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NNPC Records 54% Increase in Trading Surplus for November

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NNPC Records 54% Increase in Trading Surplus for November
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    NNPC Records 54% Increase in Trading Surplus for November
    Oil

    NNPC Records 54% Increase in Trading Surplus for November

    February 7, 202101340

    …Posts Crude Oil, Gas Export Sales of $108.84m The Nigerian National Petroleum Corporation (NNPC) has announced a trading surplus of ₦13.43billion for

    DPR Clarifies Crude Accounting Process
    Oil

    DPR Clarifies Crude Accounting Process

    February 5, 202101545

    The Department of Petroleum Resources (DPR) has clarified the process it uses for accounting for crude production in the country, noting that most inc

    Nigeria’s Bonny Light rise to $54.44 per barrel as oil price up $57.49 per barrel
    Oil

    Nigeria’s Bonny Light rise to $54.44 per barrel as oil price...

    February 3, 202101884

    The Organisation of Petroleum Exporting Countries, OPEC, and non-members commit to oil output cut, oil prices rose to over $57 per barrel in the inter

    Kyari Commends President Buhari’s Non-Interference in NNPC
    Oil

    Kyari Commends President Buhari’s Non-Interference in NNPC

    February 2, 202101451

     NNPC GMD, Mallam Mele Kyari (left), in a discussion with the Chief Host and Governor of Sokoto State, Rt. Hon. Aminu Waziri Tambuwal (right) at the F

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    Oil

    Technical Committees for Petrol/Electricity Tariff make reco...

    February 2, 202101474

    -By Victoria Opeyemi Stakeholders’ meeting involving the Federal Government and organised labour with regards to fuel increase and electricity tariff

    PIB: Host Communities demand 10% equity, end to gas flaring
    Oil

    PIB: Host Communities demand 10% equity, end to gas flaring

    February 2, 202101233

    -By Olufunke Afolami The 2.5% equity share from the oil sector contain in the Petroleum Industry Bill (PIB) currently before the National Assembly (NA

    Right Activists react to Court Judgement on Oil Spill
    Oil

    Right Activists react to Court Judgement on Oil Spill

    January 31, 202101779

    -By Victoria Opeyemi Nigeria’s oil giant and multinational oil company, Shell Petroleum Development Company (SPDC), that began exploration activities

    Lawan calls for Reduction in cost of Crude Oil Production
    Oil

    Lawan calls for Reduction in cost of Crude Oil Production

    January 31, 202101180

    Ahmad Lawan, President of the Senate President of the Senate, Ahmad Lawan has advocated for a reduction in the cost of crude oil production by Interna

    NNPC Pledges Support for $3.6bn Brass Methanol Plant
    Oil

    NNPC Pledges Support for $3.6bn Brass Methanol Plant

    January 29, 202101375

    From Left: Minister of State for Petroleum Resources Chief Timipre Sylva with Group Managing Director NNPC Mallam Mele Kyari at the FID for Brass Meth

    Covid-19: Chevron reports annual loss of $5.5bn on lower oil prices
    Oil

    Covid-19: Chevron reports annual loss of $5.5bn on lower oil...

    January 29, 202101220

    Mike Wirth, Chief Executive of Chevron Chevron reported a fourth-quarter loss Friday to conclude a rocky year for oil companies as the coronavirus bat

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