The Director-General, Bureau of Public Enterprises (BPE), Mr Benjamin Dikki, said the non-passage of the Petroleum Industrial Bill (PIB) had hindered investors…
Oil and Gas
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27 ships laden with petroleum products, foods to arrive Lagos ports
Twenty-seven ships laden with petroleum products, food items and other goods are expected to arrive Apapa and Tin-Can Island ports in Lagos…
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The Federal Government approved the immediate payment of N413 billion to oil marketers as outstanding payment for subsidy claims. This is contained…
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N39bn debt hampering electricity generation at Egbin plant, says Chairman
The Chairman, Egbin Power Station, Mr Kola Adesina, on Monday said that the plant in Lagos was facing serious challenges following the…
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The Nigerian National Corporation (NNPC), says it has 26 crude oil grades to offer for sale to companies that would eventually win…
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The Nigerian National Petroleum Corporation, NNPC, yesterday, stated that 278 companies are vying to secure the contract for the trading of about…
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Oil marketers have commenced lifting petrol at Ejigbo depot in Lagos and Mosinmi depot in Ogun State with as many as over…
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ExxonMobil pumps first oil production at Erha North Phase 2 Project
ExxonMobil Corporation on Wednesday announced the pumping of first oil by its subsidiary, Esso Exploration and Production Nigeria Limited, ahead of schedule…
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The Nigerian National Petroleum Corporation (NNPC) Wednesday confirmed the cancellation of crude oil swap contracts as well as Offshore Processing Contracts (OPA),…
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Group Managing Director, Nigerian National Petroleum Corporation (NNPC) Dr Emmanuel Kachikwu, on Thursday, canvassed for speedy deregulation of the nation’s oil and…
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The Emir of Kano, Malam Muhammadu Sanusi II, on Thursday said that stopping oil subsidy would go a long way in stopping…
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The crash in the global price of crude oil has impacted negatively on the performance of the oil and gas sector in…
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NNPC appoints 4 new Group Executive Directors, MDs, trims top management staff
The Management of the Nigerian National Petroleum Corporation (NNPC) has appointed four new Group Executive Directors to man the four new directorates…
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The Federal Government has appointed Mr Mordecai Danteni Ladan, to oversee the activities of the Department of Petroleum Resources (DPR), a statement…
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Petroleum products depot owners, marketers edgy over unpaid N291bn subsidy claims
Depot owners and Petroleum Products Marketers Association (DAPPMA) on Wednesday expressed worries over what they called outstanding N291 billion subsidy claims to…