Key Nigerian agencies have agreed to partner in oil revenue savings and promotion of better attitude to public office.
Chevron Nigeria Limited on Wednesday lauded its team for winning multiple awards at this year’s Nigeria Annual International Conference and Exhibition (NAICE) of the Society of Petroleum Engineers (SPE) in Lagos.
Chevron Nigeria Limited (CNL) said it spent $2.5 billion on local content development in Nigeria’s oil and gas sector, representing 65 per cent of the total Nigerian goods and services expenditures for the year.
The Addax Petroleum Company on Tuesday confirmed the proposed closure of its corporate offices in Geneva, Aberdeen and Houston in the United States of America.
Some Yenagoa residents and business outfits have lauded the Port-Harcourt Electricity Distribution Company (PHEDC), for improved power supply in the area.
The Nigeria’s oil and gas industry would require $10 billion (N3.05 trillion) over the next three years to increase crude oil production from 2.2 million barrels per day (bpd) to 3 million bpd.
The Nigerian National Petroleum Corporation has put the cash call arrears owed oil companies for the development of joint venture assets at $6.6bn (N2.01tn).
Dr. Baru commended the NNPC finance and technical teams for being able to attract the much needed foreign investment at a period when it has become increasingly difficult to attract foreign credit facilities.
The Nigerian National Petroleum Corporation, NNPC, said on Monday the nation’s current crude oil production had risen to 2.35 million barrels per day.
The Minister of State for Petroleum Resources, Emmanuel Ibe Kachikwu, says Nigeria has lost about $60 billion to the non-enforcement of the terms of the Production Sharing Contracts signed between the federal government and the international oil companies.
A lawmaker, Sen. Stella Oduah, has urged Nigeria National Petroleum Corporation to put an adequate metering system in place to enable Nigerians to know the country’s exact daily oil production.
The instability in electricity supply from the national grid has continued to make businesses to look inwards through independent power generation, a new report has said.
The management of Skye Bank Plc is seeking to take over some oil wells belonging to Jide Omokore, a businessman involved in some corruption cases within and outside Nigeria saying Omokore is indebted to it to the tune of about N110bn at an exchange rate of $1/N315.
Over 15,000 refugees from Sokoto and Zamfara States, mainly women and children, are currently taking refuge in some communities of Niger Republic, the National Emergency Management Agency (NEMA) has said.
The Chairman Nigerians in Diaspora Commission (NIDCOM), Mrs Abike Dabiri-Erewa, has denied a report accusing some foreign airlines of running drug cartels in the country.
The Civil Defence, Fire, Immigration and Prisons Services Board (CDFIPB) has promoted 18, 954 personnel of the four departments.
The Peoples Democratic Party (PDP) presidential candidate, Alhaji Atiku Abubakar, has said that the Minister of Information Lai Mohammed should be arrested for a breach of security and apologized to him and the PDP.
The Federal Government said it has taken delivery of two helicopters, 20 speed boats, and other equipment needed to secure Nigerian waters.
Immediate past Minister of State, Aviation, Hadi Sirika on Wednesday invited the Aviation Unions to a meeting to address issues raised by the workers concerning faulty organogram and the non-constitution of board members at the Nigerian Civil Aviation Authority (NCAA).
President Muhammadu Buhari has again decried the loss of lives and property to banditry in Zamfara State.
A missing 12-year old boy, Joseph Victor, has been found in Awka, Anambra State.
The Independent Hajj Reporters, a civil society organisation that monitors and reports hajj activities, has commended Muslim Pilgrims Welfare boards in the states for their efforts in keeping the cost of hajj within N1.5 million, despite the increased in some hajj services in Saudi Arabia.
Ilkay Gundogan is ready to reopen contracts talks with Manchester City after their historic domestic treble.