Downstream oil pipeline vandalism dropped by 12% in April – NNPC

The extensive engagement with oil and gas community stakeholders embarked upon by the Federal Government and the Nigerian National Petroleum Corporation, NNPC has continued...

Tenders keep spot trade for Nigerian crude on hold as Bonga maintenance ongoing

Spot deals were on hold on Tuesday, traders said, indicating that a number of Asian tenders are due to close this week and sellers...

Agbami Phase 3 delivered ambitious local content scope – Chevron

Chevron has said that the Agbami Phase 3 project was executed below budget, ahead of schedule and also delivered an ambitious local content scope,...

Oil sector investments frustrated by PIB delay – Seplat boss

The Managing Director of Seplat Petroleum Development Company, Mr. Austin Avuru, at the weekend observed that delay in the passage of the Petroleum Industry...

Shell considers investment in Niger Delta gas project

Osagie Okunbor, managing director of Shell Petroleum Development Company of Nigeria (SPDC), has said Shell is considering whether to invest in a gas project...

Kachikwu outlines three-pronged strategy to end fuel importation by 2019

To achieve the President Muhammadu Buhari led administration’s target of meeting the nation’s needs and end the importation of petroleum products by 2019 which...

Abu Dhabi Aviation, OAS partner on helicopter services for Nigeria’s oil sector

United Arab Emirates helicopter company, Abu Dhabi Aviation (ADA) has completed steps to invest in Nigeria economy by joining forces with a Nigerian indigenous...

Uncertainty lingers over planned oil exploration in Chad Basin

Few days to the deadline set by the Nigerian National Petroleum Corporation (NNPC) to resume oil exploration in Borno state, indications have emerged that...

NNPC crashes diesel price nationwide by 42%

Price of Automotive Gas Oil (AGO), also known as Diesel, has crashed to about 42% nationwide, a huge downslide over the last six months,...

Gas, power operators lament current state of Nigeria’s power sector

Operators in the Nigerian power and gas sectors while at the Business Forum organised by the Nigerian Gas Association (NGA), have decried the poor state...

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