News

The Petroleum Technology Development Fund (PTDF), in collaboration with the Federal Ministry of Justice and other stakeholders, has harped on the need for lawyers to be informed on emerging trends in the oil and gas industry. Speaking…
Read More...

The Nigerian National Petroleum Corporation (NNPC) and the United States Trade and Development Agency (USTDA) have concluded arrangement to sign a $1.16 million grant as part funding for the NNPC-Abuja Independent Power Project…
Read More...

*Nigeria’s high production cost per barrel of crude oil, considered one of the highest in the world, is a concern to the Federal Government. In view of this challenge, the Minister of State for Petroleum Resources, Chief Timpre Sylva, has…
Read More...

President Muhammadu Buhari on Wednesday met with the management of Pearson Education Group in London, the United Kingdom. The picture of the meeting was shared by the Special Assistant to the President on New Media, Bashir Ahmad, on his…
Read More...

If the Finance Bill submitted by President Muhammadu Buhari is passed by the National Assembly, it would remove the tax exemption on dividends paid from the profits of oil companies. The Minister of Finance, Budget and National…
Read More...

The Federal High Court in Abuja has given the Economic and Financial Crimes Commission an ultimatum of four months to extradite Diezani Alison-Madueke, a former Minister of Petroleum Resources, to Nigeria from the United Kingdom. The…
Read More...

As part of measures to ensure safety and smooth operation in the petroleum products distribution value chain, the Nigerian National Petroleum Corporation (NNPC), in collaboration with other stakeholders in the Petroleum Industry and…
Read More...

The selection of insurer for the Nigerian National Petroleum Corporation’s (NNPC) assets in the 2020/2021 would be transparent, just as is the practice in other areas of the corporation’s operation nationwide, the National Oil Company has…
Read More...

The Supreme Court on Tuesday reaffirmed its earlier judgement in which it among others, ordered the Nigerian National Petroleum Corporation (NNPC) to pay N8.1billion to a firm, BCE Consulting Engineers over a failed consultancy service…
Read More...

• Consignments brought by South African Airways ― Customs The Murtala Mohammed International Airport (MMIA) Command and the Murtala Mohammed Area Command (Cargo Section), both of the Nigerian Customs Service (NCS) has revealed that…
Read More...