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•House checks impact on the economy •We have no solution to crude oil theft, says NNPC Crude oil price moved by around eight per cent yesterday, a day after the biggest rout in nearly 30 years as investors eyed the possibility of…
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The new coronavirus outbreak can now be characterised as a pandemic, the head of the World Health Organization said Wednesday. “COVID-19 can be characterised as a pandemic,” WHO chief Tedros Adhanom Ghebreyesus told reporters in Geneva.…
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Mele Kyari, Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC) on Wednesday painted a gloomy picture of tougher times ahead for the Nigerian economy on the back of latest developments in the global oil…
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Africa’s richest man, Aliko Dangote, will begin production of oil from two assets he snapped up from Royal Dutch Shell Plc in July, adding a new source of income to a fast-expanding business empire. In an interview with Bloomberg, the…
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OPEC and non-OPEC states might need to meet again to reconsider production cuts, Nigeria’s oil minister said on Monday, expressing frustration with the collapse in oil prices after Saudi Arabia and Russia embarked on a battle for market…
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The Department of Petroleum Resources (DPR), in a low key ceremony, rently honoured members of its staff who attained 10 years of meritorious service to the Department. The Director/CEO Engr. Sarki Auwalu MNSE represented by Assistant…
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•Gbajabiamila, NNPC differ on $20.4bn loss to oil theft The House of Representatives has raised the alarm over the sharp fall in global oil prices, noting the adverse effect it will have on Nigeria’s economy, especially the…
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The Director/CEO of the Department of Petroleum Resources represented by Lagos Zonal Operations Controller, Engr Ayorinde Cardoso declared open the 2020 Annual Oil Spillage Contingency Plan Activation and HSE Audit Exercise for Nigerian…
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By Mahmud Jega Nearly every observer saw it coming, that the protracted battle between Kano State Governor Abdullahi Umar Ganduje and Emir of Kano Muhammadu Sanusi II would sooner result in the latter’s deposition from the centuries-old…
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In anticipation of the passage of the Petroleum Industry Bill (PIB) which seeks to categorize existing Oil and Gas industry players into Policy, Regulation and Operations concerns, the Ministry of Petroleum Resources’ Gas Department has…
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