Nigeria’s state oil firm NNPC Ltd is winding down crude swap contracts with traders and will pay cash for gasoline imports, its…
Category:
Oil and Gas
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NewsOil and Gas
Saudis to cut oil production by 1m barrels a day in July as OPEC+ extends output deal
Saudi Arabia will voluntarily cut production by 1 million barrels a day in July, alongside an agreement by the Organisation of the…
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The Director-General of the Nigerian Maritime Administration and Safety Agency, NIMASA, Dr. Bashir Jamoh OFR, said policies of the current administration at…
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Group Managing Director and Chief Executive Officer of the Nigerian National Petroleum Corporation Limited, Mele Kyari has said that plans by President…
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NewsOil and Gas
NNPC Limited confirms petrol price changes contrary to Tinubu recounting subsidy removal is not immediate
The Nigeria Labour Congress NLC has described Tinubu’s submission on fuel subsidy as insensitive, adding that “President Tinubu on his inauguration day brought tears…
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The Federal Competition and Consumer Protection Commission has said that in agreement with other agencies of government will enforce compliance to the…
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Senator Orji Uzor Kalu, has asked President Bola Tinubu to as a matter of urgency, scrap the Ministry of Niger Delta Affairs.…
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Shell Petroleum Development Company (SPDC), has unveiled eight Host Community Development Trusts, HCDTs, in Bayelsa State, a critical step for unlocking the…
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In an epoch-making event that will positively transform Nigeria’s oil and gas sectoral landscape, President Muhammadu Buhari will commission Dangote Petroleum Refinery…
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The U.S., UK, Denmark and other countries have called for more action, including increased surveillance, over the booming practice of unregulated oil…
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NewsOil and Gas
12 NDDC board members get Senate node for N451m, N876bn Commission’s 2023 budget approved
Senate has approved a total sum of N451 million for the provision for aides to 12 members of the Niger Delta Development…
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Oil pollution in Bayelsa State was on the international focus as the report of the state’s Oil and Environmental Commission (BSOEC) was…
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The UK Supreme Court ruled on Wednesday that it was too late for Nigerian claimants to sue two Shell subsidiaries over a…
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Senate has begun probe of the Niger Delta Development Commission, NDDC over alleged unauthorised spending by Niger- Delta Development Commission (NDDC) for 2021…
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EconomyOil and Gas
Transcorp Power, fulfil all privatisation obligations, receives discharge certificate from BPE
Transcorp Power Limited, Nigeria’s leading power generation company, located in Ughelli Delta State, with an installed capacity of 972MW, was presented with a…