Lagos […]
EFCC Arrests 18 Suspected Illegal Oil Bunkerers In Port Harcourt
Operatives of the Port Harcourt Zonal Command of the Economic and Financial Crimes Commission, EFCC, have arrested 18 (eighteen) suspected illegal oil bunkerers. They were arrested on Monday, November 29, 2021 […]
Ogoni cleanup: FG to address Environmental remediation, oil impacted sites
By Rosemary Ogbonnaya The Federal Government has promised to address the concerns raised by the Ogoni community about the on-going environmental remediation of oil impacted […]
Volume of Friday’s oil spill in Bayelsa yet unknown, says AITEO
Aiteo Eastern Exploration and Production Company (AEEPCO), operator of Oil Mining Lease (OML 29) on Wednesday said the volume of oil leakage in Friday from […]
FIRS Proposes Road Infrastructure Funding Scheme For Nigeria
The Federal Inland Revenue Service, FIRS, says it is proposing the introduction of Road Infrastructure Tax in Nigeria, to make the informal sector contribute to […]
Shell trains 40 Imo youths for Assah North-Ohaji South gas project
LEADING energy company, The Shell Petroleum Development Company of Nigeria Limited (SPDC) has commenced a one-year professional and vocational training for 40 youths from the […]
Ministry inaugurates technical committee on Petroleum Industry Act
Otunba Adeniyi Adebayo, Minister of Industry, Trade and Investment, has inaugurated a technical committee to review the Petroleum Industry Act (PIA) 2021 and its implications […]
NNPC records ₦43.57bn trading surplus in April
The Nigerian National Petroleum Corporation (NNPC) has announced a trading surplus of ₦43.57bn in April 2021 representing a 23.64% increase over the ₦35.24bn surplus it […]
PIB: Nigeria trying to open another frontier for crisis – Seriake Dickson
… says Nigeria not helping itself By Haruna Salami The last may not have been heard of the Petroleum Industry Bill, PIB which was recently […]