Archives for Oil and Gas - Page 54
IPMAN Moves To Sell Petrol Above N154
The Independent Petroleum Marketers Association of Nigeria has urged the Federal Government and the Nigerian National Petroleum Corporation to ensure that private depot owners maintain the…
NNPC Shuts Down Recruitment Portal, Begins Shortlisting Of Applicants
Nigerian National Petroleum Corporation (NNPC) on Wednesday closed its portal for ongoing recruitment exercise and began shortlisting of applicants. Mr Ndu Ugahmadu, the Corporation’s spokesman disclosed this…
NNPC To Woo Investors To Oil, Gas Sector At CERAWEEK
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, will on Wednesday address foreign investors at the CERAWeek, an international energy conference…
US Cuts Imports Of Nigerian Crude By 43%
The Energy Information Administration latest report has disclosed that the United States cut its imports of Nigerian crude oil by million barrels or 43 per cent in…
NNPC To Build IPP In Kano, Kaduna; Fertilizer Plant In Bayelsa
The Nigerian National Petroleum Corporation (NNPC) says it will build three Independent Power Plants (IPP), with a combined capacity of 4,000 megawatts of electricity in Abuja,…
Defaulting Marketers: NNPC Recovers N771m Assets
The Nigerian National Petroleum Corporation has disclosed that it had recovered over N771m worth of assets from some oil marketers who under-paid for petroleum products supplied to…
Oil: Nigeria Loses $16bn To PSC – NEITI
The Nigeria Extractive Industries Transparency Initiative (NEITI) has disclosed that Nigeria lost at least $16 billion in ten years due to non-review of the 1993 Production…
Oil Price declines As U.S Crude Production Hits Record
Oil prices dipped on Thursday, plunged following weakening factory output in China and Japan and record United States crude output, although markets remained relatively well supported by…
Oil, Gas Sector Offers Nigeria $48 Billion Investment Opportunities — Baru
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr Maikanti Baru says that over 48 billion dollars investment opportunities are in the Nigerian oil and…
Oil Slips Away From 2019 Highs As Surging US Supply Undermines OPEC Cuts
Oil prices slipped away from 2019 highs on Wednesday, with surging supply and slowing economic growth tempering upward pressure from supply cuts led by producer club…
