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Total Upstream Ltd in partnership with Nigerian National Petroleum Corporation (NNPC) and three other oil firms, on Tuesday inaugurated 10 projects worth one billion naira in eight northern states. At the ceremony in Abuja, Dr…
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Christine Lagarde will resign from the International Monetary Fund on September 12 as she awaits final word on her nomination to the presidency of the European Central Bank, she announced Tuesday. Her departure allows the IMF board to…
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Following the increase in stealing of petroleum product by vandals on Nigerian waterways, the Nigerian Navy said it has recovered and handed over to the Nigerian National Petroleum Corporation (NNPC) a total of 3,181 jerry cans of…
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The Nigerian Content Development and Monitoring Board (NCDMB) and Danvic Petroleum International have commenced the training of 18 lecturers of Geology and Geophysics on OpendTect Seismic Interpretation Software. The Software is widely…
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*Intercepts 924,322 petroleum products, *6,290 bags of rice About 131,085.06 barrels of crude oil and 29,612,202 litres of illegally refined products valued at about N8.4 billion have been…
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The Nigerian National Petroleum Corporation (NNPC) yesterday issued award letters to oil firms for the highly sought-after contracts to exchange crude oil for imported fuel. Under the new contract that will take effect this month, a…
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At last the Nigerian National Petroleum Corporation (NNPC) has officially shifted the deadline for ending Nigeria’s shameful dependence on imported refined petroleum products. Ibe Kachikwu, the immediate past minister of state for…
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The Department of Petroleum Resources (DPR), yesterday, reiterated its stance about non-tolerance of acts of infractions from licensed operators, even as it lifted the sanctions meted on a downstream marketing company, Petrocam Trading…
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The newly promoted Army officers have gotten new roles as the Army headquarters in a press release announced major shake-up in the top hierarchy Sunday night. One of them, Lt-Gen Lamidi Adeosun according to the new development…
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Amidst repeated calls for transparency in the governance of Nigeria’s opaque oil industry and delayed passage of Nigeria’s Petroleum Industry Bill, the Nigerian government’s recent renewal of oil licences may have been marred by…
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