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The Nigerian National Petroleum corporation (NNPC) has said that it remitted N729.3billion and N602.30billion to the Federation Accounts and Joint Ventures (JV) respectively from July 2018 to July 2019. The NNPC July 2019 Monthly…
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The Nigerian National Petroleum Corporation (NNPC) and the National Institute for Security Studies (NISS) have stepped up inter-agency collaboration to ensure safety of oil assets in the country. The Group Managing Director of the NNPC,…
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Following the announcement made by the Nigerian National Petroleum Corporation (NNPC) that it has discovered oil in Alkaleri Local Council of Bauchi State, Governor Bala Muhammed said the development would not derail his administration…
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Schneider Electric unveiled new integrated energy solutions for the next generation across multiple market segments at the Innovation Day Lagos 2019 event held on the 10th of October 2019 at Lagos Continental Hotel, VI Lagos. In his…
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The energy sector gender pay gap (GPG) remained ­relatively high last year thanks in part to the ­traditionally male-dominated oil and gas sector – but the changing nature of employment could offer a chance for change. The North Sea…
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The Nigerian National Petroleum Corporation (NNPC) reportedly spent a whopping $396.33 million between 2013 and 2017 – a period of four years, to carryout repair works under the Turn Around Maintenance (TAM) scheme on three of its decrepit…
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A Central Bank of Nigeria’s (CBN) report has said that the Federal Government earned about N16.647 trillion from the petroleum industry, including crude oil and gas sales, royalties, petroleum profit tax, (PPT), and other sources from May…
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The Minister of State for Petroleum, Mr Timipre Sylva, on Thursday assured Nigerians that the Federal Government has no immediate plans to remove fuel subsidy. The minister made this known while fielding questions from legislators at a…
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The sum is the estimate of what the attorney general of the federation, Abubakar Malami, believes the country should have received, from a review of the revenue sharing formula in the Production Sharing Contracts signed with the firms in…
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The Director-General/Chief Executive Officer of National Oil Spill Detection and Response Agency (NOSDRA), Idris Musa, has said proceeds from illegal bunkering might have been used to finance militancy or insurgency. He said such…
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