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NNPC Ltd TO SUPPLY 80MMSCF/D GAS TO SSONIC PETROLEUM LTD FOR LNG PLANT.

The NNPC Gas Marketing Ltd (NGML), a subsidiary of the NNPC Ltd, and its Unincorporated Joint Venture partner, NIPCO Gas Ltd, have executed a...

NNPC SHIPPING, STENA BULK, CAVERTON LAUNCH NEW JOINT VENTURE … PARTNERSHIP TO BOOST NIGERIA, AFRICA’S ENERGY, MARITIME SECTORS.

The Nigerian National Petroleum Company (NNPC) Shipping, Stena Bulk, and Caverton Marine Limited has announced the signing of a new joint venture that will transform Nigerian...

KOMOLAFE HIGHLIGHTS ENERGY SECTOR REFORMS AT RENEWED HOPE GLOBAL TOWN HALL CONFERENCE.

The Commission Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Engr. Gbenga Komolafe has emphasised the need for a paradigm shift to...

CBN ASSURES PUBLIC OF KEYSTONE BANK’S STABILITY FOLLOWING FORFEITURE ORDER BY COURT.

Following the court order that the shares of Keystone Bank Limited previously held by the shareholders be forfeited to the Federal Government of Nigeria,...

LOKOPOBIRI URGES OIL & GAS FIRMS TO HARNESS THE OPPORTUNITIES THE $5BN AFRICAN ENERGY BANK.

The Minister of State for Petroleum  Senator Heineken Lokpobiri, has urged stakeholders in the oil and gas industry to harness the opportunities the $5bn...

NEITI-TETFUND FORGE TIES ON DATA ACCESS, TAX COMPLIANCE AND REVENUE TRANSPARENCY.

 The Nigeria Extractive Industries Transparency Initiative (NEITI) and the Tertiary Education Trust Fund-TETFund have committed to strengthen their partnership on accessibility to credible data,...

NNPC Ltd/First E&P JV ACHIEVES 96% REDUCTION IN ROUTINE GAS FLARING

The NNPC Ltd and First Exploration & Petroleum Development Company Limited (First E&P) Joint Venture (JV) says it  has achieved 96% reduction in routine...

MINISTER OF PETROLEUM RESOURCES  COMMISERATES WITH NIGER STATE OVER TANKER EXPLOSION TRAGEDY

The Honourable Minister of Petroleum Resources (Oil), Sen. Heineken Lokpobiri, has expressed profound sympathy with the Government and people of Niger State following the...

PORT HARCOURT REFINERY OVERHAUL: FORMER NNPC GMDS COMMENDS MELE KYARI.

Amid ongoing scepticism and criticism surrounding the revamp of the Port Harcourt Refinery, former Group Managing Directors (GMDs) of the Nigerian National Petroleum Company...

38th JOINT MINISTERIAL MONITORING COMMITTEE MEETING: OPEC MINISTERS REAFFIRM COMMITMENT TO OIL MARKET STABILITY.

The 38th meeting of the Joint Ministerial Monitoring Committee (JMMC) of the Organization of the Petroleum Exporting Countries (OPEC) brought together Ministers and Heads...

PORT HARCOURT OLD REFINERY IS UP AND RUNNING. – PETROAN.

Petroleum products retail outlets owners association of Nigeria says the old Port Harcourt refinery is currently operating at 70 per cent of its installed capacity,...

NNPC LTD DELIVERS PORT HARCOURT REFINERY…AS PLANT BEGINS TRUCK-OUT OF PRODUCTS.

The Nigerian National Petroleum Company (NNPC) Ltd. Says it has fulfilled its pledge of re-streaming the Port Harcourt Refining Company (PHRC), signaling the commencement...

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PENSION FUNDS IN INFRASTRUCTURE GROWS BY 48.1% TO N262.6BN

By Kikelomo Okere Nigeria’s pension funds are ramping up investment in infrastructure, with allocations jumping 48.1 percent year-on-year to ₦262.6 billion in the first ten...

CBN APPROVES $150,000 WEEKLY FX SALES TO BDCS

By Kikelomo Okere The Central Bank of Nigeria has reopened the foreign exchange window to Bureau De Change operators, approving up to $150,000 in weekly...

IFAD GOVERNING COUNCIL AGRICULTURE MINISTER ABUBAKAR KYARI EMERGES CHAIRMAN

  Nigeria has secured a major boost on the global agricultural stage as the Minister of Agriculture and Food Security, Senator Abubakar Kyari, has been...

FG RESTORES CRITICAL ROAD LINKS, TACKLES FLOODING IN BAUCHI

The Federal Government has intensified efforts to restore critical road links and address flooding challenges in Bauchi State. This formed part of the North-East National...