14 Firms Bid For OML 119 Redevelopment Financing

14 Firms Bid For OML 119 Redevelopment Financing

The Nigerian National Petroleum Corporation (NNPC) has publicly opened bids from 14 companies for the financing and redevelopment of Oil Mining Lease (OML) 119. The Corporation disclosed this in a statement issued by its Acting spokesman, Mr Samson Makorji, in...
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DPR Warns Depot Owners, Oil Marketers Against Diversion, Price Hike

DPR Warns Depot Owners, Oil Marketers Against Diversion, Price Hike

The Department of Petroleum Resources in Cross River has warned depot owners and marketers to desist from diversion of product, saying that anyone caught would face appropriate sanctions.The Operations Controller of DPR in Cross River, Mr Philip Awolu, gave th...
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Techno Oil Boss Task Agencies On Importation Of Fake, Sub-Standard Cylinders

Techno Oil Boss Task Agencies On Importation Of Fake, Sub-Standard Cylinders

The Chief Executive Officer, Techno Oil Liquefied Petroleum Gas (LPG) cylinder manufacturing plant, Mrs Nkechi Obi has urged the Federal Government and relevant agencies to  put measures in place to stop importation of fake and sub-standard cylinders. Spe...
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DPR Seals Five Filling Stations

DPR Seals Five Filling Stations

The Department of Petroleum Resources (DPR) has sealed five fillings stations in Cross River for selling petrol above the government approved price of N145 per litre and other offences. DPR Operations Controller in Cross River, Mr Philip Awolu, disclosed this....
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Total Nigeria donates 1,000 Science Textbooks, Computers To Lagos Schools

Total Nigeria donates 1,000 Science Textbooks, Computers To Lagos Schools

Total Upstream Nigeria Limited has reaffirmed its commitment to support quality education and contribute to the growth of the sector through its Corporate Social Responsibility (CSR) initiatives.The oil major’s Managing Director, Mr Mike Sangster, gave the a...
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Nigeria To IOCs: Foster Peace In Host Communities

Nigeria To IOCs: Foster Peace In Host Communities

The Federal Government on Thursday admonished International Oil Companies (IOCs) to use culture to foster peace in their host communities.The Minister of Information and Culture, Alhaji Lai Mohammed gave the charge in Port-Harcourt at the maiden Nigerian Agip ...
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DPR Seals 167 Filling Stations

DPR Seals 167 Filling Stations

The Department of Petroleum Resources (DPR), Ibadan, Oyo State  has within 10 months sealed 167 filling stations for various infractions.The DPR Operations Controller, Ibadan, Engr. Oluyemi Olaonipekun, disclosed this on Tuesday in Ibadan during a surveil...
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Total Nigeria, CFAO Seal After-Sales Partnership

Total Nigeria, CFAO Seal After-Sales Partnership

Total Nigeria Plc in partnership with CFAO Nigeria Plc has inaugurated after-sales outlets identified as AutoFast across the country.The Managing Director/Country Delegate, CFAO Nigeria Plc, Mr Thomas Pelletier explained on Monday that the partnership is desig...
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Exxon Mobil Accused Of Misleading Investors

Exxon Mobil Accused Of Misleading Investors

An unprecedented climate change lawsuit against American oil giant Exxon Mobil is set to go ahead in New York. The state has accused the company of misleading investors about the potential costs of climate regulation to its business. Exxon says...
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NNPC Reiterates Commitment To Deliver Value In Oil, Gas Sector

NNPC Reiterates Commitment To Deliver Value In Oil, Gas Sector

The Nigerian National Petroleum Corporation (NNPC) has reiterated its commitment to deliver value across the entire value chain of the oil and gas industry for the benefit of Nigerians. NNPC Group Managing Director, Malam Mele Kyari ,gave the assurance in...
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Shell Remits N720b To NDDC In 16 Years

Shell Remits N720b To NDDC In 16 Years

Shell Petroleum Development Company of Nigeria (SPDC) and partners have remitted about $2 billion ( N720 billion) to the Niger Delta Development Commission (NDDC) in 16 years. SPDC’s General Manager, External Relations, Igo Weli, disclosed this on Tuesday at...
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Senate Probes PPRA Over Alleged Non Remittance Of 5% Pump Price Commission To FERMA

Senate Probes PPRA Over Alleged Non Remittance Of 5% Pump Price Commission To FERMA

The Senate has directed its committees on Petroleum Downstream and National Planning to investigate within two weeks why the Petroleum Pricing Regulatory Agency (PPRA) failed to remit five per cent commission it charged on every litre of fuel to FERMA...
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ExxonMobil, Firm Seal $406m LNG Deal

ExxonMobil, Firm Seal $406m LNG Deal

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NNPC, NLNG Sign $2.5b Gas Supply Contract

NNPC, NLNG Sign $2.5b Gas Supply Contract

The Nigerian National Petroleum Corporation (NNPC) on Friday signed a $2.5 billion pre-payment agreement with the Nigeria Liquefied Natural Gas (NLNG) for upstream gas development projects to supply gas to Trains 1 to 6 of the plant. Speaking at the...
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