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Tag Archives: NNPC

Again, NNPC makes U-Turn on planned sale to repairs of 3 refineries

NNPC Maikanti Baru

A close surveillance on the official utterances of the Nigerian National Petroleum Corporation (NNPC) on its plans for the three ageing refineries since this has shown policy summersaults for three ...

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Fear of N’Delta hostilities hanging planned licensing of marginal oil fields

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Signals emerged Tuesday in Abuja that the planned oil blocs licensing rounds for marginal oil fields by the federal government may have been boxed to a tight corner due to ...

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Shell lights up Lagos, inks $300m gas saturation understanding with firm

Shell Logo

Indications that crash of high price and associated scarcity of natural gas around Lagos have emerged as Royal Dutch Shell has sealed a deal with Shoreline Energy Group to develop, ...

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Over half of nation’s daily oil production lost to militancy—Minister


Contrary to speculations that attacks on oil installations have waned, the Minister of State for Petroleum Resources, Dr. Ibe Kachikwu has traced loss of more than 54 per cent of ...

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Fresh indices point to chances of selling nonperforming refineries by NNPC

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The growing show of poor performance by refurbished refineries has become a leeway for the Nigerian National Petroleum Corporation (NNPC) to continue to press for their sales to private operators. ...

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20-year gas sale aggregation deal with Total, others’ll grow domestic use


Energy analysts have started weighing the imports of the recent pact sealed between the Nigerian National Petroleum Corporation (NNPC), Total Exploration and Production Nigeria, Gas Aggregation Company of Nigeria (GACN) ...

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Oil fields bid: Issues that suffered during Buhari’s vacation receive attention

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More issues that tactically suffered official attention while President Muhammadu Buhari was away on medical vacation are beginning to receive treatment. Just as the report on the embattled Secretary to ...

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Need for review of fine on gas flaring reechoes as FG loses N96bn in 5 months

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Africa Environmental & Economic Peace Mission (AEEPM), weekend said it may approach a Federal High Court to seek for immediate review of the nation’s penalty regime on gas flaring. This ...

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Shell still occupied as NNPC, IOCs join forces against oil, gas sabotage

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Even though community members of Kula and Belema oil communities are still playing hostage to Shell facility in their domain in Rivers State since last week, the Nigerian National Petroleum ...

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Two new private refineries coming in Rivers, Delta states this year—NNPC


Two consortia, LRR Group and JALEMBA Group are currently applying finishing touches and documentation ahead of take off of construction activities for their private refineries in both Rivers and Delta ...

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