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Seplat Petroleum Development Company Plc plans to acquire more assets in the exploration and production sector of the Nigerian oil industry while aggressively pushing for organic growth. Chief Executive Officer, Seplat Petroleum…
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By Emmanuella Edun-Adedeji. This subject is a tall order in the implementation of man's primary make-up, yet it is one most people love to shy away from. Passing the buck is as old as time, it was clearly evident in the Biblical garden…
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…Vows to curb pipeline vandalisation The Nigerian Pipelines and Storage Company (NPSC), one of the downstream subsidiaries of the Nigerian National Petroleum Corporation (NNPC), on Thursday, said it generated N44.4bn in…
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It may be unbelievable, but it looks to be true according to what Vice president Osinbanjo said to the gentlemen of the press. The Vice President was seen helping out a petrol attendant at an Oando fuel station in Lagos. The federal…
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Nigeria will close a $2.5bn financing agreement with Chinese lenders by the start of the second quarter of 2020 to fund the single biggest gas pipeline project in the country’s history, after months of holding talks with China on financing…
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The Joint Military Force deployed to protect oil infrastructure in the Niger Delta said on Saturday that it prevented more than 419 attacks on oil export facilities last year alone. The feat led to uninterrupted oil exports in the…
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US basketball legend Kobe Bryant has been killed in a helicopter crash in California, US media report. Bryant was travelling in a private helicopter when it burst into flames above the city of Calabasas, according to the reports. …
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Crude oil prices deteriorated sharply over the week, with Brent crude falling to $60.69 per barrel, the lowest in nearly two months. WTI dropped to $54.19 per barrel the lowest since October 2019. Pessimism seems to be back after fears…
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Timipre Sylva, the minister of state for petroleum resources, says the federal government is working on a transition from petrol and diesel-powered vehicles to gas-powered vehicles. This transition, he said, is necessary so that focus…
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Residents of Alagbole Cele bus stop, a busy Community in Lagos/Ogun State suburb are currently living in probable tension, as pipeline vandals are said to be scooping fuel from the shallow pipe that passed through the community. Just…
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