NEWS

OML 13 To Reach First Oil In 2020 As NNPC Secures $3bn Financing

The quest by the Nigerian National Petroleum Corporation (NNPC) to increase the nation’s crude oil reserves and daily oil production to 3million...

870

India Offers Credit Line To Revamp Nigeria’s Obsolete Oil Infrastructure

India has offered a credit line mechanism to Nigeria to enable the country revamp it’s obsolete oil and gas infrastructure across the...

830

FG Concludes Plans To Formalise Artisanal Miners

The federal government has reached an agreement with a French company, SOFRECO, to develop a programme for the formalisation of artisanal miners...

843

Oil exploration: Senate Demands Status Of Nigeria’s Extended Continental Shelf

The Senate, yesterday, invited the United Nations Resident Team in Nigeria and the Nigeria Boundary Commission to brief it on the status of...

1.2K

NNPC, Shell To Expedite Deep-water Projects To Grow Reserves

The Nigerian National Petroleum Corporation (NNPC) and its age-long partner, Shell Petroleum Development Company (SPDC), on Tuesday expressed resolve to grow existing business...

759

No Plans To Increase Fuel Price, NNPC Tells Nigerians

The Nigerian National Petroleum Corporation (NNPC) has advised motorists and other petroleum products consumers to disregard trending rumour of a planned hike...

727

NEITI: All Nigerian States Recorded Budget Funding Deficit In 2018

The 36 states received N3.95trillion as total revenues in 2018 but none of the states could fund their 2018 budget from their...

764

GENCOs Confident AfCTA Will Boost Electricity, Improve Intra-africa Trade

Electricity generation companies, (GENCOs), say they are confident that the African Continental Free Trade Area (AfCFTA) agreement will improve electricity supply and boost...