NEWS

Oil Prices Drop As Market Assesses Attacks On Saudi Facilities

Oil prices dropped on Tuesday although the market remains on tenterhooks over the threat of a military response to attacks on Saudi...

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NLNG Train 7 FID Set For Oct., As Stakeholders Sign Intent Letter

The Nigerian National Petroleum Corporation (NNPC) and its partners have taken a critical step towards meeting the October date fixed for taking...

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OPEC Barkindo Lauds NNPC Reforms Amid Global Oil Market Challenge

The Secretary General of the Organization of the Petroleum Exporting Countries (OPEC), Mohammed Sanusi Barkindo, has commended the Nigerian National Petroleum Corporation...

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How NNPC Won Esso, Shell $1.8bn Arbitration Suit

The United States Southern District Court of New York recently delivered a significant judgment in favour of the Nigerian National Petroleum Corporation...

670

Oando Discover 1trn Cupic Feet Of Gas Onshore Nigeria

Oando Plc, through its Upstream subsidiary Oando Energy Resources (OER), has announced that its Joint Venture (JV) operation has made a significant...

853

US Court Rejects Exxon, Shell Move To Execute $1.8bn Arbitration Against NNPC

ExxonMobil and Shell have failed to obtain order for the execution of $1.8 billion arbitration against the Nigerian National Petroleum Corporation (NNPC) following rejection...

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Crude Theft: NNPC, Navy Re-commit To Stem Manace

The Nigerian National Petroleum Corporation (NNPC) and the Nigerian Navy have pledged to deepen collaboration to tackle the menace of crude oil...

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45,347 Breaks Recorded On NNPC’s Pipeline Network In 18yrs

The Nigerian National Petroleum Corporation (NNPC) has disclosed that it recorded a total of 45,347 pipeline breaks on its downstream pipeline network...