oil and gas

Abuja: The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says recent reforms have unlocked over $10 billion in upstream oil and gas investment. Mrs Oritsemeyiwa Eyesan, the Chief Executive, NUPRC, spoke …

Abuja: The Federal Government says it has mapped out plans to ensure an increase of about 810,000 barrels per day (bpd) of crude oil from the country’s deepwater oil fields …

Abuja: President Bola Tinubu has said that diaspora home remittances through official channels totalled $20.93 billion in 2024, which is four times the value of Nigeria’s Foreign Direct Investment (FDI). …

Abuja: The Senate on Thursday reported that the Nigerian National Petroleum Company Limited (NNPCL) had yet to account for the alleged financial infraction of N210 raised against it in the …

Abuja: The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) stated that approximately 102 Host Community Development Trusts (HCDTs) have received N97 billion and $ 149 million as HCDT funds remitted by …

Abuja: Oilserv Limited, the contractor handling the Ajaokuta-Kaduna-Kano (AKK) Gas Pipeline project, says the pipeline has successfully crossed the River Niger, using the Horizontal Directional Drilling special technique, minimising environmental …

Abuja: Isa, former Chief Finance Officer (CFO) of Nigeria National Petroleum Company Limited (NNPCL), has denied the EFCC’s claim that he was arrested on Monday over alleged fraud. The former …

Abuja:  The Tertiary Education Trust Fund (TETFund) and the Nigeria Extractive Industries Transparency Initiative (NEITI) have signed a Memorandum of Understanding (MoU) to enhance data and information sharing. The duo …