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POWER SECTOR RECORDS NEW 5,520.40MW PEAK

The power sector has recorded yet another national peak generation of 5,520.40MW on 30th October, 2020 at 9.15pm, surpassing the previous 5.459MW recorded on...

Baruwa Gas Plant Fire: NNPC says corporation’s pipelines no where near location of Incident

Press Release .Commiserates with Lagos residents The Nigerian National Petroleum Corporation has commiserated with the Government and people of Lagos State, and particularly the residents of...

Five bodies recovered, 3 rescue alive from Abesan, Lagos gas explosion

Five dead bodies have so far recovered from early morning gas explosion at Candos Road, Baruwa Inside, Lagos state. Three person were also rescued alive. According...

Nigeria four refineries to come on stream by 2023- Kyari

Nigeria said it will keep to the target date of 2023 for the four refineries to undergo revamping and running with the aim of...

Total E&P Nigeria appoints Bandele as DMD (Deepwater)

The Board of Total Exploration and Production Nigeria Limited has approved the appointment of Mr. Victor Bandele as the Deputy Managing Director in charge...

Unstable Fiscal Regime Stifling Nigerian Petroleum Industry – Kyari

.As Reps Assures of Speedy Passage of PIB The Group Managing Director of the Nigerian National Petroleum Corporation, NNPC, Mallam Mele Kyari, has said that...

Nigerian Federal Character Commission lauds NNPC on Women inclusion, AKK Project

The Federal Character Commission (FCC) has applauded the state-run Nigerian National Petroleum Corporation (NNPC) for ensuring a high level of gender balance in management...

NNPC Records ₦20.36bn Trading Surplus in July

The state-run Nigerian National Petroleum Corporation (NNPC) has recorded an increased trading surplus of ₦20.36billion in July 2020 compared to the ₦2.12billion surplus in...

FG, organized Labour adjourn dialogue on PMS, electricity pr­ice increase

The dialogue between the Federal Governm­ent and Organized La­bour on the recent increases in the price of fuel and electr­icity tariff, has be­en adjourned...

Deregulation: NNPC to Support Deployment of CNG Facilities

The state-run Nigerian National Petroleum Corporation (NNPC) has pledged to support ongoing initiatives by the Ministry of Petroleum Resources to provide alternate energy source...

Nigeria four refineries shut down

.As FG in talks to sell majority stakes The Nigeria four refineries are currently shut down, according to  Mele Kyari, Group Managing Director of the...
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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...