Oil company reaffirms commitment to host community’s development
All Grace Energy Limited (AGEL), an indigenous oil company operating (OML17) in Rivers, has reaffirmed commitment to the development of ...
Tag: Oil
Mini oil bid round will boost energy sufficiency – FG
The Federal Government has assured that Nigeria’s mini-bid round will boost global energy sufficiency in the long run. Mr Gbenga ...
Nasarawa joins league of oil producer as drilling starts in March
Barely two months after President Muhammadu Buhari flagged off the Kolmani Integrated Development Project in North East, oil has again ...
Silva orders security forces to end oil theft before May 29
The Minister of State for Petroleum Resources, Mr Timipre Silva, has charged security agencies to end crude oil theft before ...
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 ...
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 ...
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