Asiwaju Ahmed Bola Tinubu promises to be one of Nigeria’s more courageous elected leaders. Emerging evidence points in that direction. His predecessors had fought shy of the twin contagions

At least over 50 per cent of what Nigeria earns from the sale of crude oil and gas is going into crude production. That translates to an average of $1.7 billion monthly for a country that is in economic mess. 

Nigeria, yesterday, said about $17.64 billion worth of oil field development plan was approved last year to deliver oil and gas recovery estimated at 2.12 billion barrels and 13.13 trillion cubic feet respectively in the next five years.

The House of Representatives, on Wednesday, turned down the report of its Ad-hoc Committee that investigated the alleged irregularities and corruption in the acquisition of OVH Energy Marketing by the Nigerian National Petroleum Company Limited (NNPCL). The Hon. Hassan Abubakar Nalaraba-led Committee's report was discarded after it was debated at plenary on Tuesday due to…

Amid concerns over potential hurdles, Nigerian National Petroleum Company Limited (NNPC Ltd) has assured a seamless divestment process of the International Oil Companies (IOCs) from onshore and shallow water assets in the country. NNPCL stressed that its role in the divestment of IOCs is that of a facilitator and not an obstacle. The Group Chief…

Some eminent ex-Niger Delta warlords in the country on Friday held a stakeholders’ meeting on how to arrest the current economic hardship in Nigeria, particularly in the Niger Delta region.

Group Chief Executive Officer (GCEO), the Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari, has underscored the pivotal role of energy security in the success of public wealth creation endeavours.

SERAP noted that the allegations were documented in the latest annual report recently published by the Auditor-General of the Federation. The organisation urged Kyari to name and shame those responsible for the disappeared oil money

Nigerian National Petroleum Company Limited (NNPCL) has spent N193.4 billion on local and foreign trips in the last 16 months. Contained in its 2022 audited report, the company’s travel expenses were N146.9 billion

Over 36.1 million litres of crude oil, enough to fill about 1,090 oil tankers, has been spilled on water, farmland and Nigeria’s seas in the oil-rich Niger Delta by oil companies, especially Shell...

In recent days, there has been a plethora of media attacks on the person of the Executive Vice President, Upstream operations of the Nigerian National Petroleum Company Limited (NNPC), OritsemeyiwaEyesan.

Nigerian National Petroleum Company Limited (NNPCL) and Central Bank of Nigeria (CBN) have reached an agreement on the directive by the President for earnings from oil to be domiciled in the apex bank.