By Yemie ADEOYE LAGOS-SAHARA Group, a leading African Energy and Infrastructure conglomerate will on November 10, 2015 in New York, join other stakeholders for the launch...
By Yemie ADEOYE LAGOS-SHELL Nigeria Exploration and Production Company (SNEPCo) has signed an agreement with Project Gaia Prospects Limited (PGPL) for the conduct of a pilot...
…announces significant advancement to oil finds in Chad basin By Yemie ADEOYE ABUJA-THE Nigerian National Petroleum Corporation, NNPC has announced plans of a 20 billion dollars investments...
…plans to increase the nation’ s crude production to 3M bpd by 2016 By Yemie ADEOYE LAGOS– THE Nigerian National Petroleum Corporation (NNPC) has announced that the sum of...
By Yemie ADEOYE ABUJA-THE Federal Government of Nigeriais currently working on the 2016 budget that will be between N7tn and N8tn (about $40.8 billion). The figures...
By Yemie ADEOYE LAGOS-THE Department of Petroleum Resources (DPR) on Thursday closed down the depots of Total Nigeria Plc, Dee Jones Limited and Eterna Oil Plc...
…secures fresh $91M loan By Yemie ADEOYE LAGOS-Oando Energy Resources (OER), the upstream subsidiary of Oando PLC, has announced the repayment of its $100 Million African...
Oscarline ONWUENMENYI A heavy glut of crude oil in the Atlantic basin kept differentials of Nigerian crude oil under pressure on Wednesday, with more than 60...
ABUJA-EXECUTIVE Secretary of Nigeria Extractive Industries Transparency Initiative, NEITI, Mrs. Zainab Ahmed, has urged the Federal Government to reduce Domestic Crude Allocation, DCA, to Nigerian National Petroleum...
…As NNPC Injects additional Volume of petrol By Yemie ADEOYE ABUJA-THE Nigerian National Petroleum Corporation, NNPC on Wednesday stepped up measures to eliminate the noticeable fuel queues...