Nigeria Discovers Oil In Northern Region
Kyari, NNPC GMD. The Nigerian National Petroleum Corporation (NNPC), yesterday, announced the discovery of crude oil and gas in the Kolmani River II Well on the Upper Benue Trough, Gongola…
Nigeria Remains Committed To OPEC Production Agreement -Kyari
Kyari, NNPC GMD Nigeria says it remains committed to production adjustments agreement under the Declaration of Cooperation (DoC) reached between member countries of the Organization of the Petroleum Exporting Countries…
NNPC And China Boost Partnership In Crude Production
The Nigerian National Petroleum Corporation and China National Offshore Oil Corporation have restated their commitment to work together to improve the petroleum industry in both countries. Group Managing Director of…
Breaking! Arbitration tribunal awards $1.69bn to NPDC over Brass, Forcados crude oil assets
By Reuben Nwankwo Engr S. Matashi, MD of NPDC An Arbitral Tribunal sitting at the Lagos Court of Arbitration has delivered a landmark Arbitral award in favour of the Nigerian…
We have no $470.5 million, N8 billion hidden in banks-NNPC
By Reuben Nwankwo. Dr Baru, GMD of NNPC The Management of the Nigerian National Petroleum Corporation, NNPC on Friday denied runing any opaque account with the commercial banks and therefore…
OPEC Output Rises On Nigeria, Kuwait Supplies
Oil production from the Organization of Petroleum Exporting Countries (OPEC) rose in July, despite supply shortfalls from Libya, Iran and Saudi Arabia. Rising output from Nigeria, Kuwait and the UAE…
Dangote graduate trainees promises to end fuel scarcity
Aliko Dangote Newly trained Dangote Refinery graduate engineers have promised an end to the ongoing fuel scarcity in the country when the Refinery takes off. The engineers just returned from…
NNPC: Reflecting on Maikanti Baru’s one year in office
By Patrick Nwabueze It is just a year President Mohammadu Buhari in his executive wisdom appointed Dr Maikati Kacalla Baru to head the state owned Oil and Gas conglomerate, Nigerian…