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Industry
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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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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