May 10, 2023
Nigeria: El-Rufai, Sanusi, Soludo Speak On Fuel Subsidy Removal, Fiscal Sustainability
"So, we need to end the subsidy," one of the guest speakers said. Read more »
May 03, 2023
Nigeria: Mele Kyari and the Repositioning of Nigeria's Oil Behemoth
When Mele Kyari assumed duty as the Group Managing Director of the now defunct Nigerian National Petroleum Corporation (NNPC) on 7 July, 2019, it was at a critical period not only… Read more »
May 02, 2023
Nigeria: How Oil Ministry Came Under the Presidency
Of all appointments to be made by the President Elect, Asiwaju Bola Ahmed Tinubu, none will define his presidency, then the appointment of Minister of Petroleum. There are… Read more »
April 27, 2023
Nigeria: Federal Govt Suspends Subsidy Removal
"Council agreed that the timing of the removal of fuel subsidy should not be now," an official said. Read more »
Nigeria: NNPCL, Norwegian Firm to Build Floating Gas Plant in Nigeria
The signing of the agreement took place at the NNPC headquarters in Abuja. Read more »
Nigeria: How We Resolved PENGASSAN Strike Crippling Mobil Production - NNPCL
The industrial action was suspended following "high-level mediation" between the leadership of the company and PENGASSAN. Read more »
Nigeria: 'Missing' Barrels of Oil - Malami Finally Appears Before Reps Panel, Says Allegation 'Baseless'
"The allegation is unfounded. It lacks merit and indeed substance," the minister told the lawmakers. Read more »
April 24, 2023
Nigeria: AKK Gas Pipeline Project Nears 70% Completion - NNPCL
Mr Kyari said the NNPCL has so far released the sum of $1.1bn to finance the project. Read more »
April 23, 2023
Nigeria: SERAP Asks Buhari to Investigate 'Missing' 149 Million Barrels of Crude Oil
The organization asked the outgoing president to set up a presidential panel of enquiry to investigate the missing crude oil. Read more »
April 20, 2023
Nigeria: 'Missing' 48 Million Barrels of Oil - Malami Finally Agrees to Appear Before Reps
Mr Malami and his counterpart in the Ministry of Finance and National Planning, Zainab Ahmed, had repeatedly shunned the public hearing on the missing crude oil. Read more »
April 19, 2023
Nigeria: Inside Mele Kyari's Exploits At NNPC
As a new dispensation dawns, it is no surprise that certain people have started to eye certain positions, more out of lust for lucre than thirst for service. And if the targets of… Read more »
April 16, 2023
Nigeria: Defying the Odds With Outstanding Financial Performance for NNPC - Kyari
Since he assumed office, Mr Kyari has pursued his Transparency, Accountability and Performance Excellence (TAPE) agenda, a five-step strategic roadmap for NNPC's attainment of… Read more »
April 13, 2023
Nigeria: TotalEnergies Appoints New Director
Mrs Popoola-Mordi joined TotalEnergies Marketing Nigeria Plc in 2011 as Legal Affairs Manager/Company Secretary Read more »
Nigeria: Shell Denies Breach of Nigerian Content Law
The Ijaw Youth Congress alleges that SPDC had excluded indigenous players from its operations at the EA fields in breach of the community content guidelines. Read more »
April 11, 2023
Nigeria: Reps Probe Missing 48 Million Barrels of Crude Oil, Summons Malami, Ahmed, Others
The House had in December 2022 resolved to probe the alleged missing barrels of crude oil allegedly sold in China by some Nigerian officials. Read more »
Nigeria: Navy Arrests 27 Vessels, Deactivates 294 Illegal Refinery Sites Within 12 Months - Official
Crude oil theft has become one of the prevalent crimes around Nigeria's coastal areas. Read more »
April 05, 2023
Nigeria: Fuel Subsidy - Nigerian Govt Secures $800 Million World Bank Facility
The finance minister said the $800 million is the first tranche of palliatives to be disbursed through cash transfers to about 50 million Nigerians, who belong to the most… Read more »
April 04, 2023
Nigeria: NNPCL Denies Paying N20bn to 'Ghost' Consultants
The NNPCL asked the online platform to retract the said publication. Read more »
March 28, 2023
Nigeria: Subsidy Removal Will Push Fuel Prices to N750 Per Litre - Marketers
Government's strategy must be issue-based and not confrontational, an expert said. Read more »
Nigeria: Oil Exploration Begins in Nasarawa
Mr Buhari said the new oil discovery aligned with the ongoing campaigns to explore crude oil and gas in the nation's Frontier Basins. Read more »
March 16, 2023
Nigeria: Shell Resumes Crude Oil Export Operations At Bonny Terminal
The force majeure was declared on March 3, 2022 Read more »
March 15, 2023
Nigeria: Fuel Subsidy Removal - No Plan for Palliatives Yet for Nigerians - Govt
Under the federal government's 2022 to 2023 Medium-Term Expenditure Framework, a proposal of N3.3trillion was only made for fuel subsidy between January and June 2023. Read more »
Nigeria: Marginal Field - NUPRC to Ease Funding Challenges for Awardees
"It is to provide platforms for strategic partnership/alliance between the awardees and the service providers..." Read more »
March 07, 2023
Nigeria: NNPCL Replaces Eroton As New Operator of OML18
The statement said Eroton is not able to remit proceeds of gas supply to the JV parties Read more »
March 03, 2023
Nigeria: Oil Explosion Kills Many in Rivers
The police have confirmed the incident. Read more »