NNPC signs pact with CNOOC,SAPETROL to resolve OML 130 dispute 

... as resolution will immediately unlock about $510million of gas revenue In its bid to meet the target of revving up production to 3million barrels...

Chevron announces the first 100% renewable base oil production

Chevron Products Company, a division of Chevron U.S.A. Inc., and Novvi LLC have announced the first production of 100% renewable base oil from Novvi’s...

Rainoil Ltd. deepens gas penetration with tank capacity of 8000MT, as FG targets 5m...

Despite the challenges being witnessed in the oil and gas sector, Rainoil Limited has continued to contribute to the economic development of the country...

We recorded 43% drop in oil pipeline vandalism in May- NNPC

The Nigerian National Petroleum Corporation (NNPC) has recorded an encouraging 43 per cent drop in cases of willful damage of its oil pipeline infrastructure...

Sylva, Kyari, Wabote hail SEPLAT as pride of indigenous operators, gas revolution strides

The Honourable Minister of State for Petroleum Resources, Chief Timipre Sylva; the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele...

Oil theft, sabotage responsible for 17 Nigerian oil spill incidents in June- Shell

Incessant oil spill in the Niger delta region has continued to be a growing concern, as Oil major Shell Petroleum Development Company of Nigeria,...

NNPC gives conditions for relocation of tank farms, petroleum products depots

The Nigerian National Petroleum Corporation (NNPC) has advised against a swift relocation of tank farms from their current locations along Ijegun, Kirikiri areas in...

Gas critical to the development of Nigerian economy – Stakeholders

As the disruption in the global economy due to the Pandemic, leading to declining in oil prices due to low demand, stakeholders in the...

Nigeria must do things differently to turn covid-19 to opportunities in oil industry’-DPR

.as over 600 companies applied for  57 marginal oilfields The Director, Department of Petroleum Resources (DPR), Engr. Sarki Auwalu, in this interview speaks on the...

Marginal field bid will grow Nigeria’s reserve and deepen local content

Marginal field bid will grow Nigeria's reserve and deepen local content The Department of Petroleum Resources (DPR) says that the 2020 Marginal bid round will...