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Oil and Gas

NNPC Supplies 1.591bn Litres Of PMS In January 2020

The Nigerian National Petroleum Corporation, NNPC, has disclosed that a total of 1.591 billion litres of Premium Motor Spirit, PMS, also known as petrol was supplied across Nigeria in 30 days out of the 31 days in the month January 2020.…

NUPENG To Spend N5.5bn On New Secretariat

The Nigeria Union of Petroleum and Natural Gas Workers has unveiled plans to build a new secretariat. The new secretariat to be named NUPENG Tower will be built at the cost of N5.5bn, according to the union. At the ground laying…

FG Laments Rising Cost Of Crude Production

The federal government on Tuesday, argued that high cost of crude production had eroded net revenue from crude sales and depleted resources earmarked for development. Speaking during the 9th Annual Practical Nigerian Content Forum (PNCF)…

LONDON TRIP: Buhari Signs Deep Offshore Bill Into Law

President Muhammadu Buhari on Monday in London, assented to the bill amending the Deep Offshore and Inland Basin Production Sharing Contract . This was announced through his official Twitter handle  saying “This afternoon I assented to the…