EFCC recovers $354 million royalty outstanding from defaulting oil&gas company for NUPRC
Oredola Adeola The Economic and Financial Crimes Commission (EFCC) has announced the recovery of $354 million in royalty payments from...
EnergyDay Nigeria
FAAC shares N68.572 billion to 10 oil-producing states as 13 percent derivation revenue in November
Oredola Adeola The Federation Account Allocation Committee (FAAC) has shared the total sum of N68.572 billion to the ten oil-producing...
ExxonMobil in another messy deal in Chad, despite assets’ sales stalemate in Nigeria
Oredola Adeola Exxon Mobil has found itself in another fresh crisis in the Republic of Chad that may lead to...
Nigerian Government installs 105 transmission transformers with total capacity of 6,216MVA between 2015-2022 – Engr. Aliyu, Power Minister
Oredola Adeola The Nigerian government claimed that it installed a total of 105 transmission transformers between 2015 and 2022, with...
Nigerian Government moves to arraign Mikano, Jubaili brothers, JMG, other generator dealers over alleged infringement, sharp practices
Oredola Adeola …as FCCPC commences investigation into generator importation, manufacture, distribution The Nigerian Government through the Federal Competition and Consumer...
Petroleum geologists across Nigerian universities receive PTDF funds to unlock Nigeria’s vast volumes of shale oil, hydrocarbon potential
Oredola Adeola Professors of Petroleum Geology in the University of Nigeria, Nsukka; the University of Jos and the University of...
OPEC oil production: Nigeria bounces back as African biggest oil producer in November, first time in six months, overtakes Angola, Algeria
Oredola Adeola Nigeria has bounced back by taking the lead as Africa’s ‘biggest’ oil producer, by increasing its crude oil...
PETROAN, former TUC President fault DSS’ 48-hour ultimatum, demand investigation of major marketers
Oredola Adeola Sunny Nkpe, Chairman, System 2E, Eastern Zone, Petroleum Products Retail Outlets owners Association of Nigeria (PETROAN) and Peter...
Nigeria’s crude oil production recovers for second consecutive month, hits 1.185mbpd in November
Oredola Adeola Nigeria’s crude oil production has increased by an average of 171,119 barrels per day (bpd) in November, to...
NCDMB promises operational support to “only” indigenous oil & gas operators, service firms identified by NCCF sectoral working groups
Oredola Adeola The Nigerian Content Development and Monitoring Board (NCDMB) has revealed that it would only offer adequate attention on operational...
