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Nigerian National Petroleum Corporation (NNPC)

NNPC increases gas supply to power sector by 19 percent

The Nigerian National Petroleum Corporation (NNPC) has announced an increase of 19.14 per cent in the average daily natural gas supply to power plants in April 2020.

NUPENG pickets oil firm over anti-labour practices

The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) on Thursday picketed the Victoria Island, Lagos office of Variant Energy Services over anti labour practices.

NSIA posts N36 billion profit in 2019

The Nigeria Sovereign Investment Authority (NSIA) recorded a profit of about N36.15 billion from its investments in the 2019 financial year but fears worse returns this year due to the impact of the COVID-19 pandemic on its markets.
President Muhammadu Buhari is currently presiding over the Emergency National Executive Council, NEC, meeting of the All Progressives Congress, APC, at the Council Chamber, Presidential Villa, Abuja.

President Buhari flags-off AKK gas pipeline project

President Muhammadu Buhari is expected to flag-off virtually the construction phase of the Ajaokuta-Kaduna-kano, AKK, pipeline simultaneously in Ajaokuta Kogi State and Rigachikun in Kaduna State, today, Tuesday, June 30.
Organisation of Petroleum Exporting Countries (OPEC) | Reuters

Bonny Light price bounces back to $40 as OPEC, GECF meet over oil market

The price of Bonny Light, Nigeria’s Bonny Light, has bounced back to $40 per barrel, as the Organisation of Petroleum Exporting Countries, OPEC and the Gas Exporting Countries Forum, GECF, have ended a successful engagement over the oil market.
The Egyptian Ministry of Petroleum and Mineral Resources announced on Thursday a new oil discovery in the shallow waters of Geisum concession south of the Gulf of Suez, with an initial production rate of 2,000 barrels of crude oil per day.

Egypt announces new oil discovery at Gulf of Suez

The Egyptian Ministry of Petroleum and Mineral Resources announced on Thursday a new oil discovery in the shallow waters of Geisum concession south of the Gulf of Suez, with an initial production rate of 2,000 barrels of crude oil per day.
The Northern Governors’ Forum said it is shocked and devastated over the death of former Group Managing Director of Nigeria National Petroleum Corporation (NNPC), Dr Maikanti Kachalla Baru.

Northern governors devastated with former NNPC chief’s demise

The Northern Governors’ Forum said it is shocked and devastated over the death of former Group Managing Director of Nigeria National Petroleum Corporation (NNPC), Dr Maikanti Kachalla Baru.
Nigerian National Petroleum Corporation (NNPC)

PANDEF: South-South, South-West, South-East marginalized in NNPC

Pan-Niger Delta Forum, PANDEF, the mouthpiece of traditional rulers, leaders and stakeholders of the coastal states of Niger Delta, Friday, warned the Nigeria National Petroleum Corporation, NNPC, which has allegedly sidelined South-South, South-West and South-East from its top management positions, to stop insulting the people of the oil/gas-rich region.

Fifty unsold cargoes of Nigeria’s oil await buyers in global market

The global oil market remains dull as 50 unsold cargoes of Nigeria’s Bonny Light await buyers, indicating that the volatile market is still flooded with unsold stocks.
Seplat Petroleum Development Company

Seplat targets more acquisitions as shareholders get $59m dividends

Seplat Petroleum Development Company Plc remains a resilient business with strong balance sheet to acquire more oil and gas assets and ensure sustainable growths and returns to shareholders.

DPR defers implementation of oil industry training fees

The Department of Petroleum Resources (DPR) has announced the postponement of the implementation of the new registration fees for oil and gas trainings in the country till further notice.
Nik Odinuwe

PETAN: Critical stakeholders capable of leading petroleum industry

The Petroleum Technology Association of Nigeria (PETAN) has commended the critical stakeholders involved in the signing of the Engineering, Procurement, and Construction (EPC) contract for the Nigerian Liquefied Natural Gas (NLNG) Limited Train 7 contract for their expertise.
The requests contained in three separate letters read at the beginning of plenary on Tuesday by the Senate President, Ahmad Lawan. 3

Senate begins amendment of Nigeria’s local content law to strengthen economy

The Senate has commenced amendment of the Nigerian Oil and Gas Industry Content Development Act 2010, following the consideration of a bill seeking to boost local content and strengthen the nation’s economy.
Speaker of the House of Representatives, Rt. Hon. Femi Gbajabiamila; President of the Senate, Senator Ahmad Lawan; and Deputy Senate President, Senator Ovie Omo-Agege being briefed on Thursday by the Minister of Finance, Budget and National Planning, Zainab Ahmed, on the amendment of the 2020 budget.

National Assembly leadership meets finance minster over 2020 budget amendment

The Leadership of the National Assembly on Thursday met with the Minister of Finance, Budget and National Planning to be briefed by the latter on the plan by the Federal Government to amend the N10.59 trillion 2020 budget passed by the National Assembly in December last year.
Nyesom Wike

Governor Wike: Why I demolished hotels in Rivers

Governor Nyesom Wike has said he demolished two hotels in Eleme Local Government Area (LGA) of Rivers state and placed N5 million bounty on Peoples Democratic Party (PDP) Youth Leader in the area for alleged breach of Covid-19 orders and “deadly attack” on a Task Force.
A worker fills a car's tank at the CO-OP petrol station in Cairo, Egypt April 2, 2020. REUTERS-Mohamed Abd El Ghany

Centre demands framework for fuel subsidy removal

The federal government should provide a detailed framework for its decisions to end fuel subsidy in the country and the planned oil and gas licensing round, civil society groups advocating for the reform of the country’s oil and gas industry have demanded.

Bauchi community tackles construction company over pollution

Residents of Birshin Fulani village in Bauchi Local Government Area of Bauchi State have accused a construction company, Triacta Nigeria Limited of polluting their environment while blasting a rock located in the area for gravels and cracking their buildings.
Acting Governor Baba Tella made the observation at the weekend while updating reporters on efforts by the state to fight COVID-19.

Bauchi to establish coronavirus testing laboratory

Worried by the increasing number of COVID-19 positive cases in the state coupled with the rigours of going to Abuja for testing, Bauchi State Government has declared that it will soon establish its own testing laboratory.

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Dr Chikwe Ihekweazu, Director General of NCDC, disclosed this on Monday on Channels Television, Programme “Sunrise Daily”, while, speaking on COVID-19 pandemic in Nigeria.

NCDC rules out elderly, symptomatic coronavirus patients from home care

The Nigeria Centre for Disease Control has ruled out elderly patients and those with severe symptoms from home care treatment for COVID-19.
The Nigeria Police Force says its investigation shows that Boko Haram, Ansaru and other terror groups are getting support from some Nigerians.

Police order arrest of fake coronavirus taskforce in Anambra

Anambra State Commissioner of Police, Mr John Abang, has ordered the arrest of illegal task force teams claiming to be enforcing COVID-19 measures including wearing of face masks in the state.
Governor Abubakar Badaru Babura of Jigawa

Governor Badaru: Jigawa power transmission substation set for inauguration

Gov. Muhammad Badaru of Jigawa says the 96 megawatts capacity Gagarawa power transmission substation is set for inauguration in three weeks time.
Ibrahim Magu

Presidency: Ibrahim Magu’s probe shows anti-corruption fight is real

The Presidency on Saturday said those who hold the belief that the ongoing investigation of the suspended acting chairman of the Economic and Financial Crimes Commission, Ibrahim Magu, is an indication of the administration’s failing anti-corruption fight have missed the point.

NGO distributes palliatives to physically changed

Lola Cater for the Needy Foundation, an Abuja-based non-governmental organisation, has distributed some palliative materials to the People Living With Disabiluties (PLWDs) in Karamajiji, Abuja.