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NNPC, First E&P begin production at OML 85, target 20,000 bpd

    NNPC, First E&P begin production at OML 85, target 20,000 bpd

The Nigerian National Petroleum Company (NNPC) Limited and its joint venture partner in oil mining lease (OML) 85, First Exploration and Petroleum Development Company Limited (First E&P) have commenced oil

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SCAM ALERT: Chevron warns against false job adverts

    SCAM ALERT: Chevron warns against false job adverts

Chevron Nigeria Limited (CNL) has warned against circulating false recruitment information advertising job positions at the company. In a statement on Friday by Esimaje Brikinn, CNL’s general manager, policy, government

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Report: Dangote refinery reduced diesel price due to relaxed quality controls

    Report: Dangote refinery reduced diesel price due to relaxed quality controls

Relaxed quality controls for diesel at the Dangote refinery resulted in reduced domestic prices, S&P Global is reporting. According to a report on Thursday by S&P Global, high-sulphur diesel from

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FG, Shell sign gas supply deal for $3.8bn Brass methanol project

    FG, Shell sign gas supply deal for $3.8bn Brass methanol project

The federal government says it has struck a deal for Shell to supply gas to its proposed $3.8 billion Brass methanol facility. Ekperikpe Ekpo, minister of state for petroleum resources

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Marginal fields: FG threatens to revoke licences, says only 5 of 60 firms productive

    Marginal fields: FG threatens to revoke licences, says only 5 of 60 firms productive

Heineken Lokpobiri, minister for petroleum resources (oil), says only five out of 60 licences issued during the 2021 marginal oil

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Train 8: Nigeria LNG expansion plans threatened by contract dispute

    Train 8: Nigeria LNG expansion plans threatened by contract dispute

Expansion plans by the Nigeria LNG (NLNG) Ltd may face a major hurdle as a result of contractual breaches. NLNG

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We’re on the verge of approving ExxonMobil-Seplat deal, says FG

    We’re on the verge of approving ExxonMobil-Seplat deal, says FG

The federal government says it is on the verge of approving the acquisition of Mobil Producing Nigeria Unlimited (MPNU) assets

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FG now spends N600bn monthly on petrol subsidy, Rainoil CEO claims

    FG now spends N600bn monthly on petrol subsidy, Rainoil CEO claims

Gabriel Ogbechie, chief executive officer (CEO) of Rainoil Limited, claims the federal government (FG) now spends N600 billion on petrol

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Dangote refinery slashes diesel price to N1,000 per litre

    Dangote refinery slashes diesel price to N1,000 per litre

The Dangote refinery says it has reduced the price of automotive gas oil (AGO), also known as diesel, to N1,000

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ICYMI: OPEC woos Namibia after Angola exit

    ICYMI: OPEC woos Namibia after Angola exit

The Organisation of Petroleum Exporting Countries and allies, known as (OPEC+), are considering adding Namibia to the group. This followed

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