Peter Uzoho

NNPC, Sahara’s Two New Vessels Push Companies’ JV Investments to Over $300m

The Nigerian National Petroleum Company Limited (NNPC) Limited and it's Joint Venture (JV) partner, Sahara Group, on Monday took delivery…

3 years ago

TotalEnergies Invests Almost $30bn in Nigeria Within Eight Years, Government Says

Nigeria's federal government has disclosed that French oil major, TotalEnergies EP Nigeria Limited, has invested almost $30 billion in Nigeria's…

3 years ago

Nigerian Airlines Reach Truce with Government, Get Jet Fuel at N480 per Litre, Cancel Shutdown Plan

The Airline Operators of Nigeria (AON) on Monday reached a truce with the leadership of Nigeria's House of Representatives and…

3 years ago

Alakija: Ongoing Oil Industry Reforms, Dangote Refinery to Revitalise Nigeria’s Economy, Says Africa’s Richest Woman

Africa's richest woman and Vice-Chairman of FAMFA Oil Limited, Mrs. Folorunso Alakija, has stated that current reforms in the oil…

3 years ago

Nigeria: Experts Urge FG to Provide Bailout Funds for Marginal Oil Field Awardees

As the 2020 marginal oil field awardees currently struggle to raise fund to commence the development of their respective assets…

3 years ago

250 Million Africans Live on Empty Stomach Daily, Says AfDB President Adesina

The President of the African Development Bank Group (AfDB), Dr. Akinwumi Adesina has estimated that about 250 million men, women…

3 years ago

NNPC Says Modular Refineries Not Producing Petrol Due to Price Regulation

The Nigerian National Petroleum Company (NNPC) Limited has attributed the inability of existing private modular refineries in the country to…

3 years ago

Eni’s Force Majeure on Vandalised Oil Facilities to Be Lifted This Week

Italian oil major, Eni, has promised to lift the force majeure on the Ogoda/Brass 24 oil pipeline in Bayelsa State…

3 years ago

Nigeria Seals Oil and Gas Local Content Development Deal with Senegal

The Nigerian Content Development and Monitoring Board (NCDMB) and the Senegalese Petroleum Industry have agreed to sign a Memorandum of…

3 years ago