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SARAKI TO CHURN OUT BILLIONS TO CORNER NORWEGIAN OIL ASSETS
The Norwegian crude oil storage vessel firm wants to leave Nigeria to focus on other more promising markets in Latin America. The takeover of its assets is turning into a battle between local and foreign firms.
BW Offshore has!-->!-->!-->!-->!-->…
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NNPC’s restructures for commercial operations amidst losses, rising subsidies
Ahead of the July 19 public unveiling of the Nigerian National Petroleum Limited as a fully operational commercial firm, Nigeria’s state-oil firm is battling to rein in subsidies on petrol even as marketers demand new subsidies on!-->!-->!-->…
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The Structure of Nigeria’s Downstream difficult to be Funded by Government- Adeosun
Emphasising on Nigeria’s downstream sector in a panel session, Chairman of Major Marketers Association of Nigeria (MOMAN) and Chief Executive Officer of Ardova Plc, Mr. Olumide Adeosun, made his point clearly that Nigeria needs a!-->!-->!-->…
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Oil projects: ARDA seek options for Nigeria, Africa downstream oil sector
The African Refiners and Distributors Association (ARDA) have raised alarm over the impacts of Environmental, Social, and Governance (ESG) issues on financing for oil and gas projects, insisting that unless borrowers like Nigeria and!-->!-->!-->…
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IOCs Killing Local Oil Servicing Companies in Nigeria, Says Wabote
The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Mr. Simbi Wabote has taken a swipe at international oil companies (IOCs) operating in the country, urging them to stop the maltreatment of!-->!-->!-->…
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OPEC: How marginal fields can brighten Nigeria’s oil outlook
After raking in N203.91 billion from 29 investors, the Federal Government, through the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) is demanding speedy exploration of crude oil to boost efforts at meeting the production!-->!-->!-->…
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NCDMB Unveils Ministerial Regulations, Charges Industry on Compliance
L-R: Minister of State for Petroleum Resources, Chief Timipre Sylva; Group Managing Director NNPC Ltd, Mallam Mele Kolo Kyari; Executive Secretary of the NCDMB, Engr. Simbi Kesiye Wabote; Group Chief Executive Officer, Oando Plc, Mr.!-->…
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NNPC Distances self from fake recruitment announcement
By Yange Ikyaa
The Nigerian National Petroleum Company Limited (NNPC) has distanced itself from a recruitment announcement that is currently making the rounds across various channels as the handwork of mischief makers, who are out!-->!-->!-->!-->!-->…
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