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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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
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
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
Mele Kyari, group managing director of Nigerian National Petroleum Corporation (NNPC), says the corporation is currently focusing on gas production
Nigeria has agreed to voluntarily cut its daily crude oil production by 939,000 barrels between January and March. This is
OrderPaper Advocacy Initiative has commended the Nigeria Extractive Industries Transparency Initiative (NEITI) and the Nigerian National Petroleum Corporation (NNPC) on
The Nigerian National Petroleum Corporation (NNPC) is seeking a $1 billion oil prepayment deal to revamp its moribund Port Harcourt
The federal ministry of petroleum resources says its officials who spent N116 million on stationery have either retired or been
Rivers state government has reopened Shell Petroleum Development Company (SPDC) operational base, Kidney Island, after it was taken over on
