South Sudan increase oil production by 6,000 barrels
South Sudan Petroleum Minister, Awow Chuang, on Wednesday, disclosed that the country had increased its oil production by 6,000 barrels.
Chuang told state-owned radio South...
NNPC to reveal details of contracts later this month
Nigerian National Petroleum Corporation (NNPC) Group Managing Director - Malam Mele Kyari, on Tuesday, disclosed that the oil firm would reply to calls for...
NNPC commends military for oil sector security, seeks support for relaunch of activities in...
The Group Managing Director, Nigerian National Petroleum Corporation - Mr Mele Kyari, has commended the country’s military for providing a secure environment for the...
5.61Bn litres of Petrol imported in Q2, 2019 – NBS
The National Bureau of Statistics (NBS), has disclosed that 5.61 billion litres of Premium Motor Spirit (PMS), commonly referred to as petrol was imported...
DPR seals 53 filling stations and four gas plants in Kaduna
The Department for Petroleum Resources (DPR), revealed that it has sealed 53 filling stations and four Gas plants in Kaduna state, for non-compliance to...
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...
