NNPCL, First E&P achieve 20,000bpd production at OML 85
The Nigerian National Petroleum Company Limited (NNPC Ltd.) and its Joint Venture partner in OML 85, First Exploration and Petroleum Development Company Limited (First...
Nigeria-Saudi Oil Pact: A triumph for technological progress – FG
The Federal Government has signed a Memorandum of Understanding (MoU) with Saudi Arabia to establish a robust framework for collaboration between the two nations in the oil and gas sector.
Why Bonny Light trades 8% higher in January
Nigeria’s crude grade, Bonny Light traded 8.3 per cent higher in January; statistics from the Organisation of the Petroleum Exporting Countries have shown.
OPEC’s MOMR...
NNPCL records 214 oil thefts in one week in Niger Delta
The Nigerian National Petroleum Company Ltd. (NNPCL) says it has recorded at least 214 incidents of oil theft in the past week.
NNPC accuses economic saboteurs for Buguma Wellhead fire
The Nigerian National Petroleum Company Limited (NNPC Ltd.) has accused pipeline vandalism of causing the recent fire outbreak at Buguma Wellhead 008.
The Chief Corporate...
Why Nigeria’s oil rigs rise by 762% to 69 in 4 years — NUPRC
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has said that the oil rig count in the country rose from eight in 2021 to 69...
