Buhari approves judicial panel of enquiry over allegations against suspended Magu
President Muhammadu Buhari has approved the establishment of a Judicial Commission of Enquiry to investigate the alleged financial impropriety and mismanagement of recovered assets levelled against the suspended Acting Chairman of the!-->…
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Rivers community seeks government intervention over NAOC’s oil spill
Obrikom community in Ogba/Egbema/Ndoni LGA of Rivers State, has called out for government’s intervention following an oil spill from a facility operated by the Nigerian Agip Oil Company, NAOC.
According to the community, the oil spill!-->!-->!-->…
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Kaduna Electric partners Kaduna Refinery on power supply
The Management teams of Kaduna Electric and Kaduna Refining and Petrochemicals Company (KRPC) have reached an agreement to connect KRPC to the national grid.
This followed the signing and exchange of contract documents which held at the!-->!-->!-->…
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UBA Provides $200m To Nigeria’s Petroleum Industry For Post COVID Economic Growth
The United Bank for Africa Plc (UBA), the leading pan-African financial services group, has acted as Facility Agent Bank for the Nigerian Commercial Banks in a consortium with other international banks in a $1.5 Billion Pre-Export Finance!-->…
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Exxon Mobil Nigeria gets new Chairman/Managing Director
ExxonMobil on Saturday announced the appointment of Richard Laing as Chairman and Managing Director of its three affiliates in Nigeria.
The Manager, Media and Communications, ExxonMobil, Ogechukwu Udeagha, confirmed this in a statement!-->!-->!-->…
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Imo State moves to recover disputed oil wells from Rivers State
The efforts of the government of Senator Hope Uzodinma to boost the economy of Imo State has received a huge boost following the move by the government to recover some oil wells wrongly ceded to Rivers State.
Imo and her neighboring!-->!-->!-->…
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NNPC provides conditions for relocation of tank farms and petroleum products depots
The Nigerian National Petroleum Corporation (NNPC) has advised against a swift relocation of tank farms from their current locations along Ijegun, Kirikiri areas in Lagos and other parts of the country in order to avoid a dislocation in!-->…
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NNPC Signs Pact with Partners to Resolve OML 130 Dispute (updated)
…Resolution Will Immediately Unlock about $510million of Gas Revenue
In its bid to meet the target of revving up production to 3million barrels per day and unlock gas revenues to the tune of about $225 million in the short term and!-->!-->!-->…
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Buhari to Commission NCDMB’s 17-Storey Hqters in Yenagoa
President Muhammadu Buhari will on Thursday next week commission the newly completed 17-storey headquarters building of the Nigerian Content Development and Monitoring Board (NCDMB), located at Swali, Yenagoa, Bayelsa State.
Mr.!-->!-->!-->…
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Fuel scarcity looms in Lagos, its environs as tanker drivers begin strike Monday
Nigeria Union of Petroleum and Natural Gas Workers, NUPENG, Friday directed members of the Petroleum Tanker Drivers, PTD, in Lagos zone, to shut fuel distribution in and its environs over take-over access roads to tank farms and fuel!-->…
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