Oil & Gas
-
PIB: Host communities disagree with Minister, demand 10% share
The National President of the Host Community of Nigeria Producing Oil and Gas, Benjamin Tamaranebi, on Sunday insisted that the…
Read More » -
EFCC re-arraigns oil firm directors over N1.4 trillion alleged fraud
The Economic and Financial Crimes Commission (EFCC) yesterday re-arraigned four directors of an oil firm, Petro Union Oil and Gas…
Read More » -
Despite vested interests, we’ll protect Nigeria’s interest in new PIB – Gbajabiamila
Despite the positions of any vested interest, the House of Representatives will ensure that it protects the interest of Nigeria…
Read More » -
Three moribund refineries incur N5.92bn expenses at zero production
The Nigerian National Petroleum Corporation (NNPC) has reported its three refineries incurred N5.92 billion expenses in September 2020 at zero…
Read More » -
Nigeria’s cooking gas consumption rises, exceeds 1m MT
The Petroleum Products Pricing Regulatory Agency on Tuesday announced that the consumption of Liquefied Petroleum Gas in Nigeria, popularly called…
Read More » -
OPEC backs electric vehicles, says oil remains relevant
The Organization of the Petroleum Exporting Countries (OPEC) has expressed its support for the adoption of electric vehicles in a…
Read More » -
Fuel subsidy returns as open market price of petrol hits N183 per litre
The increment in the price of crude oil at the international market has pushed the price of Premium Motor Spirit…
Read More » -
Elumelu’s Heirs Holdings acquires 45% of OML 17 from Shell, Total, ENI
Heirs Holdings, the leading African strategic investor, in partnership with affiliated company Transnational Corporation of Nigeria Plc, Nigeria’s largest publicly…
Read More » -
BREAKING: Shell sells stake in Nigerian oil block for $533m
The Shell Petroleum Development Company of Nigeria Limited has announced the completion of the sale of its 30 per cent…
Read More » -
NNPC seeks $1bn in oil prepaid deal to revamp Port Harcourt refinery
The Nigerian National Petroleum Corporation (NNPC) has begun talks with trading firms to raise about $1 billion in a prepayment…
Read More »