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Oriental prepares for sale of equity in Nigerian oil assets
Oriental Energy Resources has commenced a marketing campaign of certain interests in its existing offshore Nigeria assets to qualified prospective partners, having recently obtained Government approval for its legacy block Oil Mining Lease!-->…
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SYLVA KICKSTARTS OLOIBIRI MUSEUM/RESEARCH CENTER PROJECT
…Inaugurates project committees
The Minister of State for Petroleum Resources, Timipre Sylva, has, on Tuesday inaugurated two committees and five project teams for the Oloibiri Museum and Research centre which will be situated in!-->!-->!-->…
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NNPC Mourns Passing of Former GMD, Dawha
The Nigerian National Petroleum Corporation (NNPC) regrets to announce the demise of its former Group Managing Director (GMD), Dr. Joseph Thlama Dawha.
Dr. Dawha, died after a brief illness, NNPC Group General Manager, Group Public!-->!-->!-->…
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Another Eid Celebrations Amid COVID-19 Period
Eid al-Adha ‘Feast of the Sacrifice’, also called Eid Qurban, also known as Eid al-Kabir in Nigeria is the second of two Islamic holidays celebrated worldwide each year (the first being Eid al-Fitr), and considered the holier of the two.!-->…
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INVITATION TO JOIN DISCUSSIONS ON VALUECHAIN ZOOM ROUND TABLE
President Muhammadu Buhari on June 30, 2020 flagged off the construction of the 614 kilometer Ajaokuta-Kaduna-Kano (AKK) Gas pipeline. The project has been described as historic and will bring to reality, some of the nation’s long term!-->…
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Nigeria Approves Funding for Siemens to Rehabilitate Country’s Power Infrastructure
Nigeria has approved counterpart funding for a contract that will enable Siemens AG upgrade the country’s failing power infrastructure. The German engineering company was contracted to rehabilitate and expand Nigeria’s electricity grid.
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NNPC to Take Legal Action Against SAMANO, Others
The Nigerian National Petroleum Corporation, NNPC has instructed its counsel, Afe Babalola & Co, to take appropriate legal actions against SAMANO SA DE CV and its officers for the injury done to the Corporation and its!-->…
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BREAKING: $125 million Fraud Averted as NNPC’s Diligence Saves Nigeria From Fraudsters
The diligence of the Management of the Nigerian National Petroleum Corporation, NNPC in collaboration with officials of the Federal Government has saved Nigeria from losing a whooping sum of $125,000,000: 00 (One Hundred and Twenty-Five!-->…
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Shell writes down Nigerian licence at heart of Italian bribery trial
Royal Dutch Shell said on Thursday its second-quarter writedowns include the OPL 245 licence for an offshore oilfield in Nigeria which it holds alongside Eni and which is at the centre of an ongoing corruption court case in Italy.
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Reps summon NNPC, NAPIMS, Oando, Agip over $16.5m debt
The Nigeria National Petroleum Corporation (NNPC) and multi-national oil company, Agip, yesterday failed to appear before the House of Representatives Committee on Petroleum Upstream over an alleged failure of Agip to pay a $16.5 million!-->…
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