NEWS

Pipeline Vandals Have Rendered Most NNPC Depots Inactive, Kyari Laments

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mr Mele Kyari, has said that the illegal activities of pipeline vandals...

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Nigeria Plans Private Management Of Refineries To Infuse Efficiency

For the umpteenth time, the federal government has said it plans to carry out a holistic turn-around maintenance of the nation’s refineries...

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Nigeria Hopeful Of PIB Passage Before May 29, Says Sylva

The Minister of State for Petroleum Resources, Mr Timipre Sylva, has expressed hope that the Petroleum Industry Bill (PIB) would be passed...

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Exclusive: PIB, Subsidy, Host Communities Top Experts Agenda For Govt In 2020

Oil industry experts have outlined critical areas in Nigeria’s extractive sector such as passage of the Petroleum Industry Bill (PIB), curbing revenue...

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Russia Pledges Closer Ties With Nigeria For Improved Gas Delivery

The Russian Federation has expressed its readiness to partner with the Nigerian National Petroleum Corporation (NNPC) in the development of Nigeria’s Upstream,...

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Lekoil, Partners Begins OPL 310 Site Survey

A site survey has started over the OPL 310 license offshore Nigeria, operated by Optimum Petroleum Development Co., in preparation for appraisal drilling....

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Nigeria To Account For 35% Of Africa’s New Oil Pipelines By 2023

Nigeria is expected to contribute around 35 percent of Africa’s total planned and announced oil and gas new-build trunk/transmission pipeline length additions...

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OPEC: Nigeria’s Oil Output Drop Biggest In December

Nigeria, Africa’s top oil producer, recorded the largest production drop of 80,000 barrels per day in the Organisation of Petroleum Exporting Countries...

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Nigeria Imported 18bn Litres of Petrol, Produced Only 166m In 2019

Nigeria last year imported about 18 billion litres of petrol for local consumption at an estimated N3 trillion, while it produced only...

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