NNPCL postpones Port Harcourt refinery kick-off sixth time
It was observed that promises made to Nigerians by the Federal Ministry of Petroleum Resources and NNPC about the refinery have continued to witness multiple failures.
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36 oil blocks under concession to IOCs, others, says NNPCL
The blocks are classified into Oil Prospecting Licence and Oil Mining Licence. An OPL is granted by the government to an applicant company registered for exploration and production purposes,
Nigeria’s biggest gas pipeline advances
The 614km connection will advance domestic and regional gas utilisation for power generation and industrial development.
Eterna joins list of domestic distributors of Dangote fuel
Eterna Plc has joined the growing list of domestic sales distributors of Dangote Petroleum Refinery products.
NNPC Ltd fulfils promise, delivers Port Harcourt refinery
For Area 5, the Engineering, Procurement, Construction, and Installation have all been completed. The mechanical completion signifies the closure of the Construction and Installation phases.
New oil field rekindles urgency of restructuring
The inauguration of drilling operations at the Kolmani River Oil Field that straddles Gombe and Bauchi states and with estimated reserves of over one billion barrels of crude potentially diversifies oil production from the Niger-Delta and brings the country closer to its ambition of growing crude oil reserves to 40 billion barrels.
Inside details of how Nigerian oil export terminal had theft line into sea for 9 years
The 4-kilometre (2.5-mile) connection from the Forcados export terminal, which typically exports around 250,000 barrels per day (bpd) of oil, into the sea was found during a clamp-down on theft in the past six weeks.
NNPC now free from institutional regulations, says Buhari
“It will, of course, conduct itself under the best international business practice in transparency, governance, and commercial viability.”