Browsing: Oil & Gas

The Nigerian National Petroleum Corporation (NNPC) has clarified that the revenue projection contained in the letter to the Accountant General of the Federation being cited in the media pertains only to the Federation revenue stream being managed by the Corporation and not a reflection of the overall financial performance of the Corporation

Seplat Petroleum Development Company Plc (“Seplat” or the “Company”), a leading Nigerian independent energy company listed on both the Nigerian Stock Exchange (NSE) and the London Stock Exchange (LSE), has announced its announces its unaudited results for the three months ended 31 March 2021, recording a rise in revenue by 16.8 per cent to $152.4 million with increased operational efficiencies and further reduction in costs

Chief Executive Officer of the Department of Petroleum Resources, Engr. Sarki Auwalu has been honoured by the Oil and Gas Trainers Association of Nigeria ( OGTAN)

Seplat Petroleum Development Company Plc has won the Most Profitable Company (Oil & Gas: Exploration and Production), with Dr. ABC Orjiako, Chairman SEPLAT emerging as the Board Chairman of the Year at the Nigerian Investor Value Award (NIVA) organized by BusinessDay Media Limited in conjunction with the Nigerian Exchange Limited

A group of petroleum tanker owners in Nigeria under the auspices of the Association of Distributors and Transporters of Petroleum Products (ADITOP) has commended the Nigerian National Petroleum Corporation (NNPC) for its unrelenting efforts to bring sanity into the downstream sector of the oil industry

The gas development and commercialization programme of the Nigerian National Petroleum Corporation (NNPC) received a boost Thursday with the execution of the Oil Mining Lease (OML) 143 Gas Development Agreement (GDA) by the NNPC and its partner, Sterling Oil Exploration and Production Company (SEEPCO).

The House of Representatives today ordered ExxonMobile to stop further procurement activities on catering contracts and reinstate indigenous contractors who were disengaged without reasons from 2019 till date

The Nigerian National Petroleum Corporation (NNPC) has increased the daily supply of Premium Motor Spirit (petrol) across the country from 550 trucks to 1,661 trucks to combat the build up of fuel queues in some parts of the country

The Nigerian National Petroleum Corporation (NNPC) has announced a 37.21 % decrease in cases of pipeline vandalism across the country in the month of January 2021.

The Nigeria National Petroleum Corporation (NNPC) has restated its commitment to the partnership with the Government of Kebbi State for the production of biofuels, describing the project as viable and in tandem with the global transition to renewable energy