Court restrains issuance of licences on marginal oil fields
The Federal High Court sitting in Yenagoa has restrained the Federal Government from issuing licences on marginal oilfields in the...
Natural Resources
NCDMB lauds Temile/Hyundai deal to build new LPG vessel
The Nigerian Content Development and Monitoring Board (NCDMB) has lauded the signing of an agreement between an indigenous shipping company,...
NMDPRA to release regulations on midstream, downstream operations
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says it is drafting six regulations on midstream and downstream operations...
Nigeria, Cote d’Ivoire to deepen bilateral relations
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) and Ivorian National Bureau of Technical Studies and Development (BNEDTD) are...
NNPC Assures of Supplies, Warns Against Panic Buying
The Nigerian National Petroleum Corporation (NNPC) has assured residents of Abuja against panic buying of fuel, assuring that the agency...
Fuel scarcity: Long queues resurface in Abuja
Most filling stations in Abuja have been shut down following scarcity of Premium Motor Spirit (PMS), popularly known as petrol....
Efforts to reduce global gas flaring stalled over 10 years – World Bank
The World Bank says global progress to reduce gas flaring, the wasteful industry practice of burning natural gas during oil...
Nigeria’s crude oil reserve increases to 37b barrels
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says the nation’s oil and condensate reserves status as at Jan. 1, 2022...
Investment in upstream oil, gas records 50% drop in 5 years
The Society of Petroleum Engineers International on Wednesday, said investment in production of crude oil in the past five years,...
Lekkki deep sea port will regain its maritime business
The Minister of Information, Mr Lai Mohammed, has said the Lekki Deep Sea Port when completed would make Nigeria regain...
We bring you the best news update in Nigeria
LEARN MORE »