Oil & Gas
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NNPC redeploys staff, names new spokesperson
By Edith Ike-Eboh The Management of the Nigerian National Petroleum Corporation (NNPC) has announced the promotion and redeployment of some staff to…
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NNPC revenue increases by 17.73% in April- Report
Edith Ike-Eboh The Nigeria National Petroleum Corporation (NNPC) says its group operating revenue in April increased by 17.73 per cent amounting to…
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Nigeria govt approves acquisition of 20% stake in Dangote Refinery
By Chijioke Okoronkwo The Federal Executive Council (FEC) has approved the acquisition of 20 per cent minority stakes by the Nigerian National…
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Shell appoints Elohor Aiboni first female MD of SNEPCO
Elohor now joins over 300 women in senior leadership positions in the Shell Group, representing more than 31 per cent of the…
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IPMAN threatens to suspend distribution of products in Aba, Enugu, others
IPMAN’s strike notice is coming against the backdrop of alleged harassment of its members by the police.
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Oando settles legal tussle with SEC
The commission in 2019 said it found Oando guilty of serious infractions, thereby barring Mr Wale Tinubu, the company’s CEO and Mr…
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OPEC+ upward adjustment on crude oil production starts August
By Edith Ike-Eboh The Organisation of Petroleum Exporting Countries and its allies known as OPEC+ have decided to adjust upwards their…
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S/Court stops FG from transferring 17 oil wells from Rivers to Imo
The Rivers government dragged the AGF and the Attorney -General of Imo to the Supreme Court over disagreement on boundaries.
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Senate President constitutes Conference Committee on PIB
By Kingsley Okoye Senate President Ahmad Lawan, has announced the composition of the Conference Committee on the Petroleum Industry Bill (PIB). The…
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Nigeria lost 4.5trn barrels of oil to theft in 4 years — Minister
By Vivian Emoni Dr Mohammad Abubakar, Minister of Environment, on Monday, disclosed that Nigeria recorded 4,919 oil spills between 2015 to March…
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