AfDB boss calls for action to reduce world dependence on fossil fuel
African Development Bank (AfDB) Group President, Dr Akinwunmi Adesina, says urgent action is needed to reduce the world’s dependence on fossil fuels and harness Africa’s […]
Oil & Gas
FG approves amendment of 2022/2023 deep offshore oil block bid round
President Muhammadu Buhari has approved the amendment of the 2022/2023 Deep Offshore oil block mini-bid process to accommodate concerns raised by potential local and international […]
NDDC’s Partnership Approach to Unlocking the Niger Delta Potential, By PIUS UGHAKPOTENI
The Niger Delta region is like a diamond in the rough. It has vast potential for wealth and prosperity due to its reserves of oil […]
NNPCL begins oil drilling in Nasarawa
By DANJUMA JOSEPH, Lafia – President Muhammadu Buhari, has officially flagged off the spud-in of the Ebenyi-A Well located in the Middle Benue Trough, in […]
Oil exploration in Nasarawa to increase Nigeria’s reserves – NNPC Ltd
The Nigerian National Petroleum Company Limited (NNPC Ltd) says the positive outcome of Ebenyi-A Exploration Well will increase Nigeria’s hydrocarbon reserves from 37 billion barrels […]
Oil exploration in Nasarawa State will lead to greater prosperity, energy security – Buhari
By DAVID IORJA, Abuja – President Muhammadu Buhari on Tuesday declared that the discovery and drilling of oil in Nasarawa State will lead to greater […]
Okadigbo seeks gender equality promotion in energy sector
Sen. Margery Okadigbo, Board Chairman, Nigeria National Petroleum Company Limited (NNPCL) has emphasised the need to promote gender equality in the energy sector in view […]
NMDPRA unveils 6 new regulations for oil, gas industry
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has unveiled six gazetted regulations to spur investment and economic growth in the midstream and downstream […]
Petrol price increased by 54.76% a litre in one year – NBS
The National Bureau of Statistics (NBS), says the average retail price of a litre of Petrol increased from N170.42 in February 2022 to N263.76 in […]
Shell lifts force majeure on Bonny Oil and Gas Terminal
By OLA MUDOPE, Lagos – The Shell Petroleum Development Company of Nigeria Ltd., (SPDC), operator of the SPDC joint venture, says it has lifted the […]
Oil Mining Lease: NNPC 18 Operating Ltd replaces Eroton
The non-operating Joint Venture (JV) partners of Oil Mining Lease (OML) 18 have appointed the NNPC Eighteen Operating Limited as operator of OML 18 to […]
Restriction of movement for elections responsible for fuel queues – NNPC Ltd
By JOY ADARA, Abuja – The Nigerian National Petroleum Company Ltd. (NNPCL) has attributed fuel queues in Abuja and some parts of the country to […]
Explosion at TNP pipeline in Rivers traced to oil theft, Shell regrets loss of lives
The Shell Petroleum Development Company of Nigeria (SPDC) says investigation into Friday’s explosion at the Rumuekpe section of Trans Niger Pipeline (TNP) in Rivers, shows […]
NUPRC investigates explosion near crude oil pipeline in Rivers
By EZEKIEL OBI, Abuja – The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has commenced an investigation into an explosion that occured near a crude oil […]