Nigeria’s oil output currently as low as 1.1m bpd – NNPC official
Nigeria’s crude oil and condensate production has fallen almost 50% from the start of the year to around 1.1 million b/d, an official from...
Nigerian downstream sector received 19bn litres of petrol in 13 months
The Nigerian National Petroleum Corporation (NNPC) has revealed that in the last 13 months, it supplied a total of 19,437,894,096.66 billion litres of petroleum...
16TH Aret Adams’ annual memorial lecture holds February 28
Emerging Middle-Level Producers in Oil & Gas: Challenges and Opportunities will be the main focus as the management of Aret Adams Foundation set gear...
IPMAN western zone urges members to abide with N140 pump price reduction
The South West Chapter of the Independent Petroleum Marketers Association of Nigeria (IPMAN) has appealed to members to abide by the presidential directive to...
Total says Sanctity of contracts, lower production cost will attract investments in energy...
In order to ensure huge investments in the Nigerian petroleum industry, the Managing Director of Total Exploration and Production Nigeria Limited, Mr. Nicholas Terraz,...
Nigeria to reclaim undeveloped oil fields from multinational oil firms
Worried about the high level of undeveloped oil fields in the country, the Minister of State for Petroleum Resources, Dr Ibe Kachikwu, has disclosed...
NNPC should extend oil exploration to six basins-Buhari
The Nigerian National Petroleum Corporation (NNPC) has been directed by the federal government to extend its crude oil exploration to six basins in the...
Otedola receives approval to begin talks to acquire Forte Oil power assets
Nigerian energy tycoon Femi Otedola has received approval from shareholders to enter into negotiations to acquire the power business of Forte Oil, a publicly...
Total Nigeria announces the winners of the startupper of the year
After the jury of local experts selected the winners of the 2018-2019 Startupper of the Year by Total Challenge in Nigeria, they were presented...
Eterna targets 200 petrol stations in five years
Despite Nigeria’s “challenging operating environment” downstream sector of the oil and gas business, the Management of Eterna Plc has concluded plans to establish not...
