FAAC angry with NNPC over $1.7bn debt
Another round of trouble is brewing between the Federation Account Allocation Committee (FAAC) and Nigerian National Petroleum Corporation (NNPC)
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OIL & GAS
Nigeria’s oil production to start declining after 2020 – Report
Nigeria’s oil production is expected to start declining after 2020, despite significant potential for growth, a new report
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President Buhari flags off crude oil exploration in Bauchi
President Muhammadu Buhari on Friday flagged-off the official commencement of crude oil search in the Kolmani Well River-II,
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FG Launches ‘Project 100’ To Support Indigenous Oil And Gas Service Providers
In a bid to develop next generation large-scale Nigeria oil and gas service companies through structured capacity building and policy
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Adopt Varsities As CSR—Kachikwu Tells Oil Companies
The Minister of State, Petroleum Resources, Dr. Ibe Kachikwu, has called on oil companies in Nigeria to adopt some of
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We Will Track Down How Oil Vessels Are Being Diverted – FG
Oru Leonard The federal government said it is set to track down the total oil outputs and vessels
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NIPS is Government’s official industry trade show, says Ibe Kachikwu
The Honorable Minster of State for Petroleum Resources, Dr. Emmanuel Ibe Kachukwu has described the ongoing Nigerian International Petroleum
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Nigeria lost $2.8 billion to ‘oil-related crimes’ in 2018, UN says
The United Nations says Nigeria lost an estimated 2.8 billion dollars in revenues in 2018, mainly due to oil-related
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Nigeria to Run out of Oil in 52 Years, DPR says
If new crude oil discoveries are not made to add to Nigeria’s current reserves of 36.971 billion barrels (bbls),
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Saudi Arabia seeks Nigeria’s cooperation to stabilise global oil price
The Minister of Petroleum, Industry and Mineral Resources of the Kingdom of Saudi Arabia, Khalid Al-Falih, Wednesday, held
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