News

There are indications that the nation’s security architecture may witness significant focus shift this Thursday, as President Muhammadu Buhari last night summoned a high level meeting with his Service Chiefs for a meeting. The meeting…
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The Economic and Financial Crimes Commission, EFCC on Wednesday, took delivery of MV Gratitude, a bunkering vessel and its crew of six, intercepted on January 9, 2020 by officers of the Nigerian Navy, Forward Operating Base, Yenagoa,…
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The Department of Petroleum Resources (DPR) in Abuja, raised the alarm about activities of illegal marketers of Liquefied petroleum gas (LPG) insisting that the development remains a critical treat to lives and properties and uneconomical…
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A key witness failed to corroborate corruption allegations at the heart of the trial of Eni SpA and Royal Dutch Shell Plc over a Nigerian oil deal, potentially bolstering the companies’ defense in one of the industry’s biggest graft cases.…
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...PIB on last trip to NASS, Sylva vows Among other things, the Federal Government is working towards the production of Compressed Natural Gas (CNG) as an alternative fuel to the Premium Motor Spirit (PMS) petrol this year. The…
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Members of the Nigeria Union of Petroleum and Natural Gas Workers, NUPENG, recalled three weeks ago by Chevron Nigeria Limited CNL, following intervention of the Nigerian National Petroleum Corporation, NNPC Group Managing Director, Mele…
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Belgium-based offshore helicopter operator NHV Group has entered into a teaming agreement with the Nigerian subsidiary of Baywood Integrated Group, Tropical Arctic Logistics (TAL). NHV said on Monday that the agreement with TAL was…
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Nigeria’s domestic demand for Liquefied Petroleum Gas, LPG, increased from 600,000 metric tonnes, MT, to 840,000MT, indicating an increase of 40 per cent as at December, 2019. Addressing members at the just concluded Annual General…
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Eni CEO Claudio Descalzi told the Wall Street Journal that if found guilty by an Italian court of corruption in Nigeria, he would likely step down from his role rather than wait for lengthy appeals. Descalzi and others are accused of…
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Eni signed a new long term contract for the purchase of 1,5 million tonnes of liquefied natural gas with Nigeria LNG Limited (NLNG), a joint venture between NNPC, Shell, Total and Eni (with Eni having a participating interest of 10.4%). …
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