OIL AND GAS

The Nigerian national Petroleum Corporation (NNPC) has commenced the publication of details of its petroleum products supplies nationwide. The move, the management said yesterday, is to further deepen the culture of transparency in the…

…….Tasks oil industry stakeholders on innovation, technology Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has said that following the recent significant oil discovery in the Kolmani…

The African Export and Import Bank (AFREXIMBANK) has expressed interest in participating in the refinancing of critical projects in Nigeria’s oil and gas industry, including the Ajaokuta-Kaduna- Kano (AKK) pipeline system. The bank’s…

Nigerian Petroleum Development Company (NPDC), an Upstream Subsidiary of the Nigerian National Petroleum Corporation (NNPC), has disowned a recruitment exercise being orchestrated by miscreants employing text messages, social media…

A total of 251 firms has been confirmed as submitting bids for insurance broker for oil assets while 253 firms submitted bids for non-oil assets for the Nigerian National Petroleum Corporation (NNPC). The group managing director of…

……Border Town Energy, Telecom Service, Others At Risk Operatives of the Nigeria Customs Service (NCS) are believed to have commenced a nationwide crackdown on delivery tankers belonging to the Independent Petroleum Marketers Association…

Comptroller General of the Nigeria Customs Service, Col Hameed Ali (Rtd) has sought the permission of lawmakers in the House of Representatives to return erstwhile import taxation on petroleum products. At the budget defence of the…

The Nigerian National Petroleum Corporation (NNPC) and the United States Trade and Development Agency (USTDA) have concluded arrangement to sign a $1.16 million grant as part funding for the NNPC-Abuja Independent Power Project (IPP)…

………As NNPC activates Safe-To-Load Initiative Nigerian ministry of petroleum resources in collaboration with the National Petroleum Corporation (NNPC) have activated the Safe-To-Load Initiative to mitigate incessant petroleum products…

……..Senate asks NNPC to review pipeline ………Orders NNPC to refund N382.2m to Treasury The National Assembly is set to amend the National Oil Spill Detection and Response Agency (NOSDRA) Act to prevent the activities of pipeline…

Group managing director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has challenged the board of directors and management of the NNPC Retail Limited to sustain the company’s culture of delivering unadulterated…

….Promises transparency and merit Nigerian National Petroleum Corporation (NNPC) has assured that only the most eminently qualified company from the 42 companies, who submitted bids for the lead insurer contract, would emerge in the…

Uganda has joined the crude oil exporters club, with prospects for the hydrocarbon sector in the country looking bright. Reports say the country will soon export its first crude oil from its Lake Albert oil discovery to the international…

The rights of citizens of Nigeria living at the border areas have been cut shot given a new directive by the federal government, through the Nigeria Customs Service, directing that henceforth petroleum products should not be supplied to…

French oil giants, Total has put up for sale its 12.5% stake in a major deepwater oilfield off the coast of Nigeria. The move is believed to be in the effort to adjust the energy company’s Africa portfolio amid a broad expansion, Reuters…

Nigeria Extractive Industries Transparency Initiative NEITI) has said that Nigeria lost over $41.9 billion to theft of crude oil and refined petroleum products between 2009 and 2018. A breakdown shows that Nigeria lost $38.5 billion on…

Nigerian National Petroleum Corporation (NNPC) has concluded plans to partner with the Lagos state government, depot owners and petroleum tanker drivers to address infrastructural challenges that have perennially hampered products…

Nigeria’s national oil corporation, the National Petroleum Corporation (NNPC), has expressed commitment to providing a healthy, safe working environment and work equipment to its workforce and other players in the oil and gas industry in…

………Senate sets to review laws against defaulters  The Nigerian Senate has been told that federal government recorded a revenue loss to the tune of N197 billion from a total of 215.9 billion standard cubic feet of natural gas flared in…

Nigeria’s oil industry regulatory body, the Department of Petroleum Resources (DPR) has commenced the Radiometric survey of the Bida Basin, Niger state in line with the government’s aspiration to diversify hydrocarbon exploration across…