Oil & Gas - Page 86

Ex-militant, Tompolo, Makes New Revelation About Illegal Crude Oil Sites In Nigeria

Ex-militant, Government Ekpemupolo, also known as Tompolo, revealed that in the Nigeria Delta region, there are 58 illegal crude oil tapping sites. Tompola’s revelation comes after the Nigerian National Petroleum Corporation (NNPC) Limited

Fakoyejo Olalekan

October 10, 2022

Business·Insights·Oil & Gas

Nigeria’s Oil Revenue To Lose N1.24 trillion, Amid Drop In Crude Production

Nigeria’s oil revenue will fall next year according to the projection made by President Muhammadu Buhari on Thursday during the presentation of 2023 budget to the National Assembly. Prime Business Africa had

Fakoyejo Olalekan

October 8, 2022

Business·Oil & Gas·World News

Joe Biden’s Gov’t Criticises Nigeria, Other OPEC+ Members, As They Clash Over Oil Price

Nigeria, and other members of the Organisation of the Petroleum Exporting Countries Plus (OPEC+) have been slammed by the United States government over cut in production level. The United States government said

Fakoyejo Olalekan

October 7, 2022

NNPCL Denies Inflating Fuel Subsidy Payments

Business·Oil & Gas

NNPC Reveals Why Nigeria Loses $150 million Every Day, Defends Low Earnings

Over $150 million is lost daily by the country according to the Chief Financial Officer (CFO) of the Nigerian National Petroleum Corporation (NNPC) Limited, Umar Ajiya. Pipeline vandalism and sideline production have

Fakoyejo Olalekan

October 6, 2022

Nigerians Groan As NNPCL Again Increases Pump Price of Petrol

Business·Oil & Gas

Mele Kyari Reacts, As NNPC Limited Records N674 billion Profit In 12 Months

Over N674 billion has been declared as profit after tax for 2021 by the Nigerian National Petroleum Corporation (NNPC) Limited, which recently acquired Oando retail business, OVH Energy Marketing. The net profit

Fakoyejo Olalekan

October 4, 2022

EU Approves New Round Of Sanctions Against Russia As Ukraine’s Invasion Anniversary Nears

News·Oil & Gas

Gas leaks From Russia’s Major Pipes Raise Concerns Of Sabotage, Harsh Winter In Europe

Leaks from Nord stream 1 and 2, the major gas pipelines from Russia to Europe has prompted questions and investigations of sabotage from European countries like Germany, Denmark, Poland and Sweden while

John Adoyi, PBA Journalism Mentee

September 27, 2022

NCDMB, BOI Launch $50m Fund For Oil Industry Manufacturing

Oil & Gas

Local Content: NCDMB Targets $14bn Return On Oil & Gas Industry Spend By 2027

In its quest to create jobs and boost the national economy through the implementation of the Local Content Law, the Nigerian Content Development and Monitoring Board (NCDMB) said it targets retaining $14

Victor Ezeja

September 27, 2022

IPMAN Asks FG To Partner With Illegal Refinery Operators In Creeks

Business·Oil & Gas

Nigeria Loses N877 billion, As It Struggles To Meet Crude Oil Production Target

The Executive Commissioner, Corporate Services and Administration of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Jide Adeola, said that Nigeria doesn’t meet its daily production target. According to Adeola, the country has a

Fakoyejo Olalekan

September 22, 2022

Business·Insights·Oil & Gas

Five Ways Angola, Libya Taking Over Africa’s Biggest Oil Producer List Affects Nigeria

Nigeria has lost its position as the biggest crude oil producer in Africa, with Angola and Libya taking over, as the Federal Government struggle against oil vandalism and crude oil theft in

Fakoyejo Olalekan

September 14, 2022

Fear Of Price Hike Forces NNPC To Increase Supply To Oil Marketers

Business·Oil & Gas

Petrol To Sell For N462 Per Litre, NNPC Reveals

The cost of petrol could rise to N462 per litre without subsidy, the Group General Manager, Group Public Affairs Division, Nigerian National Petroleum Company (NNPC) Limited, Garba Muhammad, revealed. Currently, the federal

Fakoyejo Olalekan

September 5, 2022

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Oil & Gas - Page 86

Ex-militant, Tompolo, Makes New Revelation About Illegal Crude Oil Sites In Nigeria

Nigeria’s Oil Revenue To Lose N1.24 trillion, Amid Drop In Crude Production

Joe Biden’s Gov’t Criticises Nigeria, Other OPEC+ Members, As They Clash Over Oil Price

NNPC Reveals Why Nigeria Loses $150 million Every Day, Defends Low Earnings

Mele Kyari Reacts, As NNPC Limited Records N674 billion Profit In 12 Months

Gas leaks From Russia’s Major Pipes Raise Concerns Of Sabotage, Harsh Winter In Europe

Local Content: NCDMB Targets $14bn Return On Oil & Gas Industry Spend By 2027

Nigeria Loses N877 billion, As It Struggles To Meet Crude Oil Production Target

Five Ways Angola, Libya Taking Over Africa’s Biggest Oil Producer List Affects Nigeria

Petrol To Sell For N462 Per Litre, NNPC Reveals

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