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NNPC records 80.12% Increase in Trading Surplus in December

.Posts Petroleum Products Sale of ₦288.77bnllion The Nigerian National Petroleum Corporation (NNPC) has announced an increase of 80.12% in trading surplus for the month of...

Ikeja Electric bags latest ISO certifications, reiterates commitment to operational excellence

Ikeja Electric bags latest ISO certifications, reiterates commitment to operational excellence Ikeja Electric has scored another first in the electricity sector, after bagging three latest...

New refinery will cost $7-12bn- Kyari

.Provides Justification for $1.5billion PH Refinery EPC Project The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has dismissed the...

Duport Modular Refinery 2,500bpd ready Q4 2021

The 2,500 barrels per modular refinery being established at Egbokor, Edo State by Duport Midstream Company Limited in partnership with the Nigerian Content Development...

NNPC Pledges Support for Fight against Illicit Drugs 

  As a socially responsible entity, the Nigerian National Petroleum Corporation (NNPC), says it would do everything within its power to support the fight against...

PPPRA expects petrol to sell at N212.61 per litre

  The Petroleum Products Pricing Regulatory Agency (PPPRA) has revealed in a new monthly template that the price of Premium Motor Spirit, also known as...

NNPC, Usmanu Danfodiyo University to Collaborate on Development of Energy Conversion, Storage

The Nigerian National Petroleum Corporation (NNPC) and the Usmanu Danfodiyo University, Sokoto, have pledged to collaborate on the development of energy inter-conversion and storage...

Oil production cut: OPEC commends Nigeria on compensation conformity

The Organisation of  Petroleum Exporting Countries (OPEC), has commended Nigeria for achieving full conformity in January 2021, and compensating its entire overproduced volumes. The organisation ...

Oil workers threaten to shut down Brittania-U’s 10,000bpd output

Nigeria oil production may suffer setback as the oil workers under the aegis of the Petroleum and Natural Gas Senior Staff Association of Nigeria...

FG warns against Lekoil’s assets transfer 

.Says Metallon’s action contravenes Nigerian laws The Federal Government of Nigeria through the Ministry of Petroleum Resources has objected to the questionable tactics adopted by...

Fuel tanker laden with fuel exploded on Otedola Bridge

.NNPC Commiserates with Victims, Lagos Govt A fuel tanker laden with fuel has exploded at Otedola Bridge in Lagos State. According to report, the tanker exploded...

Partnership: KEDCO signs MoU with Skyline University

The Management of Kano Electricity Distribution Company (KEDCO) says it has signed a memorandum of understanding with Skyline University to enhance Training and Education between...
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ETI appoints Fashina as Group Executive, Operations & Technology

Ecobank Transnational Incorporated (ETI), parent company of the Ecobank Group has announced the appointment of Tomisin Fashina as its new Group Executive for Operations...

Shell pays $3.243b to Nigeria’s govt in 2020

Shell, a global leading oil and gas producer on Wednesday published its 2020 Sustainability Report, its Industry Association Climate Review and its annual Payments...

Eni Makes Big Oil Find Offshore Angola

Eni has made a new light oil discovery in Block 15/06, in Angola’s deep offshore. The well has been drilled on the Cuica exploration...

DPR revokes Addax’s oil mining licenses for non-performance

.Re award licenses  to Kaztec and Salvic Consortium The Director Department of Petroleum Resources (DPR), Engr. Sarki Auwalu, has said that DPR revoked three Oil...