The optimism is driven by the imminent completion of the Obiafu/Obrikon-Oben (OB3) gas transmission pipeline system currently being developed by NNPC and its Indigenous EPC contractor companies.

The nation’s plan to earn additional $14.100 billion (N4.314 trillion) from 300 million barrels of crude oil is uncertain as licensed marginal fields...

Also speaking, the Managing Director, NPMC, a subsidiary of the Nigerian National Petroleum Corporation (NNPC), Umar Ajiya, outlined reasons that contributed to NIPCO’s pivotal role in petroleum products storage and distribution across the country.

CypherCrescent relies on its strength in advanced computing, applied mathematics, in-depth research in petroleum engineering and geosciences to deliver cutting-edge business-intelligence solutions to the global oil and gas industry.

Minister of Power, Works and Housing, Babatunde Fashola, has given details of requirements for the establishment of mini grids to be met by potential investors as he launched the mini grid regulations.

A statement by NNPC spokesman, Mr Ndu Ughamadu, said the advert on a fake letterhead with NNPC logo, was allegedly signed by the Group Managing Director, Dr. Maikanti Baru, and the Chief Operating Officer, Refineries, Mr. Anibor Kragha.

The Economic and Financial Crimes Commission (EFCC) recovered about N329 billion from major oil marketers in one year, from July 2016 to July 2017. The Northwest Head of Operations of the Commission...

For the last 40 years, oil has been a volatile commodity that has had many peaks and troughs, and over the years, the petroleum industry has become much more sophisticated in how it handles the downturns.

The Economic and Financial Crimes Commission (EFCC) said it had recovered over N328.9 billion out of N349.8 billion debts from nine major petroleum marketers within the last one year.

The Nigerian National Petroleum Corporation (NNPC) has said that four major investments embarked upon with key upstream Joint Venture partners will provide incremental revenue to the national treasury by over $30 billion (N9.15 trillion) within the next 10 years.

The Maritime Academy of Nigeria (MAN), Oron, has signed a partmenrship agreement with the Nigerian National Petroleum Corporation (NNPC) and other oil firms in the country for the training of seafarers from the Niger Delta region.

Its Group Managing Director (GMD), Dr. Maikanti Baru, said this at the inauguration of the members of the corporation’s re-constituted anti corruption committee in Abuja.