Happy Buhari returns from Russia with testimonies; refineries, steel production get a boost
A happy President Muhammadu Buhari has returned to Abuja after participating in the three-day Russia – Africa Summit held in Sochi, Russia, with about 40 Heads of State and Governments…
NNPC , Lukeoil to work together in upstream operations, revamp Nigeria’s refineries after MoU signing – FG
Nigeria and Russia Thursday in Sochi, Russia, signed an important Memorandum of Understanding (MoU), which will enable both countries’ oil giants, Nigerian National Petroleum Corporation (NNPC) and Russia’s Lukeoil…
No excuse is tenable for the failure of refineries to work in the country – NNPC
GMD NNPC, Mele Kyari The Federal Government has said that the failure of having refineries across the country owes fully to the inability of the Government to take care of them…
Pipeline vandalism: LASEMA concerned over possible fire outbreak in Lagos suburb
The Lagos State Emergency Management Agency (LASEMA) has raised alarm of possible fire outbreak following pipeline vandalism at Kakatin Road, Aboru in Mosan-Okunola Local Council Area of the state. Director…
NNPC signs $2.5bn prepayment deal for gas projects with NLNG
Official signing of $2.5bn Pre-Payment Agreement for Upstream Gas Development Projects The Group Managing Director, NNPC, Mele Kyari and the Managing Director, Nigeria LNG, Tony Attah have signed $2.5bn…
FG apologises to OML-25 Host Communities, says we will provide complete community life for you
President Muhammadu Buhari has expressed sadness over knowing that OML-25 Host Communities are pleading to have primary schools in 2019 after 40 years of oil exploration. Buhari expressed his displeasure…
Sen. Committee submits 2020-2022 MTEF, FSP report, expresses displeasure over under-disclosure of e-collection of stamp duties by CBN
The Senate Committee on Finance has presented its report on the 2020-2022 Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP). Senator Solomon Adeola (Lagos West) presented the…
Stop agitations, take advantage of interventions in the N/Delta region – Minister
Chief Timipre Sylva, Minister of State for Petroleum Resources, has called for a change of strategy from agitations in the Niger Delta to maximise the interventions in the region. Sylva…
NNPC’s withdrawal of products allocation to depot owners owing PEF, a step in the right direction – IPMAN
The Independent Petroleum Marketers Association (IPMAN) has backed the decision of the Nigerian National Petroleum Corporation (NNPC) not to allocate petroleum products to depot owners who failed to settle debts…
OML 65: NNPC seals $875.75m financing deal with CPDC
The Nigerian National Petroleum Corporation (NNPC) says it has signed a 875.75 million dollar funding and technical services agreement and alternative financing deal for the Nigerian Petroleum Development Company(NPDC) operated…