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The Minister of State for Petroleum Resources, Timipre Sylva, has said that get funding for the Kolmani Oil Field won’t be easy as global financiers are gradually turning their back on fossil fuel funding.Sylva, said this at…
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R-L: Permanent Secretary, Federal Ministry of Transportation, Dr. Magdalene Ajani; Director General, Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Bashir JamohOFR; Secretary General, International Maritime Organisation…
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The Bauchi State Governor, Bala Mohammed has assured the Federal Government that the commencement of the oil drilling in Kolmani Oil Field, a territorial demarcation of the borderline between Alkaleri Local Government Area of Bauchi…
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Saudi Arabia denied a report that it is discussing an oil-production increase for the OPEC+ meeting next month, and said it stands ready to make further cuts if needed. Crude futures pared earlier losses, trading 1.8% lower at…
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Oil company (file image) The Nigeria Extractive Industries Transparency Initiative (NEITI) has said that the revenue that Nigeria earned from oil and gas revenue as of 2020 was $741.4 billion.The Executive Secretary, Dr. Orji…
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Photos of the sample of crude oil discovered in 2 northern states Photo Credit: Bashir Ahmad Source: TwitterPresident Muhammadu Buhari on Tuesday, November 22, flagged off the Kolmani Integrated Development Project (KIPRO) discovered…
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The Federal High court sitting in Port Harcourt has remanded 10 foreign nationals alleged to have been involved in alleged Oil theft from Akpo oil field in Bonny on board Mt Heroic Idun.It would be recalled that 16 of the foreign…
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….As industry watchers commend NNP Company limited and NUPRC on NJ Exploration Limited - a subsidiary of Nuel Ojei Holdings Limited, ExxonMobil and ADDAX Petroleum dealsOil and gas industry watchers are hailing the giant strides in…
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"...Those involved use technology to lay pipelines that no one can seeThe Group Chief Executive Officer of the Nigerian National Petroleum Company (NNPC) Limited, Mele Kyari, has accused the government and security officials of…
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Elohor AIBONI Managing Director, Shell Nigeria Exploration and Production Company Ltd *The Bonga FPSO has resumed crude oil productionIncreased oil production is crushing oil theft in Nigeria as oil revenues are set to rise,…
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