Oil/Gas

Funds, competence necessary in Nigeria’s bidding round- ND Western

An indigenous oil and gas company, ND Western, has disclosed why financial muscle, technical competence and historical performance form the major considerations in Nigeria’s bidding round. The Managing Director of…

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Gov Diri blames Shell, other oil firms for environmental degradation in Bayelsa

Governor Douye Diri of Bayelsa State says International Oil Companies (lOCs), particularly Shell Petroleum Development Company, have been responsible for the environmental degradation in the state. Diri disclosed this at…

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NNPC E&P Ltd, NOSL hit first oil in OML 13, Akwa Ibom State

Akwa Ibom State NNPC Exploration and Production Limited (NNPC E&P Ltd.), NNPC Ltd.’s flagship upstream subsidiary, and Natural Oilfield Services Ltd. (NOSL), a subsidiary of Sterling Oil Exploration & Energy…

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Again, NNPCL assures of 1.5bn litres fuel for 30 days

…cautions against panic buying   As the nationwide supply and distribution of Premium Motor Spirit (PMS), also known as petrol, continue to improve, the Nigerian National Petroleum Company (NNPC) Limited has…

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Pipeline: Stopping Tompolo’s contract ‘ll cripple economy—Ijaw leader

A group, Concerned Ijaw Citizens, has urged  President Bola Tinubu to ignore calls to revoke the  oil pipelines surveillance contract awarded  to Tantita Security Services Ltd ,an outfit owned by …

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Tinubu to commission NNPCL- executed gas projects

……..plant will produce dry gas, condensate In line with his commitment to significantly leverage gas to grow the economy, President Bola Tinubu will commission three critical gas infrastructure projects being…

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Again, Dangote crashes prices of diesel, aviation fuel further to N940, N980 respectively

Dangote Petroleum Refinery has again announced a further reduction in the prices of both diesel and aviation fuel to N940, N980 per litre respectively. This is coming at the wake…

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EFCC investigates 11 oil thieves, one vessel in Lagos

The Economic and Financial Crimes Commission (EFCC) says it has started investigation of 11 suspected oil thieves and one vessel, MT SAISNIL II, arrested by the Nigerian Navy. The spokesperson…

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NCDMB receives $1m return on investment from NDCL

The Nigerian Content Development and Monitoring Board (NCDMB) on Monday received a cheque of $1 million from Nedogas Development Company Limited (NDCL), being part of the return on investment (ROI)…

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Fuel distribution normalising after Sallah holiday

The distribution of Premium Motor Spirit (PMS) known as fuel is gradually normalising as most fuel stations in the Federal Capital Territory (FCT) have started dispensing the product. The News…

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