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NNPC Selects Lead Insurer For Oil Assets

….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

Total Offloads Its 12.5% Stake In OML 118

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

Nigerian loses N197bn to gas flaring

………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