Somalia rejects Genel Energy’s “illegal claim” to oil permits in Somaliland
Somalia has rejected what it called an "illegal claim" by Genel Energy to oil exploration and exploitation rights in the ...
Tag: Oil
NUPRC out with 2022 mini bid round for new drilling, exploration
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced the Mini Bid Round 2022 aimed at spurring new exploration and ...
FG sets up special investigative panel on oil theft
The National Security Adviser (NSA), retired Maj.-Gen. Babagana Monguno, on Tuesday, inaugurated 11 man Special Investigative Panel on Oil Theft/Losses ...
Chevron, NNPC secure $1.4bn for drilling project
Chevron Nigeria Ltd. (CNL) says 1.4 billion dollars financing has been secured to fund the Nigerian National Petroleum Corporation (NNPC)/CNL ...
9 oil producing states receive N625.43bn; N1.1trn outstanding
Presidency says nine oil-producing states have so far received a total of N625.43 billion 13 percent oil derivation, subsidy and ...
FG averts crude oil mistakes, bans export of raw gold, others
The Federal Government has banned the export of raw gold, gemstones and other mineral deposits. The Minister of Mines and ...
Buhari inaugurates 1bn barrel Kolmani oil reserves in N/East
President Muhammadu Buhari on Tuesday inaugurated the Kolmani Integrated Development Project at Kolmani River II Oil Field located at a ...
Nigeria blames crude oil theft on worsening unemployment situation
The Federal Government has blamed the menace of crude oil theft for the worsening unemployment situation in the country. Sen. ...
Oil theft: Firm urges FG, multinationals collaboration
Lee Engineering and Construction Company Ltd. has called for collaboration between the Federal Government and multinationals to protect the country’s ...
Fingerprinting Nigerian crude solution to oil theft — expert
An energy consultant, Ademola Adigun, says fingerprinting Nigerian crude supported with international advocacy will permanently address frequent crude oil theft ...
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