News

…Vows to curb pipeline vandalisation The Nigerian Pipelines and Storage Company (NPSC), one of the downstream subsidiaries of the Nigerian National Petroleum Corporation (NNPC), on Thursday, said it generated N44.4bn in…
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Nigeria will close a $2.5bn financing agreement with Chinese lenders by the start of the second quarter of 2020 to fund the single biggest gas pipeline project in the country’s history, after months of holding talks with China on financing…
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The Joint Military Force deployed to protect oil infrastructure in the Niger Delta said on Saturday that it prevented more than 419 attacks on oil export facilities last year alone. The feat led to uninterrupted oil exports in the…
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Residents of Alagbole Cele bus stop, a busy Community in Lagos/Ogun State suburb are currently living in probable tension, as pipeline vandals are said to be scooping fuel from the shallow pipe that passed through the community. Just…
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The Shell Petroleum Development Company of Nigeria Limited, SPDC, says last Thursday’s fire outbreak in Rivers State, was not from its facility, but from a crude theft point near the 20-inch Trans Niger Pipeline operated by the company. …
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Oil producing states in the country received N50.279 billion as 13 percent derivation revenue in December, 2019, according to the Permanent Secretary, Ministry of Finance, Budget and National Planning, Alhaji Isa Dutse. Dutse disclosed…
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The Honorable Minister of State for Petroleum Resources, Timipre Sylva has inaugurated the National Gas Expansion Programme Committee to steer the Gas Sector for optimal performance and better utilization of the massive gas resources in…
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The Honorable Minister of State for Petroleum Resources, Chief Timipre Sylva participated in this year's World Economic Forum Annual Meeting (#wef20). Here is a summary of his participation and how he has continued to effortlessly…
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Despite privatising the power sector, the Federal Government has spent over N1.7tn on the sector in the last three years, an interim report submitted to the National Economic Council indicated on Thursday. The Governor of Kaduna State,…
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The Nigerian National Petroleum Corporation (NNPC) and the Petroleum Technology Association of Nigeria (PETAN) have pledged to partner on ways to bolster production activities in the nation’s oil and gas sector. This resolution was…
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