Saturday, June 15, 2024
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EXCLUSIVE: Nigeria’s petrol subsidy in 6 months surpassed NNPC’s oil revenue by N210bn

    EXCLUSIVE: Nigeria’s petrol subsidy in 6 months surpassed NNPC’s oil revenue by N210bn

In the first half of 2022, petroleum subsidy claims surpassed oil and gas revenue from crude sales by N210 billion, TheCable understands. The revenue excludes other revenue sources from oil

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Court restrains public presentation of Austin Avuru’s books

    Court restrains public presentation of Austin Avuru’s books

A federal high court in Abuja has restrained the publication of books authored by Austin Avuru, co-founder of Seplat Energy. The court order also constrained his publisher, Radi8 Limited, from

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NNPC: We’re NOT planning to sack or cut staff salaries

    NNPC: We’re NOT planning to sack or cut staff salaries

The Nigerian National Petroleum Company (NNPC) Limited says it is not planning to lay off its staff due to the recent transition.  A week ago, President Muhammadu Buhari unveiled the

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EU agrees to cut gas demand by 15% to curtail ‘disruptions’ by Russia

    EU agrees to cut gas demand by 15% to curtail ‘disruptions’ by Russia

European Commission (EU) countries have agreed to voluntarily reduce natural gas demand by 15 percent by next winter.  The development comes as Gazprom, Russia’s energy giant, announced it would cut gas flows

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Voluntary retirement: NNPC offers exit packages to ‘500’ employees

    Voluntary retirement: NNPC offers exit packages to ‘500’ employees

The Nigerian National Petroleum Company Limited (NNPCL) has reportedly offered a “tempting” package for workers willing to accept voluntary retirement.

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Nigeria’s oil output to add 50,000bpd as TotalEnergies begins production from Ikike field

    Nigeria’s oil output to add 50,000bpd as TotalEnergies begins production from Ikike field

TotalEnergies, OML99 operator, says it has commenced oil production from the Ikike field, in Nigeria. The company said this in

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IPMAN: We’ll partner with EFCC to stop distribution of adulterated fuel

    IPMAN: We’ll  partner with EFCC to stop distribution of adulterated fuel

The Independent Petroleum Marketers Association of Nigeria (IPMAN) says it would partner with the Economic and Financial Crimes Commission (EFCC)

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Oil theft: EU, NNPC inspect illegal refinery site in Rivers

    Oil theft: EU, NNPC inspect illegal refinery site in Rivers

The European Union(EU), the Nigerian National Petroleum Company Ltd (NNPC), and the Joint Task Force (JTF) Operation Delta Safe have

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EU mulls gas investment in Nigeria to accelerate energy transition

    EU mulls gas investment in Nigeria to accelerate energy transition

The European Union (EU) has expressed interest in funding gas projects in Nigeria for guaranteed energy security in Africa and

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‘Transformation of NNPC shrouded in secrecy’ — Atiku hits FG

    ‘Transformation of NNPC shrouded in secrecy’ — Atiku hits FG

Atiku Abubakar, former vice-president and presidential candidate of the Peoples Democracy Party (PDP), says the transition of the Nigerian National

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