Oil & Gas

August 21, 2017 - 10:58:04 am

The Minister of Petroleum Resources, Dr Ibe Kachikwu, has decried the high cost of oil production at 32 dollars per barrel,...

President of Nigerian Gas Association, Eng Dada Thomas (L) and the Group Managing Director of NNPC, Dr. Maikanti Baru when Thomas led members of the Nigerian Gas Association on a visit to NNPC headquarters in Abuja last week.

August 14, 2017 - 11:11:36 am

Even as Nigerians were still commending the Nigerian National Petroleum Corporation (NNPC) for the recent crash in the price of...

August 14, 2017 - 11:01:17 am

Following the recent tank farm fire disaster at the Calabar Free Trade Zone, the Nigerian Ports Authority last week called on...

August 14, 2017 - 10:58:26 am

From September 1, all the activities between the Nigerian Content Development and Monitoring Board (NCDMB) and its clients – oil...

August 14, 2017 - 10:56:23 am

From September 1, all the activities between the Nigerian Content Development and Monitoring Board (NCDMB) and its clients – oil...

August 14, 2017 - 10:44:44 am

The Economic and Financial Crimes Commission (EFCC) in North-west zone in Kano has recovered N328.9billion from alleged...

GMD of NNPC, Dr. Maikanti Baru (right) signing a deal on Alternative Financing of the Sonam Project (Project Falcon) in London last week, while Jefferey Ewing Managing Director and Chairman Chevron Nigeria Limited signed on behalf of his company.  The Sonam Project, a Joint Venture is expected to develop incremental proven oil reserves of 211mmbbls and proven gas reserves of 1.9Tcf within OMLs 90 & 91.

August 07, 2017 - 11:32:32 am

Even though the Federal Government has consistently assured Nigerians that the country will stop importing refined petroleum...

August 07, 2017 - 10:55:14 am

Managing Director/Chief Executive Officer Total upstream companies in Nigeria, Mr Nicolas Terraz, has said that the firm would...

August 07, 2017 - 10:51:52 am

The Petroleum Equalisation Fund (Management) Board and the National Bureau of Statistics (NBS) have set up a committee to...

August 07, 2017 - 10:44:52 am

The Minister of State for Petroleum Resources, Dr Ibe Kachikwu, has lamented the loss of 300 billion dollars in oil investments...

August 07, 2017 - 10:42:15 am

The Minister of State for Petroleum Resources, Dr Ibe Kachikwu, has lamented the loss of 300 billion dollars in oil investments...

August 07, 2017 - 10:36:02 am

The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Mr. Simbi Kesiye Wabote has stated that...

 Minister of Petroleum Resources, Ibe Kachikwu (R) and the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC) Dr. Maikanti Baru during a press briefing in Abuja last week

July 31, 2017 - 11:20:09 am

Petroleum tanker and maritime truck drivers have raised alarm, saying that they are currently having a bad time navigating...

July 31, 2017 - 11:16:54 am

Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB); Engr. Simbi Kesiye Wabote has said that the...

July 31, 2017 - 11:13:30 am

Immediate Past President of Nigerian Association of Liquefied Petroleum Gas Marketers, Chief Basil Ogbuanu, last week  appealed...

July 31, 2017 - 11:03:13 am

The Nigeria Extractive Industries Transparency Initiative (NEITI) has called for the transfer of all the country’s oil revenue...

July 31, 2017 - 10:58:15 am

The recent reported directive by the Acting President;  Yemi Osinbajo, to international oil companies (IOCs) to relocate their...

 Group Managing Director of NNPC, Dr. Maikanti Baru (Right) receiving an award from the Nigerian Institution of Mechanical Engineers led by Engr Ugochukwu Nzurumike to NNPC headquarters in Abuja last week

July 24, 2017 - 11:11:32 am

The Senate has endorsed the private-public partnership (PPP) for the repair of the country’s four refineries, even as the...

July 24, 2017 - 11:09:45 am

The Federal Government has revealed plans to make liquefied petroleum gas (LPG) the primary domestic fuel for cooking in all...

July 24, 2017 - 11:02:16 am

Nigeria will cease to import petroleum products and totally depend on its own refined products from 2019, the Minister of State...

July 24, 2017 - 10:59:58 am

The Nigerian National Petroleum Corporation (NNPC) says it supplies five million litres of Dual Purpose Kerosene (DPK) consumed...

July 24, 2017 - 10:48:16 am

The Senate Joint Committee on Petroleum Resources (Upstream) and Gas Resources has commenced investigation into the...

July 17, 2017 - 12:31:26 pm

Fresh indications have emerged that the Truck Transit Park (TTP) project of the Federal Government being spearheaded by the...

July 17, 2017 - 12:06:42 pm

The Chairman of Capital Oil, Mr Ifeanyi Ubah, has disputed claims that he was owing  Nigerian National Petroleum Corporation (...

July 17, 2017 - 11:52:53 am

The Minister of State for Petroleum Resources, Dr Ibe Kachikwu, says the 2017 budget implementation will be affected by growing...

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