NNPC Upstream Investment Services, NUIS, a subsidiary of NNPC, yesterday disclosed that it has entered an agreement with its partner, Chevron Nigeria…
Oil and Gas
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Nigeria will need to invest up to $425 billion in mixed energy sources in order to attain stability by the year 2060,…
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The price of Dual Purpose Kerosene, DPK, also commonly known as Kerosene, is gradually getting out of the reach of the average…
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Kogi has finally joined the league of oil producing states in Nigeria as it received the first derivation allocation from the Federation…
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Pan-Niger Delta Forum, PANDEF, led by the South South leader, Chief Edwin Clark has asked President Muhammadu Buhari to as a matter…
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President Muhamadu Buhari has sacked the Sole Administrator of the Niger Delta Development Commission (NDDC), Effiong Akwa. No reason was given for…
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Nigeria Minister of State Petroleum Resources Chief Timipre Sylva said that the Organisation of Petroleum Exporting Countries OPEC, decision to cut two…
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Niger Delta, the Environmental Rights Action/Friends of the Earth Nigeria, has in a report alleged that current divestment process by oil companies…
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National Petroleum Investment Management Services, NAPIMS, has inspected the major illegal connection on the Forcados export line that was reported by one of…
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NewsOil and Gas
Corruption, incompetence in NNPC: Peter Obi, El-Rufai, Lamido Sanusi have vindicated us—CNPP
Conference of Nigeria Political Parties (CNPP) has said that President Muhammadu Buhari reinforced corruption in the country the very day he inaugurated…
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OPEC+ member states lined up on Sunday to endorse a steep production cut agreed this month after the White House, stepping up…
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EconomyNewsOil and Gas
IMF urges Nigeria to use petrol subsidy proceed to support vulnerable households
The International Monetary Fund, IMF, has called on the Federal government to redirect the money spent on petrol subsidy to support vulnerable…
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The Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, says the Dangote petroleum refinery is at 97 per cent completion. NMDPRA’s Chief…
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The President of the Senate Ahmad Lawan says Nigeria loses one million barrels of crude oil daily to crude theft. He made…
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The Nigerian Midstream and Downstream Petroleum Regulatory Authority , NMDPRA has said that the current fuel scarcity in Abuja and other surrounding…