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Oil and Gas
800 Companies Jostle To Manage 176 Gas Flare Sites In Nigeria
The Minister of State for Petroleum Resources, Dr Ibe Kachikwu, has said that no fewer than 800 companies are interested to manage 176 gas flare sites in the country.
Kachikwu who told newsmen in Abuja on Thursday said government had…
DPR Threatens To Withdraw Licenses Of Depot Owners Engage In Adulterated Products
The Department of Petroleum Resources (DPR) ,has threatened to shutdown and withdraw licenses of depot owners involved in adulterated petroleum products.
DPR further warned the operators to shun patronage of illegal refineries on the…
NASS Orders Shell To Pay Oil Producing Communities N6.9bn
The National Assembly has called on Shell Petroleum Development Company (SPDC) to pay the oil producing communities in the Niger Delta the sum of N6.9 billion.
The call for the payment was sequel to a petition from Bekele Jones and…
FG Orders NNPC To Take Over OML 11 From Shell
The Federal government has directed the Nigerian National Petroleum Corporation (NNPC)to take over responsibilities of the entire Oil Mining Lease 11 from Shell's Nigeria Petroleum Development Company.
According to a statement in…
