NUPENG Accuses Valiant Energy Boss, Shell Petroleum Development Company of Planning to Defraud Oil Workers

The national leadership of Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) in a press release has reported of a sinister plot of SHELL Petroleum Nigeria and Mr ADOLOR … Read More

President Buhari Renews Appointments of NCDMB, PTDF, PEF, Bosses

President Muhammadu Buhari on Friday renewed the appointment of Engr. Simbi Kesiye Wabote as the Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB).   Mr. President also … Read More

60 Years After Independence Nigeria’s Energy Industry Hasn’t Realized Its Promise — But It’s Getting Closer

On Oct. 1, 1960, everything seemed possible for Nigeria: After nearly 80 years of colonialism under Great Britain, it was finally an independent nation. During the newly independent nation’s earliest … Read More

NIGERIA: NNPC, SEEPCO Sign OML 143 Monetization Agreement

The Nigerian National Petroleum Corporation (NNPC) and Sterling Global have signed off on agreements for monetization of its fully operated Oil Mining Lease (OML) 143. According to NNPC this latest … Read More

NIGERIA: Canadian Overseas Petroleum Operations Update

Canadian Overseas Petroleum Limited has announces that further to the announcement of its second quarter results on 15th September 2020, COPL is giving an update on its drilling licence extension for … Read More

NIGERIA: NNPC Records $52.95M Trading Surplus in July

The Nigerian National Petroleum Corporation (NNPC) has recorded an increased trading surplus of $52.95M (₦20.36 billion) in July 2020 compared to the $5.5M (₦2.12 billion) surplus in June 2020 in … Read More