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Please note that the submission date for the Nigerian Gas Flare Commercialisation Programme (NGFCP) Statement of Qualification (SOQ) has been extended to Thursday, 28th February, 2019 as opposed to the…
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The fraction of oil monies accruable to Nigeria from Production Sharing Contracts (PSCs) related agreements it has with International Oil Companies (IOCs) has remained the lowest among other oil producing jurisdictions with same…
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Eterna Plc, an operator in the nation’s downstream oil sector, has said it aims to increase the number of its petrol stations across the country to 200 and acquire upstream oil and gas assets in the next five years. The Managing…
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A Federal High Court Lagos Wednesday adjourned until April 30, the $69 million suit filed by the federal government against Chevron Petroleum Nigeria Ltd, seeking to recover oil revenue. The federal government filed the suit against…
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Nigerian Navy, yesterday, said activities of oil thieves in the country cost it N11.08 billion in 2018. The disclosure came as it said 1952 illegal crude oil refining sites in the Niger Delta were uncovered and subsequently…
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The African Petroleum Producers Organization (APPO) and its member countries have called for unity, cooperation and reform amongst oil producers ahead of the Cape VII Congress and Exhibition, which will take place April 2-5, 2019 in…
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Exactly seven months after the Minister of State for Petroleum, Dr. Ibe Kachikwu, directed the Nigerian National Petroleum Corporation (NNPC) and Shell Nigeria Exploration and Production Company (SNEPCo) to commence the tendering process…
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The Nigerian National Petroleum Corporation (NNPC) yesterday indicated it would be willing to accept technical assistance from India to repair its refineries in Kaduna, Warri, and Port Harcourt, which have a collective processing capacity…
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The Minister of State, Petroleum Resources, Dr Ibe Kachikwu, has officially flagged off the Department of Petroleum Resources (DPR) newly computerised Crude Oil and LNG Tracking (COLT), Automatic Downstream System (ADS) and other…
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The Federal Government has forced oil companies operating in Nigeria to cough out the princely sum of N1.2 trillion in royalty arrears. The Minister of State for Petroleum Resources, Dr Ibe Kachikwu, stated this on Monday in Lagos at…
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