ExxonMobil, Taleveras, Ophir Win E’Guinea Oil Blocks United States oil giant, ExxonMobil, Nigeria-based Taleveras, UK’s Ophir Energy and Clonterf Energy have been announced winners of Equatorial...
NNPC Moves to Meet Nigeria’s 2020 Gas Flare Exit Plan The Nigerian National Petroleum Corporation (NNPC) has said that it has put in place measures to...
Springfountain, Boeing to Invest $20bn in Nigerian Aviation Industry One of Nigeria’s leading aviation infrastructure firms, Springfountain, and aircraft manufacturers, the Boeing Company USA, have signed...
Nigeria’s Total Debt Rises By 7.1tn in Two Years Nigeria’s debt continued to rise amid an economic downturn and unstable global oil market. The total debt owes...
Power Sector Privatisation Should be Reviewed The privatisation of Nigeria’s power sector has failed and should be reviewed by the Federal Government if it wants the...
NPDC Loses N260bn as Production Capacity Falls by 70% The production capacity of the Nigerian Petroleum Development Company has significantly fallen due to pipeline sabotage. The...
NUPENG Threatens Strike Over P’Harcourt Refinery Sale The Nigeria Union of Petroleum and Natural Gas Workers has vowed to shut down the oil sector if the...
Proposed N5 Petrol Levy Huge Joke – NUPENG The Nigerian Union of Petroleum and Natural Gas Workers has criticised the proposed N5 petrol levy by the...
NNPC Posts N28.38bn Loss as Refineries Fail to Improve The Nigerian National Petroleum Corporation posted a cumulative loss of N28.38bn, while the combined capacity utilisation of...
FG Provides N10bn for Workers’ Promotion Arrears The Federal Government has set aside N10bn to offset promotion arrears of civil servants on its payroll. The government...
