e360

Oil Find Made In Pecan South Well Offshore Ghana

The Pecan South-1A well in the Deepwater Tano Cape Three Points (DWT/CTP) block offshore Ghana has encountered oil. According to the operator...

1.3K

NEWS

NNPC To Add 4000mw To Grid From Planned Abuja, Kaduna IPPs

The Nigerian National Petroleum Corporation (NNPC) has expressed its preparedness to build additional Independent Power Plants (IPPs) in Abuja, Kaduna and Kano...

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NEWS

Oil Marketers Forfeits Assets, As NNPC Moves To Stop Leakages

The Nigerian National Petroleum Corporation (NNPC) has recovered assets worth over N771million from some marketers who had under-paid for petroleum products supplied...

1.4K

Knowledge Centre

(Full Report) NEITI Policy Brief: 1993 PCSs – The Steep Cost of Inaction

A quantitative study released in Abuja on Friday by the Nigeria Extractive Industries Transparency Initiative (NEITI) revealed that Nigeria lost $16 billion...

1.2K

Nigeria/EITI

Nigeria Lost $16bn Oil Revenue To Archaic PSC Law In 10yrs

Nigeria lost at least $16 billion that should have accrued as revenue from the oil and gas sector over a 10-year period...

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Nigeria/EITI

(Updated) EITI: Ghana, Ethiopia, Others Attain Meaningful Progress

Ethiopia, Guinea, Ghana, Malawi and Trinidad and Tobago have attained meaningful progress against the EITI Standard having gone through the Validation. The...

1.1K

INTERNATIONAL NEWS

(Updated) ExxonMobil Makes Deepwater Gas Discovery Off Cyprus

ExxonMobil has made a natural gas discovery with the Glaucus-1 well offshore southwest Cyprus. Located in block 10 in the Eastern Mediterranean...

1.3K

Nigeria/EITI

(Updated) Argentina Becomes EITI’s 52nd Member Country

The EITI Board has approved Argentina’s application to join the Extractive Industries Transparency Initiative (EITI) at its meeting in Kyiv, Ukraine. Following...

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Nigeria/EITI

EITI Validation: Nigeria Will Keep Pushing The Frontiers, Says Adio

Following the Satisfactory Progress ranking accorded Nigeria by the global board of the Extractive Industries Transparency Initiative (EITI), Executive Secretary of the...