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Industry
Port-Harcourt Refinery 50% Complete, To Begin Operation March Next Year, NNPC Assures
The Minister of State for Petroleum Resources, Timipre At Port Harcourt Refinery Sylva, the Chairman of the Board of the Nigerian National Petroleum Company Ltd, Margery Okadigbo, the Group Managing Director of the NNPC, Mele Kyari and!-->…
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NNPC signs $1.4bn funding agreement for Kolmani development project
In Case Y Missed It
The Nigerian National Petroleum Company Limited (NNPC), on Wednesday, November 30, sealed a $1.4 billion external project finance agreement jointly arranged by Standard Chartered Bank UK, and the United Bank for!-->!-->!-->!-->!-->…
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Oil Theft: Senate Bows To Pressure, Fails To Indict Masterminds
***Alleges Nigeria Lost $2bn In 8 Months
The Senate Ad-Hoc Committee meant to investigate the siphoning of the country’s crude oil and the negative impact of the plague on the economy, on Tuesday submitted its findings to plenary.
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Funding for Kolmani Oil Field won’t come easy – Sylva
The Minister of State for Petroleum Resources, Timipre Sylva, has said that get funding for the Kolmani Oil Field won’t be easy as global financiers are gradually turning their back on fossil fuel funding.
Sylva, said this at!-->!-->!-->!-->!-->…
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Gov Mohammed Lauds Buhari, Says Commencement Of Oil Drilling In Bauchi, Gombe’ll Not Breed Violence
The Bauchi State Governor, Bala Mohammed has assured the Federal Government that the commencement of the oil drilling in Kolmani Oil Field, a territorial demarcation of the borderline between Alkaleri Local Government Area of Bauchi!-->!-->!-->…
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Nigeria’s oil and gas revenue hits $741.4b
Oil company (file image)
The Nigeria Extractive Industries Transparency Initiative (NEITI) has said that the revenue that Nigeria earned from oil and gas revenue as of 2020 was $741.4 billion.
The Executive Secretary, Dr. Orji!-->!-->!-->!-->!-->…
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Jubilation As Sample Photos of Oil Discovered In 2 Northern States Emerge
Photos of the sample of crude oil discovered in 2 northern states Photo Credit: Bashir Ahmad Source: Twitter
President Muhammadu Buhari on Tuesday, November 22, flagged off the Kolmani Integrated Development Project (KIPRO) discovered!-->!-->!-->…
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Sad End As Court Remands 10 Foreign Nationals Over Alleged Oil Theft
The Federal High court sitting in Port Harcourt has remanded 10 foreign nationals alleged to have been involved in alleged Oil theft from Akpo oil field in Bonny on board Mt Heroic Idun.
It would be recalled that 16 of the foreign!-->!-->!-->!-->!-->…
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Nigerian Oil and Gas Sector records Giant Strides
….As industry watchers commend NNP Company limited and NUPRC on NJ Exploration Limited - a subsidiary of Nuel Ojei Holdings Limited, ExxonMobil and ADDAX Petroleum deals
Oil and gas industry watchers are hailing the giant strides in!-->!-->!-->!-->!-->…
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NNPC GCEO accuses security officials of collaborating with crude oil thieves
"...Those involved use technology to lay pipelines that no one can see
The Group Chief Executive Officer of the Nigerian National Petroleum Company (NNPC) Limited, Mele Kyari, has accused the government and security officials of!-->!-->!-->!-->!-->…
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