News

The downstream sector of the Nigerian petroleum industry may witness deregulation in the nearest future due to forces such as the coming on stream of Dangote Refinery and Petrochemical Plant and the emancipation of the gas sector through…
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The Minister of State for Petroleum Resources, Mr. Timipre Sylva, has said Nigeria can generate enough clean electricity for its people and economy if it jointly develops its gas and renewable energy sectors. Sylva, stated that…
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The Nigerian National Petroleum Corporation (NNPC), yesterday, said it has forged an alliance with some key stakeholders in the downstream sector of the petroleum industry with a view to stamping out the ugly incidences of oil pipeline…
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The Nigerian National Petroleum Corporation (NNPC) has forged a formidable alliance with some key stakeholders in the Downstream Sector of the Petroleum Industry with a view to stamping out the ugly incidences of oil pipeline vandalism…
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-By Kenny Folarin The Nigerian Content Development and Monitoring Board (NCDMB) has targeted 70% Practical Nigerian Content (PNC) in the oil and gas sector, latest 2027. Executive Secretary of the NCDMB, Simbi Wabote, while…
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Timipre Sylva, Mele Kyari to discuss crude theft at NEITI’s policy dialogue Timipre Sylva, the minister of state for petroleum resources, and Mele Kyari, the group managing director of the Nigeria National Petroleum Corporation (NNPC)…
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-By Kenny Folarin The Integrated Data Services Limited, IDSL, a subsidiary of the Nigerian National Petroleum Corporation (NNPC), has recorded steady increase in its revenue base, raking in N5.5billion in 2016, N7.6billion in 2017 to…
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The federal government is said to have commenced a fresh move to recover about N20 trillion from six defaulting oil companies as part of the revenue accruing to Nigeria. The Nation puts the amount at about $62,190,679,793.00 billion…
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The Integrated Data Services Limited, IDSL, a subsidiary of the Nigerian National Petroleum Corporation (NNPC), has recorded a significant increase in its revenue base from N5.5billion in 2016, N7.6billion in 2017 to N19.033billion in…
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Waltersmith Modular Refinery, a 5,000 barrels per day production capacity facility being promoted by Nigerian Content Development and Monitoring Board (NCDMB), will commence operations in July 2020, an official said. The Executive…
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