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Nigeria: 80 Deep Water Oil Blocks Not Producing, Says NNPC

Only seven out of the 87 deepwater oil blocks in Nigeria are producing, while six are at different phases of development, the Group Managing Director of the Nigerian National Petroleum Corporation, Dr Maikanti Baru, has said.

Nigeria’s Energy Future Challenged By Weak Rule Of Law

With the re-election of Muhammadu Buhari to the Nigerian presidency, Africa’s leading oil exporter faces a challenge as old as Nigeria itself: political corruption. This scourge...

Nigeria: There is Sufficient Fuel, Kachikwu Assures Nigerians

The Minister of State for Petroleum Resources, Dr Ibe Kachikwu on Sunday assured Nigerians that there is sufficient  Premium Motor Spirit  (PMS), also known...

Nigeria: NNPC Denies Inflating Fuel Import Figure

Group General Manager, Group Public Affairs Division of the Nigerian National Petroleum Corporation, NNPC, Mr. Ndu Ughamadu, yesterday, disclosed that the corporation does not...

Nigeria: N205bn Worth of Petroleum Products Lost to Vandals in 10...

Between 2008 and 2017, Nigeria lost a total of N205.4 billion worth of petroleum products to vandals who hacked into petroleum products pipelines of...

Nigeria: BPE Hinges NNPC’s Privatisation on Petroleum Industry Bill Outcome

The Director General of Bureau for Public Enterprises (BPE), Alex Okoh yesterday, insisted that the bureau must await the outcome of the Petroleum Industry...

10,000 jobs likely as NCDMB, NLNG sign $12b Train 7 Nigerian...

An agreement, which is expected to bring about 10,000 jobs by utilising Nigeria’s huge natural gas reserves, has been signed in Abuja. The Nigerian Content...

Nigeria: NNPC Considers Extending Gas Pipeline to Algeria

The Nigerian National Petroleum Corporation is considering extending the ongoing Ajaokuta-Kaduna-Kano gas pipeline system across the Sahara to Algeria in North Africa.

Nigeria: OML 11 Licence Not Revoked, NPDC Becomes Operator May 2

The licence for Oil Mining Lease 11 has neither been revoked nor withdrawn from Shell Petroleum Development Company, rather the operatorship of the oil block was transferred from the SPDC to the Nigerian Petroleum Development Company.

Nigeria: Chevron, NNPC Seal Gas Supply Deal for Dangote Fertiliser Plant

Chevron Nigeria Limited (CNL), operator of the CNL and the Nigerian National Petroleum Corporation (NNPC) joint venture, on Wednesday, signed a Gas Sale and Aggregation Agreement (GSAA) with Dangote Fertiliser Limited (DFL) and Gas Aggregation Company of Nigeria Limited (GACN) as the ‘aggregator’.