News

President Muhammadu Buhari has renewed the appointments of Chief Executive Officers of agencies under the Ministry of Petroleum Resources. This was confirmed by a statement by the Special Adviser on Media and Publicity, Femi Adesina, on…
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NNPC & Sterling Global have signed off on agreements for monetization of Oil Mining Lease (OML) 143. This latest development will help increase NNPC's footprints in the downstream gas market and a potential revenue of $500-600m to…
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A loud explosion shook the Ajuwon, in the Iju area of Lagos shortly before 3:30 this afternoon as thick smoke billowed into the sky. The residents are currently in distress after a gas explosion rocked the area. News…
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The Rivers state government at the weekend said it has intensified effort to end illegal bunkering and save the state from the black soot by building mega filling stations across the state. Dr. Peter Medee, the state Commissioner for…
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The Kaduna State Government has declared three days mourning for the late Emir of Zazzau, Alhaji Shehu Idris. The Special Adviser to the Governor Nasir el-Rufai on Media and Communication, Mr Muyiwa Adekeye, announced this in a…
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Nigeria’s Oando Energy Resources, will be projecting the country’s vast gas potentials and attractive opportunities open to investors as the Africa Oil Week, AOW, gathers regional and international stakeholders. Already, private…
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-By Saidu Abubakar The funeral of the late Emir of Zazzau, Alhaji Dr. Shehu Idris is scheduled to take place at 5pm today in Zaria City according to reports. The Emir was reported dead today, Sunday at the 44 Nigerian Army Reference…
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For helping to resolve the age-long cost dispute between the Nigeria National Petroleum Corporation and Chevron Nigeria Limited leading to the signing of the Escravos Gas to Liquid (EGTL) Agreement in favour of Nigeria, Sen Bassey Akpan…
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Youths of Agbidiama community in the Ekeremor Local Government Area of Bayelsa State, on Thursday, protested against the Shell Petroleum Development Company of Nigeria (SPDC), disrupting oil production activities at the company’s flow…
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The Central Bank of Nigeria (CBN) has capped the maximum loan an obligor can access under its N250 billion intervention fund for the gas sector at N10 billion. This is contained in a guideline released on Monday, titled, “Framework for…
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