Addax: Buhari Orders Restoration of OML 123, Others to NNPC
By Teddy NwanunobiBarely 48 hours after the Department of Petroleum Resources (DPR) commenced the process of formal handover of the revoked assets of Addax Petroleum Exploration Nigeria Limited to its new operators, Kaztech/Slavic!-->!-->!-->…
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ADITOP Hails NNPC’s Downstream Strides
A group of petroleum tanker owners in Nigeria under the auspices of the Association of Distributors and Transporters of Petroleum Products (ADITOP) has commended the Nigerian National Petroleum Corporation (NNPC) for its unrelenting!-->…
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DPR To Present Revoked Oil Lcences To New Operators
The Department of Petroleum Resources (DPR) has inaugurated a team of experts to evaluate the revoked four oil mining licenses from Addax Petroleum Exploration Nigeria Limited to a new operator – Kaztech/Slavic Consortium.Director of!-->!-->!-->…
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Power: NDPHC, BEDC seal agreement to deliver stranded 250MW
By Teddy NwanunobiThe Niger Delta Power Holding Company (NDPHC) and Benin Electricity Distribution Company (BEDC) have reached an agreement to deliver additional 250MW from stranded power to the customer within the franchise area.!-->!-->!-->…
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BREAKING: NNPC, SEEPCO Sign Gas Development Agreement
By Teddy NwanunobiPartners in the Oil Mining Lease (OML) 143, Nigerian National Petroleum Corporation (NNPC) and Sterling Exploration and Energy Production Company (SEEPCO), on Thursday in Abuja, signed a Gas Development!-->!-->!-->…
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NCDMB, Anoh Gas to Complete PH Training Centre
By Teddy NwanunobiThe Nigerian Content Development and Monitoring Board (NCDMB) has flagged off a partnership arrangement with Anoh Gas Processing Company Limited for the completion of the Centre for Skills Development and Training!-->!-->!-->…
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PIB: FG Makes Changes To Boost Offshore Oil Revenue
Minister, NNPC’s GMD Consulting With IOCs to Reach an Agreement
By Teddy NwanunobiThe desire to attract more oil investments has propelled the Federal Government to refine the Petroleum Industry Bill (PIB) with some key changes in!-->!-->!-->!-->!-->…
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Changes To Boost Offshore Oil Revenue
*Minister, NNPC’s GMD Consulting With IOCs to Reach an Agreement
By Teddy NwanunobiThe desire to attract more oil investments has propelled the Federal Government to refine the Petroleum Industry Bill (PIB) with some key changes in!-->!-->!-->!-->!-->…
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COVID-19: DPR Recommends Ag-RD Tests for Offshore Workers
By Teddy NwanunobiIn its desire to address the cost implications and psychological impacts on staff due to the current practice of mandatory 710 days isolation to and from offshore/remote locations, the Department of Petroleum!-->!-->!-->…
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US Slashes Oil Imports From Nigeria by 64.12% – EIA
By Teddy Nwanunobi
A report from the US Energy Information Agency (EIA) has revealed that the United States slashed its imports of Nigerian crude oil by 64.12 per cent in 2020 to the lowest in five years.Last year, the US bought!-->!-->!-->!-->!-->…
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