South Africa’s competition watchdog has approved Glencore’s roughly $900 million bid for Chevron’s local and Botswana assets, bolstering its chances of scuppering a rival bid from...
The Nigerian National Petroleum Corporation (NNPC) and FIRST Exploration and Petroleum Development Company Limited (FIRST E&P) Joint Venture have signed a Global Memorandum of Understanding (GMoU)...
The Nigerian gas sector outlook may remain bleak if lingering challenges, especially unfavourable regulatory framework and poor monetary policies are not addressed. Nigeria had 5,111 bcm...
Nigerian National Petroleum Corporation (NNPC) has hinted of plans to establish a 100,000-barrels-per-day brownfield refinery each in Port-Harcourt and Warri. A press release by the Corporation’s...
The Nigerian National Petroleum Corporation (NNPC) and Seplat Petroleum Development Company (SPDC) have signed five agreements to expedite the development of a project aimed at delivering...
Gloomy months lie ahead of Nigeria and other crude oil exporters as OPEC on Monday forecast lower demand for crude next year. The forecast came as...
The construction of the 650,000 barrels of crude oil per day Dangote Refinery is expected to help Nigeria save over $7.5 billion through import substitution. The...
Nigeria’s southern oil-rich Rivers state backed a government call for major oil companies to move their offices to the Niger delta region, as part of measures...
An exemption from OPEC’s decision to cut global production, along with fewer incidence in the oil-producing Niger Delta, have helped sustain the increased output and allowed...
UGHELLI- LESS than 24 hours after the Vice President, Prof Yemi Osinbanjo, visited Delta State, unknown persons set fire on a crude oil pipeline at Ughelli,...
Nigerian National Petroleum Corporation (NNPC) has created security management platforms that would enable it identify and evaluate risks; develop and superintend implementation of investigations; aggregate...
The NNPC just tweeted the names of 39 companies that won bids to lift crude oil contracts on behalf of the government. They include 18...
The Nigerian National Petroleum Corporation (NNPC) has said it decided to look for an alternative crude oil supply source for its Kaduna Refinery because pipelines that...
Destroyed pipeline of Nigerian Petroleum Development Company (NPDC) Nigerian militants on Sunday blew up a state-run pipeline in the restive oil-producing south, in the latest act...
Maikanti Kacalla Baru: NNPC Group MD Transparency in the operations of the Nigerian National Petroleum Corporation, NNPC, was sustained on Thursday with the public opening of...
The Nigerian Air Force (NAF) has destroyed another set of illegal oil barges in Rivers. The NAF made this announcement on Sunday in Abuja through a...
A militant group in Nigeria says it has bombed three pipelines in the south of the country in the latest attack on the country’s crucial oil...
The Nigerian National Petroleum Corporation (NNPC), in a statement, has confirmed that it had intensified the search for crude oil in the North-East. The commission...
By John Kemp OPEC members are making the task of oil market rebalancing harder by maximising their production ahead of a ministerial conference at the end...
The Nigerian National Petroleum Corporation (NNPC) has again debunked report of plans to increase the pump price of petrol. Mr Garba Deen Muhammad, Group General Manager,...
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