Since harmonised PIGB was passed by NASS
Timipre Sylva, Mele Kyari to discuss crude theft at NEITI’s policy dialogue
Timipre Sylva, the minister of state for petroleum resources, and Mele Kyari, the group managing director of the Nigeria National Petroleum Corporation (NNPC)!-->!-->!-->…
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NNPC Subsidiary IDSL, Rakes In N19bn Revenue In 2018
-By Kenny Folarin
The Integrated Data Services Limited, IDSL, a subsidiary of the Nigerian National Petroleum Corporation (NNPC), has recorded steady increase in its revenue base, raking in N5.5billion in 2016, N7.6billion in 2017 to!-->!-->!-->…
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OPEC, Allies Agree On 500,000bpd Oil Cuts
-By Kenny Folarin
The Organization of Petroleum Exporting Countries (OPEC) and its allies led by Russia, yesterday in Vienna, agreed on additional output cuts of 500,000bpd. It is said to be one of the deepest output cuts this!-->!-->!-->!-->!-->…
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Focus on gas development, Kyari tells PETAN
The Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has charged oil service operators, under the aegis of the Petroleum Technology Association of Nigeria (PETAN), to focus more on gas!-->…
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FG begins moves to recover N20trn from 6 defaulting oil companies
The federal government is said to have commenced a fresh move to recover about N20 trillion from six defaulting oil companies as part of the revenue accruing to Nigeria.
The Nation puts the amount at about $62,190,679,793.00 billion!-->!-->!-->…
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OPEC President Celebrates Nigeria, Saudi Oil Ministers
His Excellency Manuel Salvador Quevedo Fernandez, Venezuela’s People’s Minister of Petroleum and President of the OPEC Conference 2019, welcomed Nigeria’s Minister of State for Petroleum Resources, Chief Timipre Sylva and the Saudi Energy!-->…
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Roundtable on Beneficial Ownership Register held
*Petroleum Minister fully represented
The Honorable Minister of State for Petroleum Resources, Chief Timipre Sylva was Thursday represented by his Chief of Staff/Senior Technical Assistant, Engr. Moses Olamide at the Roundtable on!-->!-->!-->…
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NNPC: What Is Operation White?
The Federal Government of Nigeria (FGN) inaugurated 89 individuals from five (5) different key agencies to ensure and enforce transparency and accountability in the distribution of petroleum products in the country.
Speaking at a brief!-->!-->!-->…
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OPEC Meets in Vienna, Nigeria Complies With Oil Cuts Agreements
-By Kenny Folarin
The Organization of Petroleum Exporting Countries (OPEC) is meeting in Vienna on Thursday to, among others, review oil cut agreements and deal with developments in the global volatile market.
The global oil!-->!-->!-->!-->!-->!-->!-->…
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‘IDSL Records N19bn Revenue in 2018’
The Integrated Data Services Limited, IDSL, a subsidiary of the Nigerian National Petroleum Corporation (NNPC), has recorded a significant increase in its revenue base from N5.5billion in 2016, N7.6billion in 2017 to N19.033billion in!-->!-->!-->…
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