Oriental Energy confirms oil discovery in offshore Ebok field
Oriental Energy Resources Limited, OERL, who is a leading marginal field operator in Nigeria has confirmed oil discovery in two deep prospects that were...
Chevron recalls sacked NUPENG members after intervention by NNPC
The National Secretary of Nigeria Union of Petroleum and Natural Gas Workers, Afolabi Olawale, disclosed that Chevron Nigeria Limited had recalled sacked members of...
Power transmission frail despite TCN $1.63Bn investment – Gencos
The Association of Power Generation Companies has disclosed that the transmission of electricity across the country is still weak despite the interventions and claim...
NNPC decries increasing difficulty confronting oil projects, targets 3M BPD
The Nigerian National Petroleum Corporation revealed that it had become increasingly difficult to make investment decisions in oil and gas projects in Nigeria.
The Group...
Brent crude dips below $60 budget benchmark
The international oil benchmark, Brent crude, continued its plunge on Monday, trading below Nigeria’s $60 per barrel budget benchmark.
Brent, against which Nigerian crude oil...
NNPC GMD promises to deal with refining challenges
The Group Managing Director of NNPC - Malam Mele Kyari said that it is a shame that Nigeria remained a net importer of petroleum...
NNPC explains the increase in cost of kerosene
The Nigerian National Petroleum Corporation (NNPC) has credited the increase in the price of household kerosene in the country to the influence of demand...
No plans to relocate Nigerian Gas Company HQ- NNPC
The Nigerian National Petroleum Corporation has reassured stakeholders in Delta State and the Niger Delta that there are no plans to relocate the headquarters...
Electricity generation plunges to 2,500MW
Electricity generation in the country dropped to 2,500 megawatts on Saturday even though there was low load demand by the distribution companies.
According to the...
NUPENG suspends planned industrial strike
The Nigeria Union of Petroleum and Natural Gas Workers national leadership says it has suspended its planned strike earlier announced to begin on Tuesday,...
