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Nigerian Senate Probes Shell over Illegal Renewal of Oil Assets
OIL AND GAS
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Nigerian Senate Probes Shell over Illegal Renewal of Oil Assets

Onome OsekhabamenJuly 8, 2022 0 Comment

Nigerian lawmakers said on Wednesday it will investigate oil company Shell Plc over alleged illegal renewals of oil mining lease…

Nigeria sells $1bn worth of gas to Portugal
OIL AND GAS
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Nigeria sells $1bn worth of gas to Portugal

Onome OsekhabamenJuly 8, 2022 0 Comment

•Oil price may hit $200/barrel The Nigerian National Petroleum Company (NNPC) Limited says it has sold $1 billion worth of natural…

Fuel scarcity: Reps charge NNPC to create more depots nationwide
OIL AND GAS
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Fuel scarcity: Reps charge NNPC to create more depots nationwide

Onome OsekhabamenJuly 8, 2022 0 Comment

House of Representatives has charged the Nigerian National Petroleum Corporation (NNPC) to establish and equip more depots nationwide to end …

No Refinery is Functional in Nigeria – NNPC GMD
OIL AND GAS
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No Refinery is Functional in Nigeria – NNPC GMD

Onome OsekhabamenJuly 6, 2022 0 Comment

Mr Mele Kyari, the Group Managing Director of the Nigerian National Petroleum Company (NNPC) Ltd says there is no single…

Marketers deny FG’s N74bn payment, warn of massive fuel queues
Economy
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Marketers deny FG’s N74bn payment, warn of massive fuel queues

Onome OsekhabamenJuly 5, 2022 0 Comment

“Since he claims to have paid, we are not arguing but we challenge him to come out and name the…

OPEC+approves 1.826mb/d quota for Nigeria
OIL AND GAS
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OPEC+approves 1.826mb/d quota for Nigeria

Onome OsekhabamenJuly 5, 2022 0 Comment

The Organisation of Petroleum Exporting Countries (OPEC) and the non-member OPEC+ (a grouping of OPEC plus allied producers, including Russia,…

Nigeria Oil Theft Rises to 120,000 Barrels Per Day
OIL AND GAS
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Nigeria Oil Theft Rises to 120,000 Barrels Per Day

Onome OsekhabamenJuly 5, 2022 0 Comment

Oil theft in Nigeria has increased by about 17% to 120,000 barrels per day (bpd), according to Nigerian Upstream Petroleum…

Nigerian Aviation And Fuel Crisis
NEWS
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Nigerian Aviation And Fuel Crisis

Onome OsekhabamenJune 25, 2022 0 Comment

Moreover, the industry should encourage local production of jet fuel by issuing refinery operating licences to ready investors. Such an…

TotalEnergies Shareholders Okay N6.18bn Final Dividend
OIL AND GAS
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TotalEnergies Shareholders Okay N6.18bn Final Dividend

Onome OsekhabamenJune 22, 2022 0 Comment

The shareholders of Total Energies Marketing Nigeria Plc have approved a final dividend of N6.18billion dividend for the financial year…

Nigeria, 6 others drop in crude oil production –OPEC report
NEWS
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Nigeria, 6 others drop in crude oil production –OPEC report

Onome OsekhabamenJune 22, 2022 0 Comment

The Organisation of the Petroleum Exporting Countries (OPEC), has released a fresh report on crude oil production of its member countries,…

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