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Minister of State for Petroleum Resources, Dr Emmanuel Ibe Kachikwu

Minister Kachikwu challenges ExxonMobil, others on gas commercialization policy

The Minister of State for Petroleum Resources, Dr Ibe Kachikwu has urged ExxonMobil and other International Oil Companies operating in Nigeria, to key into the gas commercialization policy of government for gas development in the country.

NCDMB: Shell leads IOCs in local content

The Nigerian Content Development and Monitoring Board (NCDMB) on Sunday recognized Shell as the most impactful International Oil Corporation (IOC) on Local Content Initiatives in the Nigerian Oil and Gas industry.

Oando boosts stakeholder confidence, records 37% increase in turnover

Oando PLC has once again demonstrated its ability to deliver good results and create value for shareholders. The indigenous oil company on Friday, March 29, published its financial results for the full year ended, December 31, 2018.

Big oil companies record enormous profits

The world’s top oil companies, the “supermajors” — US firms Chevron and ExxonMobil, Britain’s BP, Anglo-Dutch Royal Dutch Shell and Total of France – earned nearly $80 billion in net profits last year.

ExxonMobil, QIPP power firm to invest $1.6 billion in Akwa Ibom

Oil giants ExxonMobil and power firm QIPP initiate plans to invest a combined $1.6 billion in the development of gas and power projects in Akwa Ibom state

NNPC: Oil output to hit 1.8 million bpd in 2019

Nigeria will increase its oil production to 1.8 million barrels per day next year, Nigeria National Petroleum Corporation (NNPC) Group Managing Director, Maikanti Baru, has declared.
Nigerian National Petroleum Corporation (NNPC)

Official: NNPC may sign oil swap deals with Shell, ExxonMobil

The Nigerian National Petroleum Corporation (NNPC) could sign crude-for-product deals with Shell and ExxonMobil, similar to one signed with BP last week, a senior NNPC official told Reuters on Monday.
Turkish President Recep Tayyip Erdogan has inaugurated a massive new airport project in Istanbul, which, once complete, is expected to become one of the world's largest.

Recep Erdogan warns ‘sea bandits’ over Cyprus energy exploration

Turkish President Recep Tayyip Erdogan on Sunday warned foreign oil companies over energy exploration off Cyprus, describing those who defy Ankara as "bandits of the sea" who would face a similar response as its foes in Syria.
Zimbabwe President elect Emmerson Mnangagwa addresses a press conference at State House in Harare, on August 3, 2018. Mnangagwa defended the landmark election in which he was declared victorious, despite claims from the opposition of vote-rigging. MARCO LONGARI / AFP

Zimbabwe’s Emmerson Mnangagwa says study points to oil in country

Zimbabwe's President Emmerson Mnangagwa said Thursday that an Australian firm would explore for oil and gas in the nation after a study indicated deposits.

Clapping for Chris Ngige with one hand

The Minister of Labour and Productivity, Chris Ngige, is wondering why we’re not clapping for the government of President Muhammadu Buhari first thing every morning and, perhaps, last thing at night before going to bed.

Blockade: Nigeria set to lose 550,000 barrels of oil – ExxonMobil

ExxonMobil said a blockade by former employees threatens crude production at oil facilities in Nigeria, adding that “disruptions to these operations have the potential to significantly impact revenues.”

Ex-Staff block ExxonMobil’s facilities

ExxonMobil’s Nigerian oil producing unit, weekend said its crude production and exports facilities from the Qua Iboe terminal had come under threat following an over six-week blockade by former employees protesting their dismissal.

NLNG: Nigeria to become 3rd world largest exporter of gas

The Nigeria Liquefied Natural Gas (NLNG) Ltd., says its ongoing plans to reach a Final Investment Decision (FID) on its Train-7 project by December will make Nigeria the third World largest gas exporter.

ExxonMobil: Why we sacked spy police officers

The Management of ExxonMobil has given reasons why spy police officers on the company’s employ were terminated shortly after being absorbed in compliance with the recent Supreme Court order.
The Lagos headquarters of ExxonMobil has been shut down by the company’s workers’ unions over the sacking of 860 spy police without entitlement

Workers shut ExxonMobil HQ for sacking 860 Nigerian workers

The Lagos headquarters of ExxonMobil has been shut down by the company’s workers’ unions over the sacking of 860 spy police without entitlement.

ExxonMobil Lagos headquarters shut by protesting workers

The Lagos headquarters of ExxonMobil has been shut down by the company’s workers’ unions over the alleged dismissal of 860 security personnel without entitlement.

ExxonMobil staff protest sack of 860 spy police

Aggrieved Staff of ExxonMobil in Akwa Ibom state on Friday took to the streets over the sack of 860 spy police in the company without entitlements.

Village head, four others arrested for allegedly abducting 19 oil workers

The Akwa Ibom Police Command on Sunday confirmed the arrest of a village head and four suspects for allegedly abducting 19 ExxonMobil staff members.

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140 IPOB members arraigned for allegedly plotting to overthrow President Buhari

An Enugu East Magistrates Court presided by Magistrate A. N. Chioke has remanded 140 members of the proscribed Indigenous Peoples of Biafra (IPOB) over an alleged treason.

Federal government disburses $22.216 million on Tradermoni, other empowerment schemes

Part of recovered looted funds of late Head of state, Gen. Sani Abacha, was expended on various empowerment initiatives of the government, Senior Special Adviser to the President on Social Investments, Maryam Uwais, disclosed in on Thursday
President Muhammadu Buhari has congratulated Prime Minister Narendra Modi of India and the Bharatiya Janata Party (BJP) on their election victory.

President Buhari congratulates India’s Narendra Modi on election victory

President Muhammadu Buhari has congratulated Prime Minister Narendra Modi of India and the Bharatiya Janata Party (BJP) on their election victory.

N2 billion fraud: Court revokes bail, orders arrest of ex-Governor Aliyu

Justice A. B. Aliyu of the Federal High Court in Minna, Niger State on Thursday revoked the bail granted to the former Niger State Governor Babangida Aliyu and the former state governorship candidate of the Peoples Democratic Party (PDP), Alhaji Umar Gado Nasko.
Nigerian National Petroleum Corporation (NNPC)

NNPC recruitment: Applicants to undergo computer-based test

The Nigerian National Petroleum Corporation (NNPC) has revealed that the third phase of its ongoing recruitment exercise will involve a computer-based test, which comes up on June 1.