NMDPRA Warns Operators Against Violation Of Industry Laws, Regulations
Operators in the downstream and midstream segment of the Nigerian petroleum sector have been tasked to stick strongly to industry laws and operating standards or...
NUPRC To Tackle Funding Challenges Facing Companies
The Nigerian Upstream Regulatory Commission, (NUPRC), has moved to ease funding challenges faced by Nigerian companies that won 57 marginal fields in June last...
NNPCL Says 339m Litres Of Petrol Distributed In One Week
The Nigerian National Petroleum Company Limited has said a total of 339 million litres of petrol was distributed to 63 depots across the country...
Micking Wins Engine Oil Of The Year Award
Micking Engine Oil has won the Engine Oil of the year award at the recently held NAJA (Nigeria Auto Journalists Association) Awards. The event...
FG Yet To Approve Mobil Assets Acquisition-Seplat MD
Seplat Energy Plc has said the sale and purchase agreement to acquire the entire share capital belonging to Mobil Producing Unlimited, Nigeria for $1.28...
FG May Spend N5trn For Petrol subsidy In 2023 –Agusto & Co
Nigeria will spend a total of N5 trillion if the federal government carries on with the petrol subsidy regime in 2023.
Business rating and economic...
We Are Not Stopping Operations In Nigeria-Chevron
Chevron Nigeria Limited (CNL), operator of the joint venture with the Nigerian National Petroleum Limited (NNPC), has said it has no plan to exit...
MOMAN decries continues Subsidy Regime
The Major Oil Marketers Association of Nigeria (MOMAN) has decried the continuation of petrol subsidy, saying it has effectively affected industry players to deal...
Nigeria-Morocco gas pipeline: Nigeria signs MoU with Ghana, Gambia, Guinea Bissau
The Nigerian National Petroleum Company Limited has signed five Memoranda of Understanding with the national oil companies and relevant entities of five African countries on...
NNPCL, partners begin devt of 1bn barrels Kolmani oil field
President Muhammadu Buhari yesterday flagged off the Kolmani Integrated Development Project in Bauchi State, marking the commencement of efforts to commercially exploit oil in...