Archives for Oil and Gas - Page 55
Ibe Kachikwu Returned As President, African Petroleum Producers’ Organisation
The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, has been re-elected the President of African Petroleum Producers’ Organisation (APPO), making Nigeria to retain the presidency…
Oil Price Hits 2019 High On OPEC Cuts, Concerns Over Demand Ease
Oil price hit a 2019 high above 69 dollars a barrel on Tuesday on the prospect that more sanctions against Iran and further Venezuelan disruptions could deepen…
ExxonMobile Considers Sale Of Nigeria Oil,Gos Feild For $3bn
Nearly two and a half years after exiting Nigeria’s downstream oil sector, ExxonMobil is weighing the sale of some oil and gas fields in the country. The…
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…
