Chevron Nigeria Limited, operator of the joint venture between the Nigerian National Petroleum Corporation (NNPC) and CNL (the NNPC/CNL JV), has denied...
written by Kayode Ekundayo November 2, 2021 74 views 5 mins read
NUPRC elevates 195 staff: The Nigerian Upstream Petroleum Regulatory Commission (NUPRC), has promoted...
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says its target is to increase Nigeria’s crude oil production from the current level of...
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.
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
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.
Nigeria earned about N2 trillion from the latest round (2020/2021), as each of the awardees paid a total of N48 billion for fees and bonuses to earn the licence.
CHGC is majority owned and controlled by Axxela, which delivers natural gas to over 185 industrial and commercial customers via its gas infrastructure network across cities in Nigeria including Lagos and Port Harcourt.
