Archives for Oil and Gas - Page 58
Why FG Sues NNPC, Others
The federal government has instituted a case at the Federal High Court, Abuja, against the Nigerian National Petroleum Corporation (NNPC), Nigerian Agip Oil Exploration Company…
NNPC Records N174.62 Billion Petroleum Product Sales In March – Report
The Nigerian National Petroleum Corporation (NNPC) on Sunday said it recorded billion sale of white petroleum products in March. The corporation disclosed this in its March Monthly Financial…
DRP Revokes Pan Ocean, 5 Others Oil License
The Department of Petroleum Resources (DPR) has revoked five Oil Mining Licences (OML) and one Oil Prospecting Licence (OPL) belonging to five companies. In a public notice…
Scientists find solution to climate change issues in $100, 000 Nigeria Prize for Science
By Ngozi Onyeakusi---Twenty-nine (29) scientists will vie to find long-lasting solutions to erosions, droughts and desertification plaguing different parts of the country in the 2019 edition of…
AKK Gas Pipeline To Supply 3,600 mega watts of power to national grid– NNPC
The Group Managing Director, Nigerian National Petroleum Corporation (NNPC) Maikanti Baru, has disclosed that the Ajeokuta-Kaduna-Kano (AKK) the pipeline has capacity to supply 3,600 mega watts of power…
Nigeria’s oil exports threatened as Aiteo declares force majeure
The nation’s crude oil exports have suffered a setback as Aiteo Eastern Exploration and Production Company Limited declared force majeure on Nembe Creek Trunk Line following a…
Nigeria produced 2.019m barrels of crude oil per day in 2018—NNPC
The Nigerian National Petroleum Corporation (NNPC) says that the national average daily crude oil production stood at about million barrels in 2018. The NNPC Group Managing Director,…
No Plan To Remove Fuel Subsidy Now — FG
The Federal Government has again clarified its stance on the removal of fuel subsidy, saying it had no plan to do so in the immediate future.…
Fuel Subsidy : NUPENG, PENGASSAN Kick Against IMFs Admonition
Workers in the oil and gas sector on Sunday advised President Muhammadu Buhari to shun any counsel that would destabilise or cause chaos in the economy. The…
Kachikwu Assures Nigerians of Sufficient Fuel
The Minister of State for Petroleum Resources, Dr Ibe Kachikwu on Sunday assured Nigerians that there is sufficient Premium Motor Spirit (PMS), also known as fuel…
