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Tag Archives: NNPC

Community youths occupying Shell platforms at heavy safety risk—Shell

Shell at NAPE 2016

The continued occupation of Royal Dutch Shell facility by hundreds of protesters from the Kula and Belema communities in Rivers state since August 11 has been described by Shell as ...

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NNPC claims crashing production cost from $78 in 2015 to $23/barrel now

Crude oil pipeline

… saves minimum of $3billion per annum Barely one week after the Minister of State for Petroleum Resources announced that cost of oil production is getting out of hand and ...

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NNPC, marketers douse fears of fuel price hike

nnpc truck near nnpc hqs

To douse fears of possible increase in the pump price of Premium Motor Spirit (PMS), popularly known as petrol, the Nigerian National Petroleum Corporation (NNPC) and marketers in the downstream ...

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Beware of all Chinese infrastructure financing deals’, Expert warns FG

china relations 2

Leading development economist, Dr. Ken Igboanugo has warned the federal government especially the ministries of Transportation and Petroleum to be very careful before signing any infrastructure financing deals with banks ...

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Is it Boko Haram or poor planning that frustrated N/East oil search?

militants-and-buhari

Even at the peak of the war in Libya and Iraq, several oil exploration activities were going on. In Mosul, the key theater of war in Syria today, serious oil ...

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Finally, NNPC agrees to return budget surplus at the end of the year

NNPC MD

Before now, one of the issues hampering federal government’s finances and accounting system has remained delays and at times, blatant refusals by Ministries, Departments and Agencies (MDAs) to return surplus ...

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Meter Nigeria’s daily oil production, Oduah tells NNPC

Vice Chairman, Senate Committee on Women Affairs Senator Stella Oduah, has called for introduction of application that can serve as metering system to enable Nigerians to know the country’s exact ...

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FG summersaults, ready to sell refineries commercially unviable

Refinery

Contrary to previous pronouncements by the federal government that it has no plan to either sell or concession any of the four nation’s refineries, indications have emerged that there are ...

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FG halts oil exploration in Northern Nigeria as 48 corpses arrive UMTH

Ibe Kachikwu

The federal government on Thursday, halted further exploration and search for oil and gas in any part of the northern Nigeria including Chad Basin and Benue hydrocabon region. The announcement ...

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Kachukwu clears air, says no plan to sell, concession or abandon any refinery, but…

Refinery

After months of silence on what actually transpired between the Minister of State for Petroleum Resources and the ANI Agip group of Italy and Oando Nigeria, the Minister, Dr. Ibe ...

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