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A Federal High Court Lagos, Tuesday, further adjourned until July 2, a 69 million dollars suit filed by the Federal Government (FG) of Nigeria, against Chevron Petroleum Nigeria Ltd, seeking to recover Oil Revenue. The FG filed the suit…
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*To export gas to European countries The Nigerian National Petroleum Corporation, NNPC, has said it plans to link the proposed Nigeria-Morocco gas pipeline to the existing Maghreb-Europe gas pipeline. Nigeria-Morroco gas line…
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Oando PLC (referred to as “Oando” or the “Group”), Nigeria’s leading indigenous energy group listed on both the Nigerian and Johannesburg Stock Exchange, today announced unaudited results for the three months period ended March 31, 2019. …
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Nigeria’s crude production may rise further by additional 160,000 barrels per day (bpd) with the completion of Pan Ocean Oil Corporation Nigeria Limited’s three oil and gas infrastructure. Although Federal Government key assumptions and…
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Chevron Nigeria Limited (CNL), operator of the joint venture (JV) between the Nigerian National Petroleum Corporation (NNPC) and CNL (NNPC/CNL JV) confirms that at about 10:00 p.m. on Thursday, April 18, 2019, a fire was observed at the…
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Nigeria needs to grow local refining capacity to 1.52million barrels per stream daily (BPSD) to meet the need of premium motor spirit (PMS), the Nigerian National Petroleum Corporation (NNPC) has said. Its Group Managing Director (GMD),…
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-By Yange Ikyaa The Ibadan Electric Distribution Company (IBEDC) says it is committed to restoring power to Ilesha as soon as possible. The company said in a statement signed by its Head of Branding and Corporate Communications,…
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ExxonMobil Nigeria, a multinational oil company operating in Akwa Ibom, yesterday said it had invested N170 million on peace building programmes to enhance its smooth operation and development of host communities. The firm’s General…
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The Nigerian National Petroleum Corporation (NNPC) says it looks up to the completion of the Dangote Refinery to meet up with the increasing demand of petroleum products in the country. The corporation said with the expected population…
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Many Nigerians are yet to forget the horrible experience of 2012. A year Nigerians were given the most unpleasant gift at the eve of a new year by a government they overwhelmingly voted for less than ten months earlier and barely after…
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