Seplat Energy Plc says it will continue to pursue a presidential approval for the acquisition of Mobil Producing Nigeria Unlimited (MPNU) assets. Roger Brown, chief executive officer (CEO) of Seplat
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The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says the awarded marginal fields will increase oil production by about 58,000 barrels per day (bpd). Addressing stakeholders at a recent event in
Vice-President Yemi Osinbajo says oil theft and sabotage of oil assets pose a “clear and present danger” to the economy and national security. Osinbajo spoke in Abuja on Tuesday at
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says it is working to revive shut-in oil wells. To shut in a well is to close off a well so that it
Horatius Egua, media aide to Timipre Sylva, minister of state for petroleum resources, has apologised to Nigerians and industry operators
Timipre Sylva, minister of state for petroleum resources, says the major sources of crude oil losses are theft, pipeline vandalism,
The Nigerian National Petroleum Company (NNPC) Limited says it has 1.805 billion litres of petrol in stock. Garba Deen Muhammad,
The National Bureau of Statistics (NBS) says residents of Imo, Rivers and Akwa Ibom states paid the highest amount for
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says about 40 percent of the volumes of crude oil losses in Nigeria
Mele Kyari, group chief executive officer (GCEO), Nigerian National Petroleum Company (NNPC) Limited, says African nations must cooperate and exchange