The Nigerian National Petroleum Company Limited (NNPC Ltd) said, it has held talks with a South Korean consortium led by Daewoo E & C on the development of gas projects in Nigeria.
This was disclosed in a statement by the Chief Corporate Communications Officer of the NNPC Ltd., Mr. Olufemi...
The Extractive Industries Transparency Initiative (EITI), has rated the Nigerian National Petroleum Company Limited (NNPC Ltd) high in its latest global transparency assessment.
This was disclosed by the Chief Corporate Communications Officer of the NNPC Ltd., Mr. Olufemi Soneye in a statement on on Saturday.
He said, the rating was made...
The Federal Government has intensified discussions with the Kingdom of Morocco to fast-track the process of achieving the Final Investment Decision (FID) for the Nigeria-Morocco Gas Pipeline.
This was disclosed in a statement by the Chief Corporate Communications Officer of the Nigerian National Petroleum Company Limited (NNPC Ltd.), Mr. Olufemi...
President of Chevron International Exploration and Production, Mr. Clay Neff, has disclosed that the Company's average annual tax and royalty remittances to Nigeria over the past three years had reached $3.4 billion.
Mr. Neff disclosed this on Tuesday when he led a delegation in a courtesy visit to President Bola...
The Minister for State Petroleum Resources (Oil), Sen. Heineken Lokpobiri, has given reasons why Africa cannot hurriedly transition from fossil fuels to renewable energy.
Sen. Lokpobiri said, "Africa, including Nigeria, cannot hastily transition with aids or grants. What we need is a strategic investment in our fossil fuels sector to...
Following the commencement of production of the Dangote Petroleum Refinery, its Management has begun registration of distributors for the lifting and distribution of refined petroleum products across the country.
The company in a statement on Friday, said, so far, members of three prominent associations, that constitute 75 per cent of...
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC), members of the Oil Producers Trade Section (OPTS), and the Independent Petroleum Producers of Group (IPPG) have met to brainstorm on ways to drive the sustainable growth of the oil and gas industry.
A statement by the Head Public Affairs and Corporate Communication,...
Minister of State for Petroleum Resources, Senator Heineken Lokpobiri has disclosed that the Federal Government would not oppose any legitimate business transactions in the oil and gas sector.
He however, affirmed the Nigerian government's commitment to fostering a business-friendly environment in the sector.
The Special Adviser on Media and Communication to...
In order to address the challenges of energy sufficiency and sustainability in the country, the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC Ltd.), Mr. Mele Kyari has called for strategic collaboration between the academia and the Oil & Gas Industry in that regard.
Kyari made...
British Energy Giant, Shell Plc has advanced an agreement to sell its Nigerian onshore oil assets to five local companies for $2.4 billion.
This was announced by the Shell’s Integrated Gas and Upstream Director, Zoe Yujnovich, in a statement on Tuesday.
Yujnovich said, "this agreement marks an important milestone for Shell...
