Saturday, January 16, 2021
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Elumelu’s TNOG acquires 45% of OML 17 from Shell, Total, ENI in $1.1bn deal

    Elumelu’s TNOG acquires 45% of OML 17 from Shell, Total, ENI in $1.1bn deal

Heirs Holdings, in partnership with Transnational Corporation of Nigeria Plc, on Friday announced the “unconditional acquisition” of a 45 per cent participating interest in OML 17 through TNOG Oil and

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OPEC: Nigeria’s daily oil production fell to1.17m barrels in December

    OPEC: Nigeria’s daily oil production fell to1.17m barrels in December

The Organisation of Petroleum Exporting Countries (OPEC) says Nigeria’s daily crude oil production fell to 1.17 million barrels in December 2020. According to the January Monthly Oil Market report, this

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NNPC: 96 companies bid to rehabilitate pipelines, depots

    NNPC: 96 companies bid to rehabilitate pipelines, depots

The Nigerian National Petroleum Corporation (NNPC) says 96 companies have expressed interest in the rehabilitation of its downstream facilities. The public opening of the bid held virtually in Abuja on

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Ardova Plc moves to acquire Enyo retail outlets

    Ardova Plc moves to acquire Enyo retail outlets

Ardova Plc (AP), a Nigerian integrated energy company, says it has entered discussions with the shareholders of Enyo Retail and Supply Limited on possible acquisition of the company (Enyo).  This

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Mele Kyari: NNPC now focusing on gas production, non-oil businesses

    Mele Kyari: NNPC now focusing on gas production, non-oil businesses

Mele Kyari, group managing director of Nigerian National Petroleum Corporation (NNPC), says the corporation is currently focusing on gas production

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OPEC cuts: Nigeria to reduce daily crude oil production by 313k barrels

    OPEC cuts: Nigeria to reduce daily crude oil production by 313k barrels

Nigeria has agreed to voluntarily cut its daily crude oil production by 939,000 barrels between January and March. This is

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OrderPaper hails NNPC, NEITI over progress in resolution of audit issues

    OrderPaper hails NNPC, NEITI over progress in resolution of audit issues

OrderPaper Advocacy Initiative has commended the Nigeria Extractive Industries Transparency Initiative (NEITI) and the Nigerian National Petroleum Corporation (NNPC) on

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NNPC seeks $1bn oil prepayment deal to revamp Port Harcourt refinery

    NNPC seeks $1bn oil prepayment deal to revamp Port Harcourt refinery

The Nigerian National Petroleum Corporation (NNPC) is seeking a $1 billion oil prepayment deal to revamp its moribund Port Harcourt

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Petroleum ministry: Officials who spent N116m on stationery have retired

    Petroleum ministry: Officials who spent N116m on stationery have retired

The federal ministry of petroleum resources says its officials who spent N116 million on stationery have either retired or been

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Rivers reopens Shell’s Kidney Island asset after meeting with NNPC GMD

    Rivers reopens Shell’s Kidney Island asset after meeting with NNPC GMD

Rivers state government has reopened Shell Petroleum Development Company (SPDC) operational base, Kidney Island, after it was taken over on

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