Works on Zohr Field on the Mediterranean- Eni website CAIRO – 6 October 2018: Egyptian Ministry of Petroleum and Italian Company Eni aim at raising...
CAIRO – 28 September 2018: The Egyptian General Petroleum Corporation (ENOC) and the UAE-ENOC signed a commercial agreement allowing the company to enter the jet fuel...
Federal, states and local governments on Wednesday shared N741.84 billion as revenue generated in August, N27.04 billion more than the N714.84 billion that was shared in...
The Minister of State for Petroleum Resources, Dr Ibe Kachikwu says the federal government will from 2019 commence the revocation of the licences of oil companies...
Minister of Petroleum Tarek el-Molla. Photo: Egypt Today CAIRO – 22 September 2018: Egypt’s Minister of Petroleum Tarek el-Molla said that the coming period will...
An Italian judge on Thursday sentenced two defendants to jail in the first leg of trials of the biggest graft scandal in the global oil industry:...
The Nigerian Police Force announced today that it was able to trace $470.5million belonging to NNPC Brass LNG squirrelled away in some accounts in some commercial...
San Donato Milanese (Milan), September 19, 2018 – The Court of Milan – Criminal Court Section IV – today pronounced judgement in the criminal proceedings concerning offences...
The Nigerian National Petroleum Corporation (NNPC) said it has made significant progress in negotiating the funding terms and payback structure for the Ajaokuta-Kaduna-Kano (AKK) gas pipeline...
The Shell Petroleum Development Company of Nigeria Limited (SPDC) debunked allegations in paid radio announcements falsely linking it to reported incidents of clashes between a group...
The Nigerian National Petroleum Corporation (NNPC) has urged the Pipeline Professionals Association of Nigeria (PLAN) to proffer solutions that could lead to a dramatic change and...
Nigerian crude oil differentials were largely unchanged yesterday, after a series of offers from Shell for October-loading cargoes drew no buyers, and even BP, which has...
The Secretary-General, Organisation of the Petroleum Exporting Countries (OPEC), Mohammad Barkindo, predicts that world oil consumption will reach 100 million barrels per day (bpd) later this...
ExxonMobil said a blockade by former employees threatens crude production at oil facilities in Nigeria, adding that “disruptions to these operations have the potential to significantly...
CAIRO – 31 August 2018: Italian Company Eni announced Thursday new gas discovery in the Western Desert of Egypt. The company added in a statement that...
CAIRO – Italian Company Eni announced Thursday new gas discovery in the Western Desert of Egypt. The company added in a statement that the depth of...
The Nigerian Liquefied Natural Gas (NLNG) has remitted more than $6.5 billion in taxes to Federal Inland Revenue Service (FIRS) since 2009. Mr Tony Attah, Managing...
The Nigerian National Petroleum Corporation (NNPC) says it will establish two condensate refineries with a total refining capacity of 200,000 barrels per day. The Corporation disclosed...
Communities in the Niger Delta have insisted that international oil companies (IOCs) must relocate their headquarters to the region given the magnitude of their projects and...
The National Bureau of Statistics (NBS) has released a report showing that Nigeria imported165.71 million litres of Liquefied Petroleum Gas (LPG) in the second quarter of...
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