Senate, Russian oil firms in talk on Nigeria’s oil and gas

The Senate said on Thursday of discussions with Russian oil companies for partnership to develop Nigeria’s oil and gas sector. Disclosing this in an interview...

Shell lifts force majeure on Nigerian Bonny Light crude exports

Royal Dutch Shell’s subsidiary in Nigeria, SPDC, lifted force majeure on Bonny Light crude oil exports at noon local time (1100 GMT) on Thursday,...
OPEC

OPEC foresees balanced oil market

OPEC Secretary-General Mohammad Barkindo said on Thursday there is no doubt that in the wake of efforts by global oil producers to curb production, the crude...
Maikanti Kacalla Baru

Union lauds NNPC’s plan to rehabilitate refineries

The United Labour Congress (ULC) on Tuesday commended the Nigerian National Petroleum Corporation (NNPC) on its plan to carry out complete overhaul-Turn Around Maintenance...

Dangote refinery takes shape

The completion of Dangote Refinery in 2019 will mark another milestone in the Nigerian oil and gas industry as the $11 billion refinery hold...
Yemi Osinbajo

I Gave Approvals For Financing Arrangements, Not Contracts – Osinbajo

There is new twist to the controversy on the contract awarded by the Nigerian National Petroleum Corporation (NNPC) as Vice President Yemi Osinbajo has explained that...

NNPC to reinvigorate exploratory activities in 7 basins

The Nigerian National Petroleum Corporation (NNPC) on Thursday said it would reinvigorate exploratory activities in the seven hydrocarbon basins in Nigeria to shore up the nation’s...

Kachikwu, Baru meet on opportunities in petroleum industry

The Minister of State for Petroleum Resources, Dr Ibe Kachikwu and  Group Managing Director of NNPC, Mr Maikanti Baru, met  on Tuesday and discussed opportunities ...
Ibe Kachikwu

Kachikwu/Baru feud: Minister’s allegations baseless – NNPC

The Nigeria National Petroleum Corporation (NNPC) on Monday said Dr Ibe Kachikwu’s allegations against its Group Managing Director, Dr Maikanti Baru, were baseless and untrue. Kachikwu had,...

NNPC Subsidiary, NGPTC declares N15.81bln profit in 2016

As part of the dividends of the on-going transformation of the Nigerian National Petroleum Corporation (NNPC), one of its subsidiary companies, the Nigerian Gas Processing and Transportation Company Limited (NGPTC), has...
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