Thursday, June 30, 2022

RANDOM NEWS

Chevron denies oil spill at Funiwa field in Bayelsa

Chevron Nigeria Limited, operator of the joint venture between the Nigerian National Petroleum Corporation (NNPC) and CNL (the NNPC/CNL JV), has denied...

Total expects first oil from $500m Ikike field before December- Sangster

The Managing Director, Total E&P, Mr. Mike Sangster, has said the  company had made significant progress with the development of $500 million...

Buhari restores ownership of OML 123, others to NNPC

President Muhammadu Buhari has approved the restoration of the leases on OMLs 123, 124, 126 and 137 to the state-run Nigeria National...

OPEC+ ease production cuts return 2mb/d to the market

OPEC and its non-OPEC partners agreed on Tuesday to gradually ease production cuts with return of  2 million barrels a day (mb/d)...

NUPRC elevates 195 staff

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...

NUPRC keen on increasing Nigeria’s crude oil production

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says its target is to increase Nigeria’s crude oil production from the current level of...

NUPRC: An enabler of upstream business in Nigeria -Komolafe 

written by Kayode EkundayoOctober 28, 2021 170 views 5 mins read NUPRC: An enabler of upstream business in Nigeria: The Commission Chief...

The Ghana’s oil production set for decline in 2022

written by Kayode Ekundayo November 9, 2021 38 views 5 mins read The Ghana’s oil production is set to decline in 2022 as a...

Our further response to SBAR oil spill- AITEO

Excerpts from Aiteo’s management statement on further response to oil leak in its Santa Barbara, Southwest field, in Nembe Local Government Area...

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...

Most Popular

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.

ECOWAS gets AFDB’s $2m electricity reforms

The ultimate objective is to stimulate cross-border electricity trade and improve energy access in the 15 countries in the region.

Marginal fields: Nigeria pockets trillions

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.

Axxela subsidiary gets first gas from Accugas 

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.