News

President Muhammadu Buhari today, participated in the Plenary Session of the Economic Forum Meeting of the #RussiaAfricaSummit on "Uncovering the Potential for Cooperation". He led the Nigerian delegation that included the Minister of…
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President Muhammadu Buhari and Russian counterpart Vladimir Putin. Twitter image President Muhammadu Buhari and Russian President, Vladimir Putin on Wednesday in Sochi, Russia, agreed to put Nigeria-Russia relations on a fast track, and…
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Nigeria has discovered approximately 28 Bcm of gas and 60 million barrels of condensate. A statement from Eni yesterday said, “the discovery contains approximately 28 Bcm of gas and 60 million barrels of condensate, and the gas from…
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As the timeline to revamp Nigeria’s four oil refineries in 2023 edges closer, the Nigerian National Petroleum Corporation (NNPC) has met with some Russian firms, which includes a state owned company and private entities to…
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ADM Energy plc (AIM: ADME), an oil and gas investing company quoted on AIM, notes that Panoro Energy ASA (“Panoro”) (OSE Ticker: PEN), an independent exploration and production company, has agreed to sell 100% of its ownership in OML 113…
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Greco is leading the prosecution of Shell and Eni, the two oil giants said to have played leading roles in the fleecing of Nigeria billions of dollars in the Mabalu OPL 25 deal The chief prosecutor at the ongoing trial of criminal…
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The Securities and Exchange Commission is looking to attract more oil and gas firms, including the Nigerian National Petroleum Corporation and the Nigeria LNG to the Nigerian Stock Exchange. SEC also said it had started discussing with…
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The Nigerian National Petroleum corporation (NNPC) has said that it remitted N729.3billion and N602.30billion to the Federation Accounts and Joint Ventures (JV) respectively from July 2018 to July 2019. The NNPC July 2019 Monthly…
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The Nigerian National Petroleum Corporation (NNPC) and the National Institute for Security Studies (NISS) have stepped up inter-agency collaboration to ensure safety of oil assets in the country. The Group Managing Director of the NNPC,…
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Following the announcement made by the Nigerian National Petroleum Corporation (NNPC) that it has discovered oil in Alkaleri Local Council of Bauchi State, Governor Bala Muhammed said the development would not derail his administration…
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