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The Department of Petroleum Resources (DPR) has turned to French data firm Kpler to help it ferret out smugglers from the thousands of ships plying Nigerian waters. The United Nations Security Council estimates that Nigeria lost $2.8…
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The Nigerian National Petroleum Corporation (NNPC) and other National oil companies failed to disclose information critical to the oversight of public revenues and these National Oil Companies, with $3.1 trillion in assets, are dangerously…
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Worried by the growing incidents of petroleum products smuggling across the nation’s border towns, the Nigerian National Petroleum Corporation, Nigeria Customs Service (NCS) and the Department of Petroleum Resources (DPR) have agreed to…
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The Group Managing Director of the Nigerian National Petroleum Corporation, NNPC, Dr. Maikanti Baru has said that to sustain the present seamless supply of petrol across the country, the NNPC was adding additional 2 billion litres of…
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The International Monetary Fund (IMF) is not in a position to dictate to Nigeria to remove subsidy on imported Premium Motor Spirit (PMS) fuel, Chairman House of Representatives on Petroleum Resources (Downstream) Joseph Akinlaja (PDP,…
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The biblical postulation that “The dry bone shall rise again” seems suitable to the long-time moribund and wobbly state of the Port Harcourt Refinery company (PHRC) limited, Rivers State. The near–dead ‘’Mother’’ refinery has begun to…
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-By Yange Ikyaa Africa’s foremost businessman and Chairman of Aliko Dangote Foundation, Alhaji Aliko Dangote, has made yet another critical intervention in the educational sector of Nigeria by donating hostel complex to the Ahmadu Bello…
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The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, has warned that Nigeria is facing stiff competition from new oil and gas discoveries in Africa and the world. Owing to this, the NNPC…
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Seplat Petroleum Development Company Plc (“Seplat” or the “Company”), announced its first quarter results. Information contained within this release is un-audited and is subject to further review.Financial performance summary Revenue of…
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Investors who get the nod of the federal government to capture and commercialise flared gas in the ongoing Nigerian Gas Flare Commercialisation Programme (NGFCP) will be handed over their preferred flare sites by May 2020, a timeline of…
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