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Industry
Situating NNPC’s role within Petroleum Industry Act
Recently, Dr. Olisa Agbakoba, one of Nigeria’s most respected lawyers, called for the repeal of the Petroleum Industry Act (PIA) 2021. Dr. Agbakoba‘s main grouse with the PIA as he put it, is that under the PIA, the Nigerian National!-->!-->!-->…
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12 professors, 15 others inducted into Shell sabbatical, research positions
A cross section of participants in the Shell Petroleum Development Company (SPDC) Joint Venture’s 2024 sabbatical and research programme in a group photograph with the leadership of SPDC’s Corporate Relations team at the induction ceremony!-->…
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FG offers to convert petrol, diesel cars for free for Nigerians to purchase N200 fuel
The Nigerian government has declared that converting petrol and diesel-powered commercial vehicles to run on Compressed Natural Gas (CNG) will be free.
This was disclosed in Abuja after signing agreements with companies converting!-->!-->!-->!-->!-->…
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To Stop Crude Oil Theft, FG Approves Metering Of All Flow Stations
…Metering Project To Gulp $21m
In a major move towards reforming Nigeria’s energy sector, the federal government has approved a contract for the construction of metering system for all the crude oil flow stations in the energy!-->!-->!-->!-->!-->…
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Dangote Refinery Buys 11 Million Barrels of Crude From America Due to Domestic Shortages
The Dangote Refinery has announced plans to acquire an additional 11 million barrels of crude oil from the United States.
In a tender viewed by Bloomberg, Dangote Refinery purchased five million barrels of West Texas Intermediate!-->!-->!-->!-->!-->…
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NNPC Not Ready to Proceed with $2bn Crude-backed Loan – Kyari
GCEO NNPC. Mele Kyari
The Nigerian National Petroleum Company Limited, on Wednesday, said it would make an formal announcement when ready to take the earlier reported $2bn crude-backed loan.
It was reported on Tuesday that NNPC was!-->!-->!-->!-->!-->…
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Oil-for-cash binge enslaves Nigeria’s next generation
Kyari
The Nigerian National Petroleum Company Limited’s (NNPC)’s fresh plan to secure a $2 billion loan using crude oil pre-payments as collateral has sparked debate and raised questions about its long-term implications for the nation’s!-->!-->!-->…
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Shell On Facility Visit To Dangote Refinery
L-R: Head of Business Development, Shell Trading and Shipping Company (STASCO), Filippo Bof; Managing Director, The Shell Petroleum Development Company of Nigeria Limited and Country Chair, Shell Companies in Nigeria, Osagie Okunbor;!-->…
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How To Reduce Costs Of Producing Oil In Nigeria – TotalEnergies
Country Chairman and Chief Executive Officer of TotalEnergies EP Nigeria Limited, Mr. Mathieu Bouyer has implored the Federal Government to ensure good fiscal incentives and healthy competition that will drive operating costs of!-->!-->!-->…
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NNPC-SPDC JV donates ICT centre to Bauchi University
The Inaugurated ICT Centre, at the Sa’adu Zungur University (formerly Bauchi State University), Gadau in Bauchi State. The Centre, opened on Thursday 4th July 2024, was built and equipped by NNPC-SPDC JV
A state-of-the-art ICT centre!-->!-->!-->…
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