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Energy
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NNPC declares state of emergency on crude oil production, seeks cost reduction
By Tochukwu Bliss, Abuja Towards increasing Nigeria’s crude oil production and growing its reserves, NNPC Ltd., yesterday, declared…
NNPC Retail debunks “lubricants-for-Petrol” claims
. Launches probe into incident, vows to deal with culprits By Tochukwu Bliss, Abuja The Management of NNPC…
Shell says anti-theft protection mechanisms pay off
. As production ramps up to 200kb/d oil, 1.4bscf/d gas in 2023 By Clara Nwachukwu To reinforce the…
Sahara Group seeks protection of Africa’s natural carbons sinks to enhance sustainability
By Stanley Onyeka, Lagos Protecting and rehabilitating Africa’s natural carbon sinks, such as forests, oceans, coastal mangroves, wetlands…
Oil companies flare more natural gas, defying effort to eliminate practice
Oil companies around the world last year burned off the most natural gas in five years while also…
Aiteo resumes production at Nembe field
By Tochukwu Bliss, Abuja Aiteo Eastern Exploration and Production Company (AEEPCO), operator of the NNPC/Aiteo Joint Venture (JV)…
Dangote, marketers bicker over importation of dirty fuels
By Stanley Onyeka, Lagos Oil marketers have denied importing ‘dirty refined products’ into the country as alleged by…
Nigeria boosts foreign reserves with $5m from first gold sales
Nigeria has strengthened its foreign reserves with $5 million from the first commercial transaction under the National Gold…
FG highlights AKK Gas Pipeline’s massive impact on economy, industrialisation
. NNPC set to deliver gas revolution with OB3 pipeline project The Federal Government has highlighted the huge…
Shell reiterates commitment to Nigeria’s development, wins FRCN award
The Shell Petroleum Development Company of Nigeria Limited (SPDC), has reaffirmed its unwavering commitment to supporting the socio-economic…