Still waiting for report on commercial viability of new found oil
…As FG begins hydrocarbon survey in Bida Basin Whereas Nigerians have continued to wait on the Nigerian National Petroleum Corporation (NNPC) to release the results of its research on the commercial viability of new found oil reserves in Gongola Basin…
NNPC silent on exploring oil in Anambra, Ebonyi, restarts search in Benue trough
Barely one week after the federal government confirmed Anambra State as oil producing state following the delineation and resting of the controversial contiguous border issues with Kogi State which had been hanging for years, the Nigerian National Petroleum Corporation (NNPC)…
FG needs $3.5b inward investments to drive flared gas commercialization target by 2020
Nigeria, Africa’s leaders in natural gas deposit loses approximately $10 billion of revenue through gas flaring, due to inability to capture and commercialise flared gas in oil producing communities. However, the country is now in need of $3.5 billion worth…
C’River, Ebonyi beg for oil exploration as insecurity hampers search in North
Opinion leaders in South East have continued to call on the federal government to start exploration of several discovered oil wells in parts of Anambra and Ebonyi States for the economic development of the nation. Some of the oil wells…
There is oil in North, but not in commercial quantity— Geomorphologist
Leading geomorphologist, Dr. Isaac Undu, has advised the federal government and the Nigerian National Petroleum Corporation (NNPC), to stop spending scare resources in searching for hydrocarbons in any part of the Northern Nigeria. In an interview on Sunday, the Benue-born…
FG mute on untapped oil wells in S’East, increases search in North
A narrative that is giving experts and many Nigerians headache to explain is playing out on why the federal government through the Nigerian National Petroleum Corporation (NNPC) is wasting scare resources including humans searching for oil deposits in the northern…
Desperation forces FG to begin oil search in Sokoto basin
As part of the strategic efforts of the federal government and northern leaders to force the region into the league of oil economy at all cost, the Nigerian National Petroleum Corporation (NNPC), Wednesday, said it has shifted search for crude…
Is it Boko Haram or poor planning that frustrated N/East oil search?
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 activities are still ongoing. These businesses are still ongoing because…
