LONDON – With more than 200,000 barrels per day (bpd) of crude oil being lost to pipeline vandalism, crude oil theft and spills, Nigeria ranks fourth...
…announces three key appointments LONDON – Chevron Corporation today announced that it is making three key appointments to its executive team and realigning its existing technology...
…denies owing FAAC N2.3 trillion ABUJA – The Management of the Nigerian National Petroleum Corporation, NNPC , has refuted a statement credited to Edo State Governor,...
ABUJA – The House of Representatives committee on finance has uncovered a shortfall of N320.654 billion in the revenue remittance by the Nigeria National Petroleum Corporation...
ABUJA – According to NNPC CEO Andrew Yakubu in a statement issued by the company yesterday in Abuja, Nigerian National Petroleum Corp has produced an average of...
LAGOS – Shell Companies in Nigeria (SCiN) emerged “Best Company in Education” at the annual Social Enterprise Report and Awards (SERAs) ceremony held in Lagos on...
ABUJA – The Petroleum Industry Bill currently before the National Assembly (Parliament) for legislative action has been described as a veritable piece of legislation capable of...
ABUJA -Nigeria’s Federal Government has reduced public spending on oil subsidy payments from N2.2 trillion in 2012 to N971 billion last year. This represents a reduction...
PORT HARCOURT – U.S.-based Chevron Corp will receive bids on Sept. 30 from prospective buyers of three oil blocks in the Niger Delta, with several local...
LAGOS– Angola’s oil exports will rise to around 1.74 million barrels per day, bpd, in November, a shipping list showed, leaving supplies virtually level with top...