News

Nigeria exported crude oil and gas worth $5.97 billion between May 2018 and May this year, a report by the Nigerian National Petroleum Corporation (NNPC) said yesterday. Details of the report contained in the May 2019 edition of the…
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•Buhari sets targets of 7,000mw The Federal Government and German-based Siemens have signed an electricity road map agreement that is expected to terminate in 2025. The implementation of the agreement is in three phrases and it comes…
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In a desperate, last-ditch move to save face and possibly their jobs, the Nigeria Football Federation (NFF) have called an emergency congress on the sidelines of the Aiteo Cup Final in Kaduna to pass a vote of confidence on president Amaju…
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The Super Eagles, who placed third at the AFCON in Egypt, have checked out of the Hilton Hotel in Abuja as they will not be hosted by the government. Nigeria placed third for the eighth time in their history. They were received by…
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In a bid a attract buyers, the Nigerian National Petroleum Corporation, NNPC, lowered prices of the country’s crude grades, SweetcrudeReports has learned. Price schedules seen by this newspaper indicated that NNPC lowered the August…
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...Says FG procures 12 Super Tucano Jets, others ....Promises to provide more details Presidency on Sunday offered official explanation on how it expended the one billion United States Dollars withdrawn from the Excess Crude Account…
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A list of funders of Seplat’s $700 million Assa North /Ohaji South, ANOH gas and condensate field project, has emerged. In a presentation by the company’s Chief Executive Officer, Mr. Austin Nwachuku; Chief Financial Officer, Mr.…
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The Nigerian National Petroleum Corporation (NNPC) has announced a trading surplus of N6.33 billon for May 2019, a figure which is 13 per cent higher than the N5.60 billion surplus posted in the preceding month of April 2019. The NNPC,…
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The Department of Petroleum Resources (DPR) has dislodged about 60 gas selling points in Nasarawa State as part of efforts to eliminate illegality in the gas industry. This was disclosed yesterday to journalists in Lafia, the Nasarawa…
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The dream of turning around the downstream sector of Nigeria and Sub-Saharan Africa’s oil and gas industry offered by the establishment of the proposed Dangote Refinery may become a nightmare unless fuel cartels within and outside the…
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