Oil and Gas
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Nigeria signs MOU for $1 billion iron ore to steel plant
Solid Minerals Development Minister Dr. Dele Alake has hailed the $1 billion (N1.6Trillion) new iron ore to steel project planned…
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NNPC Limited, CMEC Sign MoU For Co- funding Of GIPP Phase 1 Project
Recently in Beijing, China, NNPC Limited and China Engineering & Machinery Corporation (CMEC) signed a Memorandum of Understanding (MoU) for…
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Dangote Refinery Sole Supply: NNPCL Says Market Open To Lower Prices From Domestic Refineries
The attention of the NNPC Ltd has been drawn to a press release by the Muslim Rights Concern, MURIC, which…
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PMS Prices Are Determined By Free Market Forces -NNPCL
The Nigerian National Petroleum Company Limited (NNPCL) has stated that foreign exchange (forex) illiquidity has been a significant factor influencing…
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Senator Heineken Lokpobiri, Lauds Oando’s Milestone Acquisition Of NAOC
During a visit to the office of the Minister of State for Petroleum Resources, Senator Heineken Lokpobiri, led by the…
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Dangote Refinery Set To Commence The Sale Of Fuel Into The Nigerian Market
Nigerians my heave a sigh of relieve soon with the fuel situation in the country which continues to bite harder.…
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NUPRC Replies Alhaji Atiku Abubakar Over Oando, Eni-AGIP, Seplat & Mobil
In line with the Nigerian Upstream Petroleum Regulatory Commission (NUPRC)’s avowed commitment to transparency and belief in the right of…
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Oando PLC Buys Off Nigerian Agip Oil Company For $783 Million
Oando PLC, a major down stream player in the Nigeria oil market, has completed the acquisition of the Nigerian Agip…
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OVH Acquisition: The Facts, By NNPC Limited (A Rejoinder)
The attention of NNPC Limited (NNPCL) has been drawn to a press release signed by Mr. Paul Ibe, a Media…
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NNPCL Has Created Value For Nigeria With N5.3trn Profit -Chukwu
“NNPC’s Payment Of N2.1tn Dividend, N2.6tn Tax To Cushion Govt’s Financial Burden” – Chukwu The Chief Executive Officer of Cowry…
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