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Wednesday, May 14, 2025

Oil & Gas

Divestment: Host communities drag Shell to court for breach of ‘Mareva’ injunction

A Senior Advocate of Nigeria (SAN), Mr Mohammed Ndarani, on behalf of over 1,216 residents of host communities filed a claim of N500 billion...

Ogoni clean-up: HYPREP seeks NOSDRA’s support

The Hydrocarbon Pollution Remediation Project (HYPREP) has solicited support of the National Oil Spill Detection and Response Agency (NOSDRA) to accelerate the Ogoni Clean-Up...

NUPRC secures over N60bn, $100m for host community development

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says it has successfully secured over N60 billion and $100 million for the oil and gas host...

NNPC/Chevron JV concludes conversion of assets into PIA terms

In line with the Petroleum Industry Act (PIA) 2021 provisions of transiting assets from the Petroleum Profit Tax (PPT) into PIA terms, the NNPC...

NCDMB lauds NLNG’s Train 7 Project achievements, calls for greater industry collaboration

The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Felix Omatsola Ogbe, has commended the significant Nigerian Content strides achieved in...

Oando to boost Nigeria’s oil production to 2mbpd – Lokpobiri

Minister of State Petroleum Resources (Oil), Sen. Heineken Lokpobiri, says Oando’s acquisition of Eni’s Subsidiary, Nigerian Agip Oil Company (NAOC), will ramp up crude...

We face financial strain due to PMS supply costs – NNPC

Nigerian National Petroleum Company Limited (NNPCL) has acknowledged recent reports in national newspapers regarding the company's significant debt to petrol suppliers. Chief Corporate Communications Officer at...

NCDMB retains top ranking as Presidential Council evaluates efficiency, transparency of MDAs

The Nigerian Content Development and Monitoring Board (NCDMB) has retained its top ranking in business efficiency and transparency among ministries, departments and agencies (MDAs),...

Latest news

Worry as Dangote Refinery, oil marketers in face-off over pricing, market control

A fresh wave of confrontation appears to be brewing in Nigeria’s downstream petroleum sector, as the Dangote Refinery, a...
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Olubolade: Ekiti has lost a great son – Gov Oyebanji

The Ekiti State Governor, Biodun Oyebanji, has expressed condolences on the death of a former Military Administrator of Bayelsa...

Lagos delivers nearly 10,000 homes, targets 14,000

The Lagos State Government says it has delivered 9,970 homes in the past six years as part of ongoing...

Must read

Worry as Dangote Refinery, oil marketers in face-off over pricing, market control

A fresh wave of confrontation appears to be brewing...

Olubolade: Ekiti has lost a great son – Gov Oyebanji

The Ekiti State Governor, Biodun Oyebanji, has expressed condolences...
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