Defence Headquarters has said crude oil theft had dropped from 60,000 barrels per day (bpd) to 23,000. The Chief of Training and…
Category:
Oil and Gas
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The Federal High Court has in Abuja declared the Federal Government policy on deregulation of the downstream sector as unconstitutional. Mr Bamidele…
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Rep. Abdulmumin Jibrin, the Chairman, House of Representatives Committee on Finance, has alleged that the NNPC has never paid revenue it generated…
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Managing Director, Nigerian Liquefied Natural Gas (NLNG) Mr Babs Omotowa says Nigeria is producing about 23 million tonnes of gas annually. Omotowa…
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Royal Dutch Shell declared force majeure on the Nigerian Bonny Light crude oil grade due to a leak on a pipeline, a…
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The Petroleum Industry Bill (PIB) generated strong debates in the Senate in Abuja on Monday with majority of the Northern senators demanding…
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Nigeria Liquefied Natural Gas Company (NLNG) has appointed France’s BNP Paribas and GT Bank to help raise around $1.6 billion for six…
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The Minister of Petroleum Resources, Mrs Diezani Alison-Madueke, on Tuesday said government would reduce gas flaring from 11 per cent to two…
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The Pipelines and Product Marketing Company (PPMC) has called on the international community to criminalise the buying of stolen Nigerian crude and…
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The Transmission Company of Nigeria (TCN) says that power generation improved to almost 4, 500 mega watts from 4, 286 mega watts…
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The United States Alumni Engagement Innovation Team has said that 1.89 million barrels of oil spilled in the Niger Delta between 1976…
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A Lagos High Court in Igbosere hearing an oil subsidy fraud case against Abubakar Peters on Tuesday ordered his continued remand in…
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Mobil Producing Nigeria (MPN) says it has lifted the ‘Force Majeure’ it declared on its Qua Iboe crude oil streams, following an…
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Nigeria still hopes to have an oil licensing round for marginal fields before the end of this year, the oil minister told…
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Minister of Petroleum Resources Mrs Diezani Alison-Madueke, in Abuja described the fiscal terms proposed in the Petroleum Industry Bill (PIB) as fair.…