Nigeria’s oil, condensate reserves declines to 36.966 bbl in January as gas reserves sees slight increase to 208.83 TCF – NUPRC
April 21, 2023 The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says the country’s oil and condensate reserves as at Jan. 1, stands at 36.966 billion barrels. This represents 31.060 billion…
NNPC Ltd Explains Appointments of Mele Kyari, Umar Ajiya
The appointments of Malam Mele Kyari and Mr Umar Ajiya to the Nigerian National Petroleum Company Limited (NNPC Ltd), has nothing to do with their careers in the old NNPC,…
Fuel Subsidy: Nigeria loses enormous infrastructure development worth trillions of Naira — NNPCL
March 23, 2023 The Nigerian National Petroleum Company Limited (NNPCL) on Thursday said that Nigerians have missed enormous infrastructure development due to the protracted fuel subsidy regime in the country….
NMDPRA unveils 6 new regulations for oil, gas industry
March 22, 2023 The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has unveiled six gazetted regulations to spur investment and economic growth in the midstream and downstream sectors of…
NUPRC gazettes 5 oil industry regulations, completes 6 others
Feb. 7, 2023 The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says five petroleum industry regulations have been gazetted while six others have been finalised and ready for gazetting. Mr. Gbenga…
Okowa advocates PIA enforcement to check oil theft
Vice-Presidential Candidate of Peoples Democratic Party (PDP) and Governor of Delta, Sen (Dr) Ifeanyi Okowa, has called for proper enforcement of the Petroleum Industry Act (PIA) to effectively check…
Nigeria earns $741.48bn from oil and gas between 1999 and 2020 – NEITI
November 22, 2022 Nigeria earned 741.48 billion dollars from oil and gas between 1999 and 2000, the Nigeria Extractive Industries Transparency Initiative (NEITI) declared in Abuja on Tuesday. Its Executive…
Pipeline Protection: Scale of oil theft has significantly reduced in Niger Delta region -Kyari
October 19, 2022 The Nigerian National Petroleum Company Limited (NNPC Ltd), says the cooperation with Nigerian security agencies has significantly reduced the scale of oil theft in the Niger Delta…
Nigeria Air: Buhari insists on December take-off deadline
October 17, 2022 President Muhammadu Buhari has assured that the establishment of a National Carrier for Nigeria is at 91 percent completion, and is expected to commence flight operations before…
Buhari’s administration will be remembered for passage of PIA – IPMAN
October 1, 2022 The Independent Petroleum Marketers Association of Nigeria (IPMAN), says President Muhammadu Buhari will be remembered for the passage of the Petroleum Industry Act (PIA) which has repositioned…