Oil& Gas
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NNPC, Shell, Chevron agree to boost oil reserves, FG revenue
Two sets of alternative financing agreements on Joint Venture (JV) projects to boost reserves and production in line with government’s…
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NNPC/FIRST E&P JV secures over $700m Schlumberger funding
The plan by the Nigerian National Petroleum Corporation(NNPC) to grow the nation’s crude oil reserves to 40 billion barrels by…
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Shell Nigeria considers investment in gas project in Niger Delta
Shell is considering whether to invest in a gas project in Nigeria’s southern Niger Delta energy hub, the managing director…
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New bill won’t lead to fuel price hike -Saraki
CNPP vows to resist fuel tax, backs Labour, students Senate plans to debate motion on high interest rates The Senate…
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CNPP critisize National Assembly over plan to hike fuel price
The Conference of Nigeria Political Parties (CNPP) has accused the National Assembly of taking more anti-people decisions rather than resolutions…
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NNPC to support law against gas flaring
The Nigerian National Petroleum Corporation (NNPC) has said that it has put in place measures and facilities to curb gas…
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Gas suppliers demand cash before delivery
The Association of Power Generation Companies (APGC) has said the gas-fired Generation Companies (GenCos) owe gas suppliers about N200billion debt…
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U.S increases import of Nigerian crude
US crude imports from Nigeria rose by 13.6 per cent to 325,000 barrels per day from 286,000 b/d the most…
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Oando shares soar by 131%, its highest level in 18 months
Figures from the Nigeria Stock Exchange (NSE), show that stocks hit a four-month high earlier this week, lifted by gains…
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NUPENG urges FG:Create agency to protect pipelines
The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has appealed to the Federal Government to create Pipeline Protection…
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