By Mathew Dadiya, Abuja The Federal Government has begun fresh negotiations on the abandoned $16 billion Ogidigben Gas Project with a view to bringing it back on stream. Minister of State for Petroleum Resources, Chief...
The Nigerian National Petroleum Corporation (NNPC) recorded a trading surplus of ₦13.23billion in October 2019. This represented an increase of 54 per cent compared to ₦8.59 billion surplus...
By Mathew Dadiya, Abuja Crude oil prices booked their biggest rise in three years on the last day of 2019, supported by the combined force of...
By Mathew Dadiya, Abuja President Muhammadu Buhari Tuesday, approved the appointment of Mr Sarki Auwalu as substantive Director, Department of Petroleum Resources (DPR) for an initial...
The Nigerian National Petroleum Corporation (NNPC) said it made ₦5.20billion trading surplus for the month of August, reflecting an increase of 22 per cent compared with...
The Nigeria National Petroleum Petroleum Corporation (NNPC) and its joint Venture (JV) partners have signed the first basic 20-year term of Gas Supply Agreements (GSAs) for...
The African Petroleum Producers Association has appointed Dr Omar Farouk Ibrahim as its new Secretary General. Before the appointment, Ibrahim was a Group General Manager, International...
The Federal Government has expressed concern over the rising cost per barrel of crude oil production in the country, describing it as an anomaly that has eroded net...
A former Attorney-General of the Federation and Minister of Justice, Mohammed Adoke, has written the general secretariat of INTERPOL in France to demand his release. INTERPOL...
By Orkula Shaagee, Abuja The Minister of State for Petroleum Resources, Timipre Sylva, said Nigeria has met the 100 per cent target agreement entered into by...