New Deepwater Projects to buoy Nigeria’s crude capacity By 2.3b Barrels

By Sulaimon Salau “The deepwater projects that are due to start between 2025 and 2030 are estimated to hold recoverable resources of 2.3 barrels. Without...
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How NNPC contributes to Nigeria’s dwindling oil fortunes –— Ex-Director

The Petroleum Industry Act 2021 hasn't significantly improved oil and gas operations in Nigeria, the former official says. A former Group Executive Director, Engineering and...

Nigeria’s Seplat Spent $450 Million With Firms Tied to Founders

One of Nigeria’s largest independent oil and gas producers spent more than $450 million on goods and services provided by companies linked to its...

Nigerian govt recovered N2.6trn revenue from oil company – NEITI

The Federal Government has recovered a total of N2.6trillion revenue from oil firms following the Nigeria Extractive Industries Transparency Initiative, NEITI, National Assembly intervention. NEITI...

FG says it has recovered N2.6 trillion revenue from oil companies

The Nigerian Government has revealed it has recovered the sum of N2.6 trillion revenue from oil firms through the Nigeria Extractive Industries Transparency Initiative...

NNPC seals gas pipeline project agreement with Morocco, ECOWAS

The Nigerian National Petroleum Company (NNPC) Ltd will, on Thursday, seal a Memorandum of Understanding (MoU) on gas pipeline project with the National Office...

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