Rivers state government has reopened Shell Petroleum Development Company (SPDC) operational base, Kidney Island, after it was taken over on December 23, 2020. This was disclosed in a statement signed
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The Department of Petroleum Resources (DPR) says it has successfully shortlisted 161 companies to advance to the final stage of the bid round process for 57 marginal oilfields. Paul Osu,
The instability in petrol prices took a toll on Nigerians during the year, further exacerbating the pressure on their purchasing power amid soaring food prices. In March 2020, amid global
The gross revenue realised from crude oil and gas sales by the Nigerian National Petroleum Corporation (NNPC) in November 2020 rose by 37.31 percent to N223.34 billion. This is compared
The African Export-Import Bank (Afreximbank) has predicted that oil prices will rise by 10 percent in 2021. This was contained
Shell Petroleum Development Company (SPDC) has dismissed a purported takeover of its Kidney Island asset by Rivers state government. This
A federal high court in Abuja has declined an objection filed by the federal government, Shell Nigeria Exploration and Production
ExxonMobil has issued a force majeure on Qua Iboe Terminal (QIT) after one of its supervisor allegedly died in a
Some audit issues raised against the Nigerian Petroleum Corporation (NNPC) in past reports of the Nigeria Extractive Industries Transparency Initiative
Timipre Sylva, minister of state for petroleum resources, says the refinery rehabilitation exercise across the country is in its final
