Thursday, June 30, 2022

fisherman

Santa Barbara oil spill: NUPRC to begin post assessment

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has confirmed the successful stoppage of the Santa Barbara Oil spill at Nembe Creek in...

What we are doing to tackle AITEO’s Nembe oil spills – NUPRC

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has reiterated its commitment to tackle oil spills in the Nigerian oil and gas sector...

Elumelu’s firm completes acquisition of 30% stake in SPDC’s OML 17

The Shell Petroleum Development Company of Nigeria Limited (SPDC), has completed the sale of its 30% interest in Oil Mining Lease (OML)...

NPDC Eyes 600mmscf/d of Gas Supply to Domestic Gas Market

The Nigerian Petroleum Development Company (NPDC), an Exploration and Production subsidiary of the Nigerian National Petroleum Corporation (NNPC), is looking at boosting...

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Crude oil price to soar past $200/barrel

Bjarne Schieldrop, SEB analyst, said on Wednesday in no uncertain terms that the G7’s price capping proposal was a “recipe for disaster” given the current stress that the oil market is under.

Bridging claims, freight: FG pays N74bn to Marketers

The Authority in a statement, explained that the Authority paid N71,233,712,991 bridging claims and another N2,736,179,950.84 freight differentials to the Marketers as at 6th June, 2022

Why cooking gas price won’t come down- Kyari

“The world has never seen this kind of uncertainty, today countries are stockpiling products".

Reps to probe NNPC fuel subsidy claim of N2trn

In his motion, Ogun said he was informed that as of 2002, the NNPC purchased crude oil at international market prices, which stood at 445,000 barrels per day.