NEITI set to review $6.03bn divestments by IOCs, amid environmental issues
NEITI said the oil and gas divestments were reshaping Nigeria’s industry, hence the need to ensure that the divestments adhered to due process.
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Nigeria recorded 7,143 cases of pipeline breakages in five years —NEITI
Oil theft was an emergency that posed serious threat to oil exploration and exploitation with huge negative consequences on economic growth, business prospects and profit earnings by oil companies.
Energy transition must prioritise Nigerian interest —NEITI
NEITI has called for a just, fair and equitable energy transition that prioritises Nigeria’s national interest in the engagements and response to the global energy transition process.
World’s highest population without electricity resides in Nigeria —Report
Nigeria now has the highest number of people lacking electricity access in the world, at a total of 85 million Nigerian citizens.
5.61bn litres of PMS imported into Nigeria in Q2 2019 —NBS
The petroleum products importation statistics for Q2 2019 reflected that 5.61 billion litres of premium motor spirit (PMS), 1.38 billion litres of automotive gas oil (AGO), 12.22 million litres of Household kerosene (HHK), 131.36 million litres of aviation turbine kerosene (ATK), 77.24 million litres of base oil, 41.79 million litres of bitumen, 27.68 million litres…
We ’ll publish contracts details this month —NNPC boss
Damilola Shittu – Abuja In his determination towards ensuring transparent transactions, the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari, on Tuesday said that the corporation would respond to calls for the disclosure of contracts and contractors later this month. He noted that the biggest contracts in the corporation’s portfolio currently…