National assembly transmits ‘$1.4 billion’ PSC bill to Buhari
The national assembly has sent the bill seeking to amend the deep…
Nigeria to earn extra $1.4bn yearly as n’assembly passes PSC amendment bill
The house of representatives on Tuesday passed a bill seeking to amend…
Nigeria loses $16bn to PSC – NEITI
The Nigeria Extractive Industries Transparency Initiative (NEITI)said that Nigeria lost at least…
FG, oil companies to negotiate arrears of PSC obligations
The federal government and international oil companies operating in the country are…
Shell secures exploration acreage offshore Mauritania
Shell Exploration and Production Mauritania B.V. and Shell Exploration and Production Mauritania…
NNPC seeks revision of Petroleum Industry governance bill
The Nigerian National Petroleum Corporation, NNPC, on Wednesday outlined a detailed proposal…
Transcorp, NNPC sign production sharing contract on Opl 281
Transnational Corporation of Nigeria (Transcorp) Plc, the national conglomerate with 300,000 Nigerian…
NNPC to increase crude reserves by half a million barrels
The Nigerian National Petroleum Corporation, NNPC is to add 585,000 barrels of…