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NNPC Shuts Port Harcourt, Kaduna Refineries
THE Nigerian National Petroleum Corporation, NNPC, on Wednesday, January 20, announced the operational shutdown of the Port Harcourt and Kaduna Refineries owing to crude...
Kachikwu wants African oil producers to assert influence in OPEC decisions
The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu has called on member countries of the African Petroleum Producers Association, APPA, to close...
Chevron committed N16bn to GMoU in 10 years —Idowu
Chevron Nigeria Limited, CNL, has committed over N16 billion in its Global Memorandun of Understanding, GMoU in the past 10 year in its operational...
NNPC Posts N241bn Loss in 10 Months
The Nigerian National Petroleum Corporation, NNPC, yesterday announced a loss of N240.987 billion in its operations for 10 months, between January and October 2015....
Falling Gas Production, Experts Faults Regulations
Poor legal framework or lack of it has been blamed as the major imbroglio mitigating Gas development in Nigeria despite its 9th position in...
Golar and West African Gas Agree Ghana FSRU Contract
Golar LNG has executed a firm contract to provide West African Gas Limited ('WAGL') with Floating Storage and Regasification Unit ('FSRU') services to support their Liquefied Natural Gas (LNG) import...
Glencore, Vitol, 99 Others Bid for NNPC’s Offshore Processing Agreement
International oil trading companies, Glencore, Vitol S.A, BP Oil International and Total Oil Trading S.A have joined‎ 96 other companies in bidding for the...
Oil Tankers Slam Prohibitive Rates To Lift Nigeria’s Crude
By Pita Ochai
Nigeria’s latest effort to combat theft could imperil its oil income lifeline, compounding the damage the crude price fall has done to...
Pipeline Vandals Kill 10 SSS Operatives In Ikorodu, Lagos
Pipeline vandals at the Arepo area of Ogun State, yesterday allegedly killed ten operatives of the Department of State Services (DSS) in what was...
Oil Theft: NNPC to Deploy Drones in Nigeria’s Territorial Waters
…Says oil theft, pipeline vandalism claims 350 lives in three years
The Nigerian National Petroleum Corporation (NNPC) declared plans to deploy drones across the nation’s...
NNPC to unbundle PPMC into three companies
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ABUJA-REFORM, cleansing and restructuring of Nigeria’s oil and gas industry has taken a step further as Nigeria National Petroleum Corporation, NNPC has announced moves...
Buhari Directs NNPC To Work With Indigenous Oil Producers To Boost...
President Muhammadu Buhari Wednesday in Abuja directed the management of the Nigerian National Petroleum Corporation (NNPC) to work more closely with the indigenous oil...
Nigerian Gov’t Urged To Increase Oil Output above 2.2m Bpd
The Federal Government has been urged to increase crude oil production from the current level of between 2.2millon and 2.3 million barrels per day...
PETAN Refocus On Gas To Attract Investment Into Nigeria
By Margaret Nongo-Okojokwu
Gas utilisation is a primary goal of Nigeria's petroleum and energy policies. This is because, with a proven reserve of 260 trillion...
PETAN Leads Nigerian Delegation To Offshore Technology Conference (OTC), 2015.
Offshore Technology Conference (OTC) is an annual gathering of thousands of people from around the world with interest in oil and gas, comprising policy...
