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Tag: Oil

Britain to invest in Nigeria’s pipeline infrastructure, gas, power

The British Government has said that it is ready to invest in

Nigeria will unite through diversification of economy – Minister

Hajia Aisha Abubakar, the Minister of State for Trade and Investment on

NEITI urges FG to save portion of oil, gas revenue for future

The Nigeria Extractive Industries Transparency Initiative (NEITI) has called on the Federal

Court papers: How Aluko, Omokore laundered $1.76b stolen from NNPC

Court papers in Lagos Nigeria have detailed how oil businessmen, Kolawole Akanni

Nigeria Surviving on Niger Delta Oil – Gov. Dickson

Governor Seriake Dickson of Bayelsa State has said that the Nigerian project

NNPC owes Capital Oil N16bn — Ubah

The Chairman of Capital Oil, Mr Ifeanyi Ubah, on Thursday disputed claims

Oil market uncertainties will affect 2017 budget — Kachikwu

The Minister of State for Petroleum Resources, Dr Ibe Kachikwu, says the

Nigeria inches closer to 40bn barrels oil reserve target

The Nigerian National Petroleum Corporation (NNPC) says plans to grow the nation’s

Oshiomhole calls for diversification of oil, gas industry

The former Edo State Governor, Adams Oshiomole on Thursday called for the

FG says no plan to concession or sell refineries

The Federal Government said on Wednesday that it has no plans to

Niger Deltans Should Return Home, We Can’t Tolerate North’s Born-to-Rule Mentality – Niger Delta Militants

The Niger Delta Revolutionary Crusaders, (NDRC) a militant group in the Niger Delta

PIB passage will reform oil sector – Rep

A member of House of Representatives, Rep. Sergius Ogun, says passage of

Gov. Akeredolu orders dissolution of oil c’ttees in Ilaje, Ese-Odo

Gov. Oluwarotimi Akeredolu has dissolved all oil-related committees in Ilaje and Ese-Odo

Probe $15.9bn NLNG dividends theft, NEITI urges Reps

The Nigerian Extractive Industry Transparency Initiative (NEITI) has urged the House of

Shell-Nigeria pledges support for Lagos Ibile Oil and Gas project

The Shell Nigeria Exploration and Production Company Limited (SNEPCo), has pledged to

Equatorial Guinea signs oil production-sharing deal with ExxonMobil

Equatorial Guinea has signed a production-sharing contract for offshore block EG-11 with

Oil Spill: Environmentalist writes Bayelsa Gov., seeks help for impacted community

Mr Alagoa Morris, an Environmentalist, has written a protest letter to Gov.

Association commends NNPC for oil search in Chad, Benue trough

The Petroleum Technology Association of Nigeria (PETAN) on Friday, commended the Nigerian

NNPC mulls collaboration with Bayelsa on power, fertiliser plants

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC) on

OPEC oil output rises in May as cut-exempt Nigeria, Libya pump more

OPEC oil output rose in May, the first monthly increase this year,

Bio-fuel industry can make Nigerians economically self-reliant -PPPRA boss

Mr Abdulkadir Saidu, the Executive Secretary, Petroleum Products Pricing Regulatory Agency (PPPRA)

OPEC, non-OPEC members hold informal talks on new oil cuts

OPEC and non-OPEC ministers would meet on Wednesday for informal consultations in

Petrol price: Reps urge private marketers to put national interest above others

The House of Representatives Ad-hoc Committee on Review of Pump Price of

S. Sudan urges UN to push Sudan to resolve status of oil-rich Abyei

South Sudan on Friday called on the UN to push Sudan to

MD Oil and Gas Free Zone Authority lauds Dickson on investment drive

Umana Okon Umana, the Managing Director, Oil and Gas Free Zones Authority

Oil rises above $52 as Saudi, Russia back further output cut

Saudi Arabia and Russia, the world’s top two oil producers, agreed on

Fuel subsidy fraud: court adjourns trial of oil marketer to May 17

A Federal High Court Lagos, on Monday fixed May 17 for continuation

NNPC to resume oil exploration in Chad Basin in six weeks

The Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Dr Maikanti Baru

Saudi Energy Minister says may extend oil output cuts beyond 2017

Saudi Arabia’s Energy Minister, Khalid Al-Falih, said on Monday that oil markets

Nigeria loses N780bn to illegal activities of oil thieves daily – Don

Nigeria is losing about N780 billion daily to the illegal activities of