Senate threatens to jail NNPCL CEO, others over N12tr turnaround maintenance
The Senate on Wednesday threatened to sack and jail the Group Managing Director…
Seplat says Tinubu will approve MPNU acquisition, as ‘legal issues will be resolved’
Seplat says associated legal issues with the acquisition of Mobil Producing Nigeria…
NUPRC to penalise companies that fail to supply crude to local refineries
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC), on Saturday, threatened to penalise…
Senate investigates N11.35trn turnaround maintenance on refineries
The Senate has tasked its ad- hoc committee to investigate all contracts…
Nigeria’s oil production increases to 1.3m bpd, highest so far in 2023
Nigeria’s oil production increased to 1,346,562 million barrels per day (bpd) in…
NUPRC optimistic Exxon Mobil, Seplat, NNPC will follow due process in asset sale deal
Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Gbenga Komolafe,…
Reps panel under pressure to ditch probe of alleged crude oil theft
Some stakeholders in the oil and gas sector are reportedly making attempts…
NNPCL secures $3bn emergency crude oil repayment loan to stabilise naira
The NNPC Limited on Wednesday disclosed that it has signed a Commitment…
NNPC misses deadline for IPO launch
The Nigerian National Petroleum Company (NNPC) Limited has missed the deadline for…