Petrol: No increase in ex-depot Price in May – NNPC
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. […]
Oil
Shell confirms oil spill in Bayelsa community
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
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
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
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
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 […]
CDS pledges military support for protection of oil, gas assets
…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 […]
No fuel price increase in February, says NNPC
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 […]
Alleged forgery of oil agreement: Obasanjo’s in-law alleges witch-hunt
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
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
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 […]
MOMAN faults plan to fix freight rate for petrol
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
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 […]
NNPC records 54% increase in trading surplus for November
…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 […]
Kyari commends Buhari’s non-interference in NNPC
…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 […]
Good omen for democracy as PMB settles $500m Eurobond loan
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
The federal government under the aegis of the Nigerian National Petroleum Corporation (NNPC) has been urged to spearhead the exploration of oil in […]
TRIBUTE: Galadima, Dr GTN Ajakpo: A friend and prayer partner flies away
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
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
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 […]
NNPC records 92% increase in sales of petroleum products in October
…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 […]
Despite vested interests, we’ll protect Nigeria’s interest in new PIB – Gbajabiamila
…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 […]
Nigeria’s Petroleum Ministry announces new dates for NIPS 2021
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). […]
Experts, stakeholders canvass tax automation at FIRS’ dialogue
The Federal Government has been advised to explore data and intelligence in order to ease tax collection and improve its revenue base. Tax experts, […]
Facing 2021: Notes to the Nigerian Left, By Edwin Madunagu
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 […]