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The Nigerian National Petroleum Corporation (NNPC) on Thursday said it would generate a total revenue of N19.545 trillion between 2021 and 2023. The Corporation stated this in an interactive session organised by the Senate Joint…
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Chief Timipre Sylva, Minister of State for Petroleum Resources, says the Petroleum Industry Bill (PIB) will be presented to the National Assembly in the next few weeks. Sylva said the Executive arm would be requesting the lawmakers to…
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The Nigerian National Petroleum Corporation (NNPC) on Thursday denied claims and invited a senate probe into alleged 48 million barrels of crude oil said to have been missing or stolen. There have been reports recently that some ships…
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Zenith Energy Ltd. (“Zenith” or the “Company”) (LSE:ZEN; OSE:ZENA-ME), the listed international oil & gas production company, is pleased to announce that it has successfully pre-qualified in the 2020 Marginal Field Bid Round (“2020 Bid…
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OPEC oil producers and allies such as Russia, a grouping dubbed OPEC+, meets on Wednesday to review compliance with oil cuts meant to support oil prices amid the coronavirus pandemic. OPEC+ is unlikely to change its output policy, which…
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Minister of State for petroleum Resources, Mr. Timipre Sylva, said that Nigeria has recorded its first investment in hydro-skimming modular refinery. The pioneer investment in the Azikel Refinery located in Yenagoa, Bayelsa State is…
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The Managing Director, Shell Nigeria Gas Ltd. (SNG), Ed Ubong, said on Wednesday that the COVID-19 pandemic had negatively impacted its business in the country. “COVID-19 has also impacted Shell businesses in Nigeria, Shell Nigeria Gas…
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The Nigerian National Petroleum Corporation (NNPC) on Wednesday said it would reduce importation of Liquefied Petroleum Gas (LPG) into the country when the 100 million standard cubic feet of gas capacity facility at Oredo flow station in…
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As part of measures to bridge the gap on access to reliable energy for manufacturing operations in the country, the Shell Nigeria Gas Limited, SNG, says it has connected over 150 kilometres of pipeline infrastructure specifically dedicated…
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The Minister of State for Petroleum Resources, Chief Timpre Sylva has said that the National Assembly (NASS) may have to suspend its 2020 annual recess in order to fast track the passage of the Petroleum Industry Bill (PIB) which he said…
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