Energy

NNPC, SEEPCO sign a gas development agreement on OML 143

The Nigerian National Petroleum Corporation (NNPC) signed a gas development agreement (GDA) with Sterling Oil Exploration and Production Company (SEEPCO)…

5 years ago

DPR inaugurates a committee for handover of Addax assets

The Department of Petroleum Resources (DPR) has announced that it has inaugurated a team of experts to assess the revoked…

5 years ago

Banks lend N130bn to oil firms in February, says CBN

Operators in the downstream, natural gas and crude oil refining sectors of the Nigerian oil and gas industry borrowed N130bn…

5 years ago

No plan to increase petrol price in May, NNPC assures Nigerians

There is no plan to increase the pump price of Premium Motor Spirit (PMS), popularly known as petrol, for the…

5 years ago

Pipeline vandalism declines by 37% in Jan.- NNPC

The Nigerian National Petroleum Corporation (NNPC) has announced a 37.21 per cent decrease in cases of pipeline vandalism across the…

5 years ago

BUA, 27 others hold active refining licences, says DPR

The Department of Petroleum Resources has disclosed that 28 investors, including BUA Refinery & Petrochemicals Limited, have active refining licences.…

5 years ago

Expired refinery licences can be revalidated- DPR

The Department of Petroleum Resources has disclosed that companies whose refinery project licences have become invalid can reapply for revalidation.…

5 years ago

NNPC sells N234.72bn petrol in Jan.

The Nigerian National Petroleum Corporation (NNPC) has recorded about N234, 722,222,150 from the sale of the Premium Motor Spirit (PMS)…

5 years ago

Record Global Renewable Energy Capacity Achieved in 2020

Global renewable energy capacity additions in 2020 beat earlier estimates and all previous records despite the economic slowdown that resulted…

5 years ago

Nigerians can’t afford petrol price hike, says NLC

President of the Nigeria Labour Congress (NLC), Ayuba Wabba, has said Nigerians cannot afford the increase in the pump price…

5 years ago

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