The Nigerian National Petroleum Corporation, NNPC, has said that its subsidiary, Kaduna Refining and Petrochemical Company, KRPC, is losing an average of N2.2 billion…
Oil and Gas
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Italian prosecutors have asked for the CEO of oil and gas group Eni Claudio Descalzi to be sent to trial over alleged…
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Nigeria has said it would set aside $50 billion to fund and stimulate investment in biofuels production in Nigeria. Governor of the…
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NIGERIA Agip Oil company, NAOC has ignored Nigeria legislators, that is the joint committee of the Senate and House of Representatives of…
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BusinessEconomyNewsOil and Gas
Mrs, Aiteo and 122 others show interest in offshore sale of Nigeria crude
Sahara Energy, Glencore, Gunvpr, Aiteo, MRS, Trafigura and 122 other companies, have expressed their willingness to serve as off-takers for 800,000 barrels…
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Omni Helicopters International S.A. (“OHI”), parent of Brazil’s leading offshore aviation specialist Omni Taxi Aéreo S.A. (“OTA”), and Omni Blu Aviation Ltd.…
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The U.S. Commercial Service Nigeria held a Single Company Promotion event in Lagos on January 26, 2017, to launch a new training…
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Economic and Financial Crimes Commission, EFCC, has secured a court order mandating the return of the controversial OPL 245 to the Nigerian…
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Federal Government has urged international oil companies, IOC, operating in the country to invest in the building of refineries in the country.…
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The Ministry of Mines and Hydrocarbons of Equatorial Guinea announces that it has submitted its interest to join the Organization of Petroleum…
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Nigeria Liquefied Natural Gas, NLNG, has said that its vessel has successfully discharged 13,000 tonnes of Liquefied Petroleum Gas, LPG, also known…
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The Nigerian Petroleum Development Company, NPDC, the upstream subsidiary Company of the Nigerian National Petroleum Corporation, NNPC, has given reasons for the…
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By Michael Eboh The Nigerian National Petroleum Corporation, NNPC, has called for an increase in royalties across all categories in the Deep…
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Nigeria Extractive Industries Transparency Initiative, NEITI, said that Federal, states and the local government councils got a total of N1.534 trillion as…
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Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, has said that the Nigerian government will no longer Carry out repairs of the…