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Industry
FG introduces Two New Regulations to Halt Oil Theft
By Adaobi Rhema Oguejiofor
The Federal Government has disclosed that three important regulations have been introduced to help improve Nigeria's revenue from crude oil production.
This was revealed on Monday at a stakeholder!-->!-->!-->!-->!-->!-->!-->…
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Local Refining Will End Nigeria’s Fuel Crisis – Peter Obi
By Adaobi Rhema Oguejiofor
Mr. Peter Obi, the presidential candidate of Labour Party (LP) in an interview on Sunday said that the fuel crisis that is currently faced by Nigeria can be fixed with effective local refining.
He also!-->!-->!-->!-->!-->!-->!-->…
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NNPC, Daewoo Sign Deal to Upgrade Kaduna Refinery
By Patience Moses Chat
The Nigerian National Petroleum Company (NNPC) Limited has signed a deal with the Nigerian Subsidiary of Daewoo E&C Company Limited of South Korea to fix, repair and maintain the Kaduna Refining and!-->!-->!-->!-->!-->…
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Nigeria to Increase Gas Production, Ramp Up Distribution
By Adaobi Rhema Oguejiofor
The Nigerian National Petroleum Company (NNPC) Gas Marketing Limited, the gas marketing division of NNPC, on Monday inaugurated a gas distribution office at Ikeja in Lagos State.
During the unveiling!-->!-->!-->!-->!-->!-->!-->…
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Host Communities Demand Compensation from Shell Over Environmental Pollution
By Patience Moses Chat
Nigerian oil company, Shell Petroleum Development Company (SPDC), has responded to a lawsuit against it in London by the community members of Ogale, a farming and fishing community in the Niger Delta region of!-->!-->!-->!-->!-->…
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Imo University Awards Wabote Doctor of Science, Celebrates Accomplishments
L-R: Vice Chancellor, Imo State University (IMSU), Prof. Uchefula Chukwumaeze, SAN, FCArb; Governor, Imo State, His Excellency, Senator Hope Uzodimma; Director, Planning, Research & Statistics, Nigerian Content Development and!-->…
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TotalEnergies Claims Limited Exposure After Partner’s $100bn Loss
By Yange Ikyaa
French energy giant, TotalEnergies SE, has said that its exposure to Adani Group companies was $3.1 billion of capital, as at the end of December, representing a small fraction of the!-->!-->!-->!-->!-->…
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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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