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The long closure of the Enugu depot of Nigerian National Petroleum Corporation, NNPC, is no doubt hitting hard on oil marketers in the South East who now source their products from far distances with the attendant risks involved.
Seplat Petroleum Development Company Plc has said the Assa North-Ohaji South (ANOH) gas and condensate processing plant in Imo State slated to commence operations in 2021, will further boost the power generation in Nigeria by over 1,200 megawatts.
Minister of State for Petroleum, Chief Timipre Sylva, has lauded oil and gas giant, Chevron Nigeria Ltd, for its immense contributions to the growth and development of the oil and gas sector in Nigeria.
The Department of Petroleum Resources (DPR), Warri Zonal Office on Tuesday said it has sealed 10 gas plants and 40 gas retail shops over various offences in Delta.
The Head of Gas, Department of Petroleum Resources (DPR), Mr Niyi Olowookere, said the organisation will continue to clamp down on illegal retail gas owners to ensure the safety of lives and property.
The Delta State government has placed an embargo on any form of protest by youths and folks from communities to any oil firm operating in the oil and gas-rich state.
The Department of Petroleum Resources on Sunday, vowed to clampdown on any illegal gas retailers across the 23 Local Government Areas of Kaduna State, adding that operators of gas not licensed by the agency risk prosecution.
The Nigerian National Petroleum Corporation (NNPC) recorded a trading surplus of ₦13.23billion in October 2019.
Lekoil, the oil and gas exploration and production company with a focus on Nigeria and other West African nations has secured $184 million to finance the appraisal drilling and initial development programme activities on the Ogo field within Oil Prospecting Lease, OPL 310.
The Nigerian National Petroleum Corporation (NNPC) and the Chevron Nigeria Limited (CNL) have executed agreements over the multi-billion dollars Escravos Gas-to-Liquid (EGTL) project.
President of the Senate, Ahmad Lawan, on Wednesday assured investors who are willing and ready to invest into the Nigerian economy of adequate protection and support.
The statement said energy professionals and consultants gathered by the ministry agreed that to achieve the new targets set by President Muhammadu Buhari’s administration for the Oil and Gas sector, there is need to put a sound and stress-free acreage management policy in place.
The $60 billion inflows from the Investors’ and Exporters’ Foreign Exchange (I&E Forex) Window has contributed to the sustained stability of the naira against world currencies for the last 29 months, the Central Bank of Nigeria (CBN) Governor, Godwin Emefiele has said.
President Muhammadu Buhari on Friday in Malabo, said leaders of neighbouring countries would work together and provide all necessary assistance to secure the Gulf of Guinea.
The Federal Government is to construct a 600-kilometre gas pipeline from Ajaokuta through Kaduna to Kano, President Muhammadu Buhari has revealed.
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC) Malam Mele Kyari, says the Final Investment Decision (FID) for Nigerian Liquefied Natural Gas (NLNG) Train 7 would be executed in December.
Manchester United manager Ole Gunnar Solskjaer is confident Odion Ighalo will deliver the goods for the side.
The Senate on Wednesday considered a bill seeking to establish the National Commission Against the Proliferation of Small Arms and Light Weapons.
President of the Senate, Ahmad Lawan, on Wednesday said the National Assembly has devised a strategy that will see to the creation of institutions dedicated to providing enduring solutions to Nigeria's security travails. Academy
The Senate on Wednesday observed a minute silence in honour of renowned Nigerian novelist and former Registrar of the West African Examinations Council (WAEC), Chukwuemeka Ike.
Rangers have been fined £15,000 by the Scottish FA for failing to act in an “orderly fashion” in games against Celtic and Hibernian in December.
The Delta State Police Command has arrested the Proprietor of Grace Life International School, Oghara-Efe, in Ethiope East Local Government Area of the state, Mr Michael Anigholor, who allegedly raped a corp member, (name withheld)
The Gunners want to tie the 18-year-old to a lucrative new long-term contract to replace his current deal, which finishes next year.
Ighalo made his first appearance for the Ole Gunnar Solskjaer’s side in their 2-0 win over Chelsea at Stamford Bridge, the on-loan Shanghai Shenhua star replaced one of the goalscorers, Anthony Martial, with just finished minutes to the end of the game.
The Italian Post Office has delivered a swift response to Juventus manager Maurizio Sarri for suggesting their job is not scrutinised to the same extent as his own as a football manager.
The Independent National Electoral Commission (INEC) has explained why it has paved the way for the swearing-in of the candidate of Peoples Democratic Party (PDP), Douye Diri, as governor of Bayelsa State after Thursday’s Supreme Court judgment that sacked the All Progressives Congress (APC) candidate, David Lyon, who won the November governorship election.