PIB Public Hearing is A Sham says Niger Delta Civil Society Coalition

.it's designed to stoke communal conflicts in oil host communities. A coalition of civil society organizations in the Niger Delta region of the country on...

NNPC records 92% increase in sales of petroleum products in October

The Nigerian National Petroleum Corporation (NNPC) has announced that its downstream subsidiary, the Petroleum Products Marketing Company (PPMC), recorded a total of ₦158.04 billion...

SEPLAT appoints Okechukwu Mba as Managing Director for ANOH

Seplat Petroleum Development Company Plc has appointed Mr Okechukwu Mba as the new Managing Director of ANOH Gas Processing Company (AGPC) Limited, the Incorporated...

Nigeria’s external reserves  moved up N36.23bn due to Improved crude oil prices 

The CBN  says Nigeria’s Foreign Exchange Reserves rose from 34.94billion dollars in November 2020 to 36.23billion dollars as at Jan 21, 2021. CBN Governor, Godwin...

More oil & gas companies leaning into renewable energy investments – DNV GL

  A record two-thirds (66%) of senior oil and gas professionals report that their organization is actively adapting to a less carbon-intensive energy mix in...

Reps to pass PIB in April- Gbajabiamila

Speaker of House of Representatives Femi Gbajabiamila says the lawmakers plan to pass Petroleum Industry Bill (PIB) by April. Gbajabiamila made the announcement while speaking...

Anti-labour practices: PENGASSAN issues 7 days ultimatum to Agip oil

The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has given the Management of Nigerian Agip Oil Company Limited seven days to...

Conoil pays deposit for Chevron’s stake in both OMLs 86 and 88.

  Conoil Producing, the Nigerian E&P independent owned by the billionaire Mike Adenuga, has paid a deposit for its purchase of the 40% equity held...

TCN says Discos used short-term funds for long term investments

CHIGOZIE AMADI The Transmission Company of Nigeria (TCN) has maintained that part of the challenges in the electricity supply industry in the country was that...

OPEC+ January compliance with oil cuts reaches 85% – Petro-Logistics

OPEC+ compliance with pledged oil output curbs is averaging 85% so far in January, tanker tracker Petro-Logistics said , suggesting the group had improved...
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