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Oil and Gas

Ogoni Oil Spill: Floundering Clean-up roadmap and tales of anguish of oil communities

THE Hydrocarbon Pollution Remediation Project, HYPREP, under the Federal Ministry of Environment, was charged with the responsibility "to ensure full environmental recovery and restoration...

N13.7trn spent on fuel subsidy in 15 years — NEITI

THE Nigeria Extractive Industries Transparency Initiative (NEITI) has said N13.7 trillion ($74.386 billion) was spent on fuel subsidy from 2005 to 2020. This was disclosed...

Oil theft: NSCDC arrests 192 vandals, recovers tankers in Delta

DELTA State Command of the Nigeria Security and Civil Defence Corps (NSCDC) has arrested over 192 suspected vandals and recovered 52 tankers among other...
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Nigeria’s fiscal crisis worsens with slump in oil production to 1.08m bdp

NIGERIA's fiscal crisis worsened last month as the country again failed to meet up with the daily production quota the Organisation for Petroleum Exporting...

Nigeria, two other African countries sign MoU on gas pipeline to Europe

Algeria, Nigeria, and Niger Republic have signed a memorandum of understanding (MoU) to build a 4,000-kilometerrme (2,500-mile) Trans-Saharan gas pipeline that will traverse the...

NNPC Ltd. debunks reports on sack of workers

THE Nigerian National Petroleum Company Limited (NNPC Ltd) has debunked media reports that it has commenced retrenchment of its workers after transitioning to a...
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Fuel scarcity, long queues persist despite petrol price increase

MOTORISTS and commuters in the Federal Capital Territory (FCT) have continued to groan over scarcity of fuel despite the increase in the price of...

INDEPTH: Uncertainty, doubts trail commercialisation of NNPC Limited

UNCERTAINTY and doubts have been trailing the unveiling of the new Nigerian National Petroleum Company Limited (NNPC Ltd). The old government-owned Nigerian National Petroleum Corporation...

Explainer: What NNPC Ltd. means to Nigerians, how they can become shareholders

MANY Nigerians are hoping to benefit from the Nigerian National Petroleum Company Limited (NNPC Ltd.), after it transited yesterday from being a full government-owned...
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