Fuel scarcity looms as NUPENG issues 3-week ultimatum to FG
Nigeria could be hit by fuel scarcity in the second week of January 2020, if the federal government and the National Union of Petroleum and Natural Gas Workers (NUPENG) do not reach a resolution in the latter's demand.
The Petroleum!-->!-->!-->…
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‘NOGIC Act Has Saved Nigeria $2bn, Created 38,000 Jobs’
-By Kenny Folarin
The President of the Oil and Gas Trainers Association of Nigeria, (OGTAN), Dr. Mayowa Afe, has stated that the Nigerian Oil and Gas Industry Content (NOGIC) Act 2010, has enabled Nigeria to save $2 billion.
He added!-->!-->!-->!-->!-->…
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Norway seeks onshore-offshore collaboration with Nigeria on gas
-By Kenny Folarin
Norwegian ambassador to Nigeria, Jens-Petter Kjemprud, has outlined the prospects of an onshore-offshore collaboration between Nigeria and the Kingdom of Norway on gas.
Kjemprud sought collaboration between the!-->!-->!-->!-->!-->!-->!-->…
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DPR promises 3mbpd oil production by 2020
-By Kenny Folarin
The Department of Petroleum Resources, DPR, says it would do all in its capacity to ensure Nigeria attained three million barrels crude oil production per day in 2020.
Engr. Enorense Amadasu, Deputy Director and!-->!-->!-->!-->!-->!-->!-->…
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Crude Oil, Gas Export: NNPC Records 52.84% Increase In Sept
… As Corporation’s Monthly Financial Operations Report Marks 50th Edition
The Nigerian National Petroleum Corporation (NNPC) has announced crude oil and gas export sale of $355.93million in September 2019, indicating a significant!-->!-->!-->!-->!-->…
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Why Adoke will spend Christmas in detention: 12 facts on Malabu Oil Deal
As Nigerians prepare to enjoy their Christmas holidays, a man who may not is Mohammed Adoke, former Attorney General of the Federation. He is being detained by the Economic and Financial Crimes Commission (EFCC) over the $1.06billion!-->…
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NNPC dollar payments to federation account dip by 30.50%
The Nigerian National Petroleum Corporation (NNPC) said it recorded a total export sale of $232.87 million in August 2019, decreasing by 30.50 per cent compared to the previous month.
Crude oil export sales contributed $150.73 million!-->!-->!-->…
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11 Nigerian Govs Storm Dangote Refinery Site
Eleven Nigerian governors on Friday stormed the Dangote Refinery and Petrochemicals in Lekki, Lagos to have on the spot assessment of the massive project.
The governors are Ahmadu Umaru Fintiri (Adamawa), Okezie Ikpeazu (Abia),!-->!-->!-->!-->!-->…
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NNPC adopts new strategy to deal with pipeline vandalism
The recurring pipeline vandalism, which has done a lot of damage to both the Nigerian environment and the economy at large, may be a thing of the past, if the recent involvement of host communities by the Nigerian National Petroleum!-->…
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Forte Oil changes name to Ardova Plc
-By Kenny Folarin
In a notice filed at the Nigerian Stock Exchange on Wednesday, the company said the change of name was approved by its shareholders at an Extra-ordinary General Meeting, which held in Lagos on Tuesday.
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