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Seplat Petroleum Development Company

IOCs, Seplat, others to meet gas needs

International Oil Companies (IOCs), Seplat and other local players in the industry, will soon meet on the need to expand the domestic gas market and further make the product available to thermal plants across the country, it was gathered in Lagos.

Reviving cultural values, panacea for societal problems – minister

The Minister of Information and Culture, Alhaji Lai Mohammed, has said revival of the nation’s cultural values is a panacea to some of the problems confronting the country due to moral decadence.

Minister: Reviving cultural values, panacea for many societal problems

Alhaji Lai Mohammed, the Minister of Information and Culture, has said the revival of the nation’s cultural values is a panacea to some of the problems confronting the country due to moral decadence.
Nigerian National Petroleum Corporation (NNPC)

NNPC remits N729.3 billion, N602.3 billion to Federation Account

The Nigerian National Petroleum Corporation (NNPC) said it remitted N729.3billion and N602.30billion to the Federation Accounts and Joint Ventures (JV) respectively between July 2018 and July 2019.
In a bid to create access to quality education, Governor Nyesom Wike of Rivers State has announced the abolition of all forms of fees and levies in public primary and secondary schools across the state.

US-based Ogoni groups warn Rivers governor against acquisition of OML 11 from Shell

The National Union of Ogoni Students International USA, Ogoni Lives Matter INTL USA and Movement For The Survival of Ogoni People (MOSOP) USA, have warned Governor Nyesom Wike of Rivers State over his alleged plan to acquire 45% shares of OML 11 from Shell Oil Plc.
The Nigerian Guild of Editors, NGE, yesterday, expressed optimism in the ability of the Group Managing Director of the Nigerian National Petroleum Corporation, NNPC, Mallam Mele Kyari to steer the corporation to enviable heights.

NNPC: JV oil assets sold to incompetent operators

The Nigerian National Petroleum Corporation, NNPC, Tuesday, disclosed that buyers of the divested assets of its Joint Venture, JV, partners have all failed to make meaningful impacts and contributions to the development of the assets, almost gently years after their sale.

Shell inaugurates 34 projects in Delta communities

The Shell Petroleum Development Company of Nigeria Limited (SPDC) Joint Venture (JV) has appealed to its host communities to continue to create the enabling environment for sustainable business growth.

Nigeria moves to recover 35,000bpd lost to Shell-Belema oil dispute

The federal government says it is determined to continue to extract over 35,000 barrels per day of crude oil output lost to a community dispute in the Niger Delta region.
Waziri Adio NEITI

Nigeria earned N28.6 trillion from oil, non-oil sources in five years

The Nigeria Extractive Industries Transparency Initiative (NEITI) said that N28.58 trillion was remitted to the Federation Account between 2012 and 2016, from mineral revenues, non-mineral revenues and Value Added Tax (VAT).

Shell loses N73 billion yearly to oil thieves

Shell Petroleum Development Company of Nigeria (SPDC) Joint Venture says it loses about N202 million daily in revenue to activities of criminals in the Niger Delta. This translates to a yearly loss of N73.7billion.

Shell loses N202 million daily to vandals, oil thieves – official

Shell Petroleum Development Company of Nigeria (SPDC) Joint Venture says it loses about N202 million daily in revenue to activities of criminals in the Niger Delta.
Nigerian National Petroleum Corporation (NNPC)

NNPC ‘not tax agency’

The Nigerian National Petroleum Corporation (NNPC) yesterday said the collection of taxes and other cash due to the Federal Government in the oil and gas industry was not its responsibility.
Melee Kyari

Melee Kyari: NNPC has no secret account

The Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, says the corporation has no secret accounts that breach the Treasury Single Account (TSA).

Oando records six per cent increase in turnover

The oil giant, whose operation was grounded by the Securities and Exchange Commission (SEC) when it laid siege to its head office with the police, weathered the storm and recorded a six per cent increase in revenue of N315.4 billion, from N297.3 billion, in comparative period of 2018.

Chevron: Ojumole Well 1 fire has been put out

Oil giant, Chevron Nigeria Limited (CNL), operator of Joint Venture (JV) between the NNPC and CNL (NNPC/CNL JV), says the fire that gutted its Ojumole Well No 1 has been put out.
The Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Dr Maikanti Baru, says the country’s daily oil production is currently 2.32million barrel pre day.

NNPC: Nigeria daily oil production hits 2.3 mbpd

The Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Dr Maikanti Baru, says the country’s daily oil production is currently 2.32million barrel pre day.

Federal government exceeds oil budget target

Nigeria’s crude oil and condensates production has risen to 2.323 million barrels per day (bpd), exceeding the 2019 budget benchmark of 2.3 million bpd.

Oando steadily wins shareholder confidence, posts N4.6 billion profits in Q1 2019

The year 2019 continues to favor Oando PLC, Nigeria’s leading indigenous energy solutions provider. At the end of March the company published its FYE 2018 results with the announcement of a third consecutive year of profits. The company continues to wax strong posting results for the first quarter of 2019 (Q1

Recent Stories

Gbenga Omotoso

Lagos: Blue rail line to commence operation next year

Lagos State government on Sunday gave an assurance that by December 2020, the Blue Rail Line project will come on stream and will be fully operational in the next two years from Mile 2 to Marina in its aggressive drive to address the transportation problem in the state.
Fulani elders have distanced themselves from Miyetti Allah Kautal Hore president, Alhaji Bello Bodejo, for attacking All Progressives Congress (APC) stalwart Asiwaju Bola Ahmed Tinubu, over 2023 presidency.

Asiwaju Tinubu: We must handover strong, vibrant nation to young Nigerians

National Leader of the All Progressives Congress (APC), Senator Bola Tinubu, has identified the need for all and sundry to be committed to steadying the nation with a view to handing over a vibrant and strengthened nation to young leaders.
The Arewa Consultative Forum, ACF, has condemned any attempt to pay the legislators of the 9th National Assembly a whopping sum of 19.8 billion naira as welcome package.

Arewa CF: Killing of aid workers in Borno is a clear desecration of Islam

The Arewa Consultative Forum (ACF) has described the killing of four aid workers by Boko Haram in Borno State on Saturday as a clear desecration of Islam which preaches sacred inviolability of the individual.
Ibrahim Shehu Gusau emerges new AFN President

Ibrahim Gusau to face AFN probe panel Wednesday over corruption allegations

Embattled and suspended president of the Athletics Federation of Nigeria, Shehu Ibrahim Gusau, has been given Wednesday, December 18, 2019, to appear before the panel set up by the federation investigating allegations of financial impropriety, misapplication of funds and breaches of the AFN constitution against him.
The Nigeria women national basketball team, D’Tigress on Sunday defeated hosts Senegal in the final of the FIBA Women’s AfroBasket to win their fourth continental title. - 20

Olympic Qualifiers: D’Tigress coach invites Murjanatu Musa, 13 others

D’Tigress Head Coach Hughley Otis Jr. has named 2019 Nigeria Women’s Premier League MVP Musa Murjanatu in the 14-player roster for the FIBA Women’s Olympic Qualifying Tournament next year.