The Minister of State for Petroleum, Dr Ibe Kachikwu, on Wednesday said Chinese private sector companies had pledged an additional investment of 70 billion...
Efforts by Chevron to frustrate Government’s effort to recover stolen oil revenues from notable International Oil Companies have been thwarted. A Federal High Court...
By Obiageli “Oby” Ezekwesili As if the current unclear economic policy context was not disconcerting enough, the sudden emergence of a raging debate on the...
Niger Delta militant group, the Niger Delta Greenland Justice Mandate claimed on Thursday an attack on a crude pipeline operated by NNPC in the restive...
The Nigerian National Petroleum Corporation, NNPC, yesterday, announced a deficit of N24.18 billion for the month of July 2016, Vanguard reports. The NNPC, in its...
The Niger Delta Peoples Professional Volunteer Force (NDPPVF), a group which said its members are workers in the oil and gas industry, has threatened...
ABUJA (Reuters) – Nigeria’s distributable revenues to the three tiers of government fell in July to around 494 billion naira ($1.57 billion) after 559...
For the second time in three weeks, the Nigerian National Petroleum Corporation has received an express order from President Muhammadu Buhari to explore for...
President Muhammadu Buhari has ordered for intense search for hydrocarbon prospects in Chad Basin and the North Eastern part of Nigeria. The President’s directive...