The Group Managing Director of the Nigerian National Petroleum Corporation, Mele Kyari, has assured Nigerians that the corporation is working with relevant agencies to ensure that the price of gas is affordable by increasing the volume supplied to the domestic…
NNPC to Acquire Equity in Private Refineries in Line with FG’s Policy
…..To Safeguard National Energy Security The Nigerian National Petroleum Corporation has revealed that it is currently considering equity participation in a number of private refineries in the country in line with a Federal Government policy directive which stipulates the mandatory…
This technology could transform renewable energy. BP and Chevron just invested
Eavor promises a groundbreaking form of geothermal energy that could be installed in many places around the world BP and Chevron have made a landmark expansion into geothermal energy on Tuesday, betting on a new technology that could prove to…
Polluted N’Delta Communities Can Sue In English Courts, UK S’Court Rules
The United Kingdom’s Supreme Court has ruled that oil-polluted Niger Delta communities can sue Shell subsidiaries in Nigeria in English courts. The decision is a victory for the communities after a five-year battle, and overturns a Court of Appeal ruling.…
Oil spillage: ERA knocks NOSDRA, Bayelsa Government over tepid response
The National Oil Spill Detection and Response Agency (NOSDRA), and the Bayelsa State Government have come under attack for allegedly failing to act over an oil spill that occurred in Akassa, Brass Local Government Area of the state. The Environmental…
SPDC completes sale of interest in Oil Mining Lease 17
The Shell Petroleum Development Company of Nigeria Limited (SPDC), has completed the sale of its 30% interest in Oil Mining Lease (OML) 17 in the Eastern Niger Delta, and associated infrastructure, to TNOG Oil and Gas Limited, a related company…
Saudi Aramco profit drops 50% for first half of the year as pandemic batters oil price
KEY POINTS Saudi Aramco’s net income plunged to $23.2 billion in the first six months of the year, down by half from $46.9 billion over the same period in 2019. Saudi Arabia’s majority state-owned oil company and the world’s largest…
NNPC plans $10 crude production cost
The Nigerian National Petroleum Corporation (NNPC) has commenced plans to crash oil production cost to $10 per barrel. Group Managing Director of the Corporation, Mallam Mele Kyari stated this on Thursday during a virtual engagement with some editors. Kyari explained…
Sunset Overdrive Review
Normally, I dislike being an errand boy in open world games, yet I’m happy to engage in fetch quests in Mooil Rig, because each quest is succinctly designed and retains the same kind of comedic storytelling found in the main…
