Oil & Gas - Page 76

IPMAN Asks FG To Partner With Illegal Refinery Operators In Creeks

NNPC Boss, Mele Kyari, Says Churches, Mosques Involved In Crude Oil Theft

Religious leaders in Nigeria have been accused by the Group Chief Executive Officer of the Nigerian National Petroleum Company (NNPC) Limited, Mele Kyari, of aiding oil pipeline vandalism. Kyari said there’s a

Fakoyejo Olalekan

2 years ago

NNPCL Denies Inflating Fuel Subsidy Payments

Business·Oil & Gas

Five Reasons NNPC Lost $1.06 billion Oil Revenue In One Month

The Nigerian National Petroleum Company (NNPC) Limited lost $1.068 billion oil revenue in one month as the corporation struggles to curb crude oil loss, preventing the firm from remitting into the federal

Fakoyejo Olalekan

3 years ago

Edo Govt Rallies Oil, Gas Stakeholders For PIA Implementation

Edo State Government is rallying stakeholders in the oil and gas industry for effective implementation of the Petroleum Industry Act (PIA), calling for increased collaboration to ensure sustainable peace and development in

PBA Reporter

3 years ago

Business·Latest News·Oil & Gas

Shell Oil Pipeline Spill Contaminates Rivers State Community

Five barrels of Shell Oil spill into Bodo community in Gokana Local Government Area of Rivers State during a clean up of Trans Niger Pipeline contaminated the area on August 3, 2022.

Fakoyejo Olalekan

3 years ago

Business·Oil & Gas

Seplat Reacts, As President Buhari Withdraws Approval For ExxonMobil Deal

Seplat Energy has reacted to statement by presidential spokesperson, Garba Shehu, that President Muhammadu Buhari has reversed the approval given for the acquisition of Mobil Producing Nigeria Unlimited (MPNU). Shehu, on Wednesday,

Fakoyejo Olalekan

3 years ago

Business·Oil & Gas

Seplat Threatens Lawsuit In Latest Development Of ExxonMobil, MPNU $1.2 billion Deal

Seplat Energy has threatened to file lawsuit against persons creating falsehood relating to its acquisition deal with ExxonMobil, as disagreement within President Muhammadu Buhari’s government stalls the completion. The company issued the

Fakoyejo Olalekan

3 years ago

FG's Deficit Continues To Widen As DMO Oversells October Bond Auction

Business·Oil & Gas

House Of Reps Reveal Probe Demands, As Lawmakers Summon Finance Minister Over Subsidy Payments

The Minister of Finance, Budget and National Planning, Zainab Ahmed, has been summoned by the House of Representatives, as the lawmakers begin to probe the subsidy regime. Ahmed was directed to appear

Fakoyejo Olalekan

3 years ago

Business·Oil & Gas

Ardova Reacts To Takeover Threat, As Majority Investor Faces Lawsuit

Oil and gas firm, Ardova, has denied it is winding up, after Femi Otedola’s Zenon Petroleum and Gas Limited filed a case against its majority shareholder, Prudent Energy & Services Limited (PESL).

Fakoyejo Olalekan

3 years ago

Business·Oil & Gas

Nigeria’s Oil Regulator, NUPRC, Blocks Seplat, ExxonMobil’s Acquisition Deal, After Buhari’s Approval

The Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Gbenga Komolafe, has denied the approval of Seplat’s acquisition of ExxonMobil’s Nigerian subsidiary. On Monday, Seplat had announced that President Muhammadu

Fakoyejo Olalekan

3 years ago

Buhari Mourns Isaac Sagay, Former Nigeria’s Ambassador To The Holy See

Business·Oil & Gas

President Buhari Approves Seplat Acquisition Of ExxonMobil’s Nigerian Subsidiary

The Federal Government has approved Seplat’s acquisition of Mobil Producing Nigeria Unlimited (MPNU) from Exxon Mobil Corporation, after the Nigerian National Petroleum Company (NNPC) initially block the deal. In a statement released

Fakoyejo Olalekan

3 years ago

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Oil & Gas - Page 76

NNPC Boss, Mele Kyari, Says Churches, Mosques Involved In Crude Oil Theft

Five Reasons NNPC Lost $1.06 billion Oil Revenue In One Month

Edo Govt Rallies Oil, Gas Stakeholders For PIA Implementation

Shell Oil Pipeline Spill Contaminates Rivers State Community

Seplat Reacts, As President Buhari Withdraws Approval For ExxonMobil Deal

Seplat Threatens Lawsuit In Latest Development Of ExxonMobil, MPNU $1.2 billion Deal

House Of Reps Reveal Probe Demands, As Lawmakers Summon Finance Minister Over Subsidy Payments

Ardova Reacts To Takeover Threat, As Majority Investor Faces Lawsuit

Nigeria’s Oil Regulator, NUPRC, Blocks Seplat, ExxonMobil’s Acquisition Deal, After Buhari’s Approval

President Buhari Approves Seplat Acquisition Of ExxonMobil’s Nigerian Subsidiary

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