News

-By Gideon Osaka When the Nigerian Liquefied Natural Gas Limited, otherwise known as NLNG was incorporated on May 17, 1989, exactly 30 years ago, to harness Nigeria’s vast natural gas resources and produce Liquefied Natural Gas (LNG)…
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-By Fred Ojeigbe The nefarious activities of armed bandits and kidnappers across some states in the North may threaten the ongoing search for crude oil in the North, analysis by Valuechain, shows. Armed banditry and kidnapping have…
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The Nigerian National Petroleum Corporation, NNPC, yesterday, said it earned N174.62 billion from the sale of white petroleum products in March 2019. White petroleum products comprise Premium Motor Spirit, PMS, Dual Purpose Kerosene,…
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• Sanwo-Olu vows to ‘fight’ power providers in Lagos until supply improves • Dangote: How do you have economic growth without power? • Obaigbena urges CBN to intervene in education sector Central Bank of Nigeria (CBN) Governor,…
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The Nigerian National Petroleum Corporation (NNPC) recorded N174.62billion sale of white products in March 2019, the corporation’s Monthly Financial and Operations Report (MFOR) for March 2019 has stated. A statement by NNPC Group…
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Nigerian firm, Oranto Peturoleum Limited, has successfully completed its seismic data acquisition survey over the Ngassa block locales near Uganda’s western border with the Democratic Republic of Congo. A seismic survey is a technique…
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The Federal Government has signed a Memorandum of Understanding (MoU) with Axxela Limited to provide energy solution for investors in Onne and Ikpokiri oil and gas free zones. The transaction was executed by Free Zone…
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A Federal High Court yesterday in Lagos, adjourned until June 19, hearing in a debt recovery suit filed by the Federal Government, against Shell Western Supply & Trading Ltd, over alleged 406.7 million dollars shortfall in Crude…
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Nigeria’s three dormant refineries have cost the country about N8 billion after failing to meet operational capacity. The country’s failure to attain 90% self-sufficiency in oil refining could deny Ibe Kachikwu a second term as the…
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Over three months after the Nigerian National Petroleum Corporation (NNPC) started drilling activities at the spud-in of Kolmani River-II Well in Gongola Basin in Bauchi, petroleum industry stakeholders have expressed divergent views over…
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