Oil and Gas
Kaduna Refinery now 81% completed – NMDPRA
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has disclosed that the Kaduna Refinery project has reached 81 per...
Nigeria’s crude oil output drops in March
Nigeria’s average daily crude output fell in March, to an average of 1.40 million barrels per day, from 1.465 mbpd...
Nigeria’s oil reserves stand at 37.28 billion barrels – NUPRC
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) on Friday said that the nation’s crude oil reserves stood at 37.28 billion...
Oil revenue under threat as oil price falls to $59 per barrel
Nigeria’s earning from oil is under threat as crude oil price has dropped to $59 for the first time since...
NNPC unveils new management team
The Nigerian National Petroleum Company Limited (NNPC Ltd) has announced the appointment of a new 8-man Senior Management Team on...
Ojulari tales over from Kyari at NNPC
The new Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC Ltd), Bayo Ojulari, has officially taken...
FG to revoke dormant oil blocs licences
The federal government has threatened to revoke some dormant oil blocs from the owners, over failure to develop them. Minister...
Tinubu replaces Kyari with Ojulari as NNPC CEO
President Bola Tinubu has approved the removal of Chief Pius Akinyelure, the chairman of the board of the Nigerian National...
FG urges IOCs to increase investments
The Federal Government has urged International Oil Companies (IOCs) in Nigeria to increase investments in the oil and gas sector,...
Towering blaze in Malaysia on Petronas pipeline, 63 sent to hospital
At least 63 people were being treated in hospitals in Malaysia on Tuesday after a major blaze at a gas...