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Oil

Petrol: No increase in ex-depot Price in May – NNPC

April 19, 2021 Chimezie Godfrey 0

The Nigerian National Petroleum corporation (NNPC) says it will not increase the ex- depot price of Premium Motor spirit also known as petrol in May. […]

Shell confirms oil spill in Bayelsa community

April 3, 2021 Chimezie Godfrey 0

The Shell Petroleum Development Company (SPDC) has confirmed oil spill from its facility at Agbura-Otuokpoti area of Yenagoa, the state capital. The comapny’s Media Relations […]

Court jails man 15 years for N16m oil fraud in Lagos

March 27, 2021 Chimezie Godfrey 0

By Chimezie Godfrey The Economic and Financial Crimes Commission, Lagos Zonal Office, has secured the conviction and sentencing of a businessman, Charles Ihenetu, to 15 […]

Buhari, Osinbajo, Sylva for “Decade of Gas” conference

March 22, 2021 Chimezie Godfrey 0

By Chimezie Godfrey President Muhammadu Buhari, alongside Vice President Yemi Osibajo and the Minister of Stater for Petroleum Resources, Timipre Sylva will feature in the […]

Indigenous oil, gas firm inaugurates 4 multi-million dollar facilities in Delta

March 17, 2021 Chimezie Godfrey 0

An indigenous firm, Midwestern Oil & Gas Company Ltd. and its Joint Venture (JV) partners, SunTrust and others, on Tuesday inaugurated four multi-million dollar oil facilities […]

Oil production cut: OPEC commends Nigeria on compensation conformity

March 4, 2021 Chimezie Godfrey 0

The Organisation of  Petroleum Exporting Countries (OPEC) has commended Nigeria for achieving full conformity in January 2021, and compensating its entire overproduced volumes. The organisation  […]

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CDS pledges military support for protection of oil, gas assets

February 24, 2021 Danlami Nmodu 0

…As NNPC Loses 200k Barrels of Oil Daily The Chief of Defence Staff, Major General Lucky Irabor, has promised to galvanize the military to provide […]

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No fuel price increase in February, says NNPC

February 18, 2021 Danlami Nmodu 0

In spite of the rise in the price of crude oil in the international market, the Nigerian National Petroleum Corporation (NNPC) has ruled out any […]

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Alleged forgery of oil agreement: Obasanjo’s in-law alleges witch-hunt

February 16, 2021 Favour Lashem 0

John Abebe, a businessman and the brother-in-law of former President Olusegun Obasanjo,  on Tuesday told an Ikeja Special Offences Court  that his trial for forgery […]

Nigeria Oil and Gas Industrial Park in Bayelsa to be ready 2022, says NCDMB boss

February 10, 2021 Chimezie Godfrey 0

The Nigeria Oil and Gas Park project promoted by the Nigerian Content Development and Monitoring Board (NCDMB) in Emeyal 1, community in Ogbia Local Government […]

FG inaugurates crude oil cost optimisation programme

February 9, 2021 Chimezie Godfrey 0

The Federal Government has inaugurated the Nigerian Upstream Cost optimisation Programme (NUCOP) to drive down the cost of crude oil production in the country. The […]

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MOMAN faults plan to fix freight rate for petrol

February 9, 2021 Favour Lashem 0

  Major Oil Marketers Association of Nigeria (MOMAN) says the plans to fix freight rate for Premium Motor Spirit (PMS) can hinder full deregulation of […]

NNPC posts $108m for crude oil, gas export sales in November – Report

February 8, 2021 Chimezie Godfrey 0

The Nigerian National Petroleum Corporation (NNPC) has said that it achieved a trading surplus of 108.84 million dollars (about N13.43billion) for the month of November […]

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NNPC records 54% increase in trading surplus for November

February 7, 2021 Danlami Nmodu 0

…Posts Crude Oil, Gas Export Sales of $108.84m The Nigerian National Petroleum Corporation (NNPC) has announced a trading surplus of ₦13.43billion for the month of […]

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Kyari commends Buhari’s non-interference in NNPC

February 2, 2021 Danlami Nmodu 0

…Tasks Govts, Institutions on Technology, Innovation The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has commended President Muhammadu Buhari […]

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Good omen for democracy as PMB settles $500m Eurobond loan

February 2, 2021 Danlami Nmodu 0

By Musa Ilallah It is always said that Government business in the developed and developing countries is a continuous enterprise in the life span of […]

Tambuwal asks FG to initiate oil exploration in Sokoto Basin

February 1, 2021 Danlami Nmodu 0

    The federal government under the aegis of the Nigerian National Petroleum Corporation (NNPC) has been urged to spearhead the exploration of oil in […]

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TRIBUTE: Galadima, Dr GTN Ajakpo: A friend and prayer partner flies away

January 30, 2021 Danlami Nmodu 0

By Folu Olamiti, FNGE   As I punch the key-board to write this, it still feels like a dream. A very bad dream. As I […]

Oil spill: Environmental Rights group hails Judgement against Shell

January 29, 2021 Chimezie Godfrey 0

The Environmental Rights Action/Friends of the Earth Nigeria (ERA/FoEN), an NGO, has described as a healthy development the recent judgement by the Netherland’s court of […]

Senate President wants reduction in cost of crude oil production

January 28, 2021 Chimezie Godfrey 0

President of the Senate, Ahmad Lawan has advocated for a reduction in the cost of crude oil production by International Oil Companies (IOC’s) operating in […]

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NNPC records 92% increase in sales of petroleum products in October

January 28, 2021 Danlami Nmodu 0

…Increases Gas Supply to Power Plants by 8.60% The Nigerian National Petroleum Corporation (NNPC) has announced that its downstream subsidiary, the Petroleum Products Marketing Company […]

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Despite vested interests, we’ll protect Nigeria’s interest in new PIB – Gbajabiamila

January 27, 2021 Danlami Nmodu 0

…says House to pass Bill in April …promises thorough work, engagement of stakeholders Despite the positions of any vested interest, the House of Representatives will […]

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Nigeria’s Petroleum Ministry announces new dates for NIPS 2021

January 25, 2021 Chimezie Godfrey 0

By Chimezie Godfrey The Minister of State for Petroleum Resources, Chief Timipre Sylva has announced new dates for the 2021 Nigerian International Petroleum Summit (NIPS). […]

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Experts, stakeholders canvass tax automation at FIRS’ dialogue

January 24, 2021 Danlami Nmodu 0

  The Federal Government has been advised to explore data and intelligence in order to ease tax collection and improve its revenue base. Tax experts, […]

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Facing 2021: Notes to the Nigerian Left, By Edwin Madunagu 

January 22, 2021 Danlami Nmodu 0

The last paragraph of my last published article for the year 2020, titled “Study notes on state and state failure” (December 22) started with a […]

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