NEWS

Shell: Crude Oil Theft Rose 50% In 2017, Makes $4.32bn Production Payment To FG

In its annual sustainability report for 2017, oil giant, Shell, revealed that crude oil theft rose by 50percent in 2017 indicating a...

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More Details Emerge On 614km AKK Gas Pipeline Project

Following last week’s successful execution of contract agreements for the 614km Ajaokuta – Kaduna – Kano (AKk) gas project, e360 has learnt...

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NNPC Financials Were Unaudited For 4yrs, Corporation CFO Reveals

Isiaka AbdulRazaq, Chief Financial Officer/Group Executive Director (CFO/GED), Finance & Accounts of the Nigerian National Petroleum Corporation (NNPC) has said in August...

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NNPC, Consortium Signs $2.8bn Contracts For AKK Gas Project

The Nigerian National Petroleum Corporation (NNPC) Thursday in Abuja executed contracts for the engineering, procurement, construction, commissioning and financing for Lots 1&3...

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PIB: Baru Tasks National Assembly Consultants On Enduring Reforms

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, has challenged the consultant to the National Assembly...

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$811bn To Be Spent On Oil Fields Globally In 8yrs, Research Finds

Findings from a research conducted by data and analytics firm, Globaldata, has revealed that globally about $811 billion will be spent on...

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Research Show How Poor Governance Impacts NNPC’s Contributions To Economy

…Refineries with 2,000 staff operating at 17% capacity A research on the assessment of the contributions of the Nigerian National Petroleum...

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Senate Passes Harmonised PIGB, To Transmit For Presidential Assent

The Senate has passed the Conference Committee Report on the harmonised Petroleum Industry Governance Bill (PIGB). The bill was passed during plenary...