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NNPC: Vandalism is a national calamity | 5,000km of oil pipelines not working

    NNPC: Vandalism is a national calamity | 5,000km of oil pipelines not working

The Nigerian National Petroleum Company Limited (NNPC) says over 5,000 kilometers of oil pipelines are not working. Mele Kyari, the group chief executive officer (CEO) of the company, made this

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Report: Eni suspends OPL 245 arbitration at World Bank— days after FG withdrew $1.1bn suit

    Report: Eni suspends OPL 245 arbitration at World Bank— days after FG withdrew $1.1bn suit

Eni, an Italian oil company, has temporarily suspended arbitration in the oil prospecting licence (OPL) 245 dispute with the Nigerian government at the World Bank. According to Reuters, the suspension

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‘It’s intended to cause panic’ — NUPENG denies reports of nationwide strike

    ‘It’s intended to cause panic’ — NUPENG denies reports of nationwide strike

The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) and the Petroleum Tanker Drivers (PTD), a body in the association, have denied reports of a plan to go on

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Tanker drivers threaten to break away from NUPENG amid leadership crisis

    Tanker drivers threaten to break away from NUPENG amid leadership crisis

The Petroleum Tanker Drivers (PTD) have threatened to break away from the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) — its umbrella body — if Williams Akporeha, its

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Navy: 15,775 litres of crude oil seized in Ondo

    Navy: 15,775 litres of crude oil seized in Ondo

The Nigeria Navy says its task force has seized and destroyed 15,775 litres of crude oil from oil thieves in

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FG withdraws $1.1bn case against Shell — after discontinuing Eni lawsuit

    FG withdraws $1.1bn case against Shell — after discontinuing Eni lawsuit

The federal government has withdrawn its $1.1 billion lawsuit against Shell Plc alleging corruption in relation to the oil prospecting

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OPL 245: After a string of judicial losses, FG withdraws $1.1bn suit against Eni

    OPL 245: After a string of judicial losses, FG withdraws $1.1bn suit against Eni

The federal government has withdrawn its $1.1 billion civil suit against Eni in relation to the oil prospecting licence (OPL)

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Afreximbank: African Energy Bank to launch in June 2024

    Afreximbank: African Energy Bank to launch in June 2024

The African Export-Import Bank (Afreximbank) says it is set to inaugurate the African Energy Bank in June 2024 to mitigate

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ICYMI: NLNG denies planning to shut down gas plant for maintenance in 2024

    ICYMI: NLNG denies planning to shut down gas plant for maintenance in 2024

The Nigeria Liquefied Natural Gas (NLNG) Ltd has denied reports that it plans to shut down its six-train plant for

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OPEC: Nigeria retained position as Africa’s largest oil producer in October

    OPEC: Nigeria retained position as Africa’s largest oil producer in October

Nigeria has retained its position as the largest oil producer in Africa, according to the Organisation of the Petroleum Exporting

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