The controversy surrounding the renewal of the $1.3Billion Pipeline Surveillance Contract took a new turn at the weekend with major Ex-militant leaders across the Niger Delta region accusing… Read More
Oil was discovered in Nigeria in 1956 at Oloibiri in the Niger Delta after half a century of exploration. The discovery was made by Shell-BP, at the time the sole concessionaire. Nigeria joi… Read More
Data show country barely drilled 60% of 1.88 million bpd budget benchmark-$30bn Brass, Olokola LNG projects suffer 19 years delay despite lucrative gas market -IOCs spent over $1bn on proje… Read More
13 of Nigeria’s 29 crude oil terminals record low outputs between July and SeptemberData from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) shows that the production o… Read More
The epileptic power situation witnessed across the country since the beginning of the year is expected to worsen further, as the Nigerian National Petroleum Corporation, NNPC, Thursday, ann… Read More
Seplat Energy Plc, has reported a rise of 238% in its half year 2022 profit before tax (PBT) to $209.9million from $62.1million year-on-year. The company also maintained a strong balance sh… Read More
South African petrochemicals giant Sasol said on Wednesday it would sell its indirect interest in the Escravos gas-to-liquids (EGTL) plant in Nigeria to Chevron for an undisclosed sum.
The w… Read More
Mr Mele Kyari, Group Managing Director, Nigerian National Petroleum Corporation, said the Federal Government has set up plans to expand access to Liquefied Petroleum Gas (LPG), also known as… Read More
The Managing Director and Chief Executive Officer of Nigerian Railway Corporation (NRC), Engr. Fidet Okhiria, weekend disclosed that the Nigerian National Petroleum Corporation (NNPC) is cur… Read More
The nation’s gas exports have rebounded from the COVID-19 pandemic, rising for the fourth straight month in July to 115.71 billion cubic feet, the highest level in more than a year.
Ni… Read More
The Transmission Company of Nigeria (TCN), announced that it has lost the sum of N1.7 billion this year due to vandalism on its facilities in Maiduguri and surrounding towns.
This was di… Read More
Nigeria’s oil production growth will remain impeded in 2021 as it faces teething technical and operational issues, which are being exacerbated by the recent rise in pipeline leaks and… Read More
Niger Delta militants threaten to shut down oil stations (NDDC)
Militant groups in the Niger Delta region have threatened to shut down major oil flow stations, wells and crude de… Read More