Reps summon NNPC, NAPIMS, Oando, Agip over $16.5m debt
The Nigeria National Petroleum Corporation (NNPC) and multi-national oil company, Agip, yesterday failed to appear before the House of Representatives Committee on Petroleum Upstream over an alleged failure of Agip to pay a $16.5 million!-->…
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Nigeria: Opec-Nigeria Discuss Post Covid-19 Oil Recovery
The OPEC-Nigeria Bilateral Meeting that held last week has sent yet another signal of the strong cooperation between the Organization of Petroleum Exporting Countries (OPEC) and Africa's biggest producing country.
A statement by APO!-->!-->!-->…
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Oil theft: Court orders forfeiture of 13 barges, tugboats to govt
The Economic and Financial Crimes Commission, EFCC, has secured the final forfeiture of 13 barges and tugboats before Justice M.I. Sani, of the Federal High Court in Port Harcourt, Rivers State.
The barges and tugboats were seized at!-->!-->!-->…
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DPR could add 10 more marginal oil fields to 2020 bid round
The Department of Petroleum Resources, DPR could add 10 more marginal oil fields to the 57 already on the list for the 2020 bid round, SweetcrudeReports findings have shown.
This follows a Federal High Court rejection of an application!-->!-->!-->…
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Seplat to drill two gas wells in 2020 as cash reserves hit $343m
Seplat Petroleum Development Company Plc, a leading Nigerian independent energy company listed on both the Nigerian Stock Exchange (NSE) and the London Stock Exchange (LSE), said it is set to drill two gas wells this year, as it announced!-->…
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NNPC, Abigail-Joseph FPSO’s vessel returns to Nigeria
The Nigerian National Petroleum Corporation, NNPC, and First Exploration & Petroleum Development Company Limited, First E&P, have announced the arrival of the Abigail-Joseph Floating Production Storage and Offloading, FPSO, unit to!-->…
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Oil theft: SPDC records 17 spill incidents in June 2020
*1,266 barrels spilled
Despite ongoing COVID-19 pandemic ravaging the country, a total of 17 oil spill incidents was recorded by the Shell Petroleum Development Company of Nigeria, SPDC, in the month of June 2020, as a result of oil!-->!-->!-->…
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Stevedores accuse IOCs of flouting Nigerian laws
The National Association of Stevedoring Companies has accused the International Oil Companies, IOCs, operating in the country of flouting the nation’s laws.
Speaking to Sweetcrudereports, the President of the group, Mr. Bolaji Sunmola,!-->!-->!-->…
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Fix electricity to boost Nigeria’s manufacturing sector – PENGASSAN
The Petroleum and Natural Gas Senior Staff Association of Nigeria, PENGASSAN, has charged the Federal Government to revive the manufacturing sector by deregulating electricity, in other to boost the nation’s economy.
PENGASSAN, an!-->!-->!-->…
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Marginal fields bid: DPR hints on next stage of action
The Department of Petroleum Resources, DPR, has hinted on the next stage of action for oil companies involved in the 2020 marginal fields bid round.
It said once the current pre-qualification hurdle has been passed, the next steps would!-->!-->!-->…
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