News

The supreme court has upheld the election of Abdullahi Ganduje as the governor of Kano state. The court gave its verdict on Monday in the suit filed by Abba Kabir Yusuf, candidate of the Peoples Democratic Party (PDP), challenging the…
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There are reports of pipeline explosion around Ile-Epo, in Abule Egba area of Lagos state this Sunday night. The explosion, witnesses said, may likely be from a vandalised petroleum pipeline belonging to the Nigerian National Petroleum…
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-By Saidu Abubakar The Minister of State for Petroleum Resources, Chief Timipre Sylva has revealed that the federal government is working towards providing an alternative petrol for Nigerians to cost between N95 and N97 per litre. He…
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*Buhari to declare summit open The Minister of State for Petroleum Resources, Timipre Sylva, has declared his readiness to host the global oil community in Abuja during the forth-coming Nigeria International Petroleum Summit (NIPS) in…
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*Lekoil gave $600,000 to consultancy that promised to help arrange loan from QIA A small Nigerian oil company has revealed an alleged scam after handing over $600,000 to a consultancy which had promised to help to arrange a loan from…
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*Subsidiary mulls deeper exploration in OML 49 Expenditure, including maintenance, on headquarters of Nigerian National Petroleum Corporation (NNPC) gulped N27.868 billion in two months. The headquarters, New…
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In a bid to make Nigeria get it right in local refining of petroleum products, the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has advocated the inclusion of a clause that mandates international oil companies…
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The Russian Federation has expressed its readiness to partner the Nigerian National Petroleum Corporation in the development of Nigeria’s upstream, gas and power sectors. This was made known by the Russian Federation Ambassador to…
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Tenty guards have been arrested by officials of the Nigerian Navy in Lagos and Ogun states The guards were said to have been involved in the construction of illegal oil wells to syphon petroleum products in the country It was…
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Nigeria is expected to contribute around 35% of Africa’s total planned and announced oil and gas new-build trunk/transmission pipeline length additions between 2019 and 2023, says GlobalData, a leading data and analytics company. The…
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