French oil firm Total is currently engaged in a “fierce battle” with senior Nigerian employees of the company which is now threatening the company’s crude oil production of over 200,000
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The National Engineering and Technical Company Limited (NETCO), a subsidiary of the Nigerian National Petroleum Corporation (NNPC), has declared a dividend of N750 million to its shareholders – the highest
BudgIT, a Nigerian civic social enterprise, has asked the federal government to release detailed information on the N1.4 trillion spent as subsidy payment annually as disclosed by Ibe Kachikwu, the
Nigeria’s oil production dropped by more than 82,000 barrels per day (bpd) to 2.022 million b/d in March 2018 — compared to the output in the preceding month, according to
Royal Dutch Shell paid a total of $4,322,742,582 (about N1.5 trillion) to the Nigerian government in 2017, according to its
The Nigerian National Petroleum Corporation (NNPC) says gas flaring in has dropped “aggressively” by 72 percent in the last few
The Nigerian National Petroleum Corporation (NNPC) says it has cleared a backlog of 65 unaudited financial statements spanning a period
Operations at Forcados terminal, one of Nigeria’s main oil export routes, are ramping up after a momentary shutdown at the
The Nigerian National Petroleum Corporation (NNPC) says it has signed a $2.8bn agreement for the Ajaokuta-Kaduna-Kano (AKK) gas pipeline and
The euphoria that accompanied the passage of the harmonised Petroleum Industry Governance Bill (PIGB) by the national assembly on March 28 is
