FG Yet To Approve Mobil Assets Acquisition-Seplat MD
Seplat Energy Plc has said the sale and purchase agreement to acquire the entire share capital belonging to Mobil Producing Unlimited, Nigeria for $1.28...
FG May Spend N5trn For Petrol subsidy In 2023 –Agusto & Co
Nigeria will spend a total of N5 trillion if the federal government carries on with the petrol subsidy regime in 2023.
Business rating and economic...
We Are Not Stopping Operations In Nigeria-Chevron
Chevron Nigeria Limited (CNL), operator of the joint venture with the Nigerian National Petroleum Limited (NNPC), has said it has no plan to exit...
MOMAN decries continues Subsidy Regime
The Major Oil Marketers Association of Nigeria (MOMAN) has decried the continuation of petrol subsidy, saying it has effectively affected industry players to deal...
Nigeria-Morocco gas pipeline: Nigeria signs MoU with Ghana, Gambia, Guinea Bissau
The Nigerian National Petroleum Company Limited has signed five Memoranda of Understanding with the national oil companies and relevant entities of five African countries on...
NNPCL, partners begin devt of 1bn barrels Kolmani oil field
President Muhammadu Buhari yesterday flagged off the Kolmani Integrated Development Project in Bauchi State, marking the commencement of efforts to commercially exploit oil in...
Group kicks against Sale of NIPPs
The Future Group (TFG) has called for a halt in the proposed sales of five of the Nigerian National Integrated Power Project (NIPP), describing...
N170 per litre for petrol not sustainable, landing cost is thrice the amount- NNPC
The Group Managing Director, of Nigerian National Petroleum Company Limited (formerly Nigerian National Petroleum Corporation), Mele Kyari, has disclosed that NNPC cannot maintain a...
Power Generation peaks at 4,735.1MW
Nigeria’s power generation rose by three per cent to 4,735.1 megawatts, MW, from 4,594.6MW recorded last week.
The Nigeria Electricity System Operator, a semi-autonomous body under...
Another Fuel Scarcity Looms As NUPENG Threatens
The Lagos State branch of the Nigeria Union of Petroleum and Natural Gas Workers have written to the Governor of Lagos State, Mr Babajide...
