Back to homepage

OIL AND GAS

World Bank supports Buhari’s probe of NNPC

World Bank supports Buhari’s probe of NNPC 0

🕔00:03, 21.Apr 2015

The World Bank has declared its support for President-elect, General Muhammadu Buhari for the probe of the Nigerian National Petroleum Corporation (NNPC) over allegations of missing funds. This was disclosed by top officials of the bank during a video conferencing

Read Full Article
Shell pays $48bn to FG in five years

Shell pays $48bn to FG in five years 0

🕔00:00, 21.Apr 2015

Royal Dutch Shell Plc, the parent company of Shell Petroleum Development Company of Nigeria Limited (SPDC) has said that its subsidiaries paid a total of $48bn (N9.46tn) in royalties and taxes to the Federal Government from 2010 to 2014, The Punch

Read Full Article
Fuel importation drops post elections, as scarcity bites harder

Fuel importation drops post elections, as scarcity bites harder 0

🕔23:58, 20.Apr 2015

The rate of importation of Premium Motor Spirit (PMS), otherwise called petrol, to West Africa from Europe has slowed down as demand dropped after Nigeria’s presidential election. The effect has been mostly felt in the Nigeria’s capital, Abuja, and its

Read Full Article
Sahara Energy optimistic over production from OPL 274

Sahara Energy optimistic over production from OPL 274 0

🕔08:11, 14.Apr 2015

Sahara Group’s Upstream Company has said it is making good progress with its activities in OPL 274 where Sahara has a 100% working interest, even as the company continues to press towards optimizing opportunities in the block where it hit

Read Full Article
NLNG raises asset base by $14 billion, awaits FID on Train 7

NLNG raises asset base by $14 billion, awaits FID on Train 7 0

🕔21:03, 13.Apr 2015

Nigeria LNG Limited (NLNG) has so far invested additional $14 billion on assets, made up mainly of plants and equipment, financed largely by the company’s shareholders, with 51 per cent stake by International Oil Companies (IOCs) and 49 per cent

Read Full Article
Afren provides response to AMNI’s allegations regarding Okoro field

Afren provides response to AMNI’s allegations regarding Okoro field 0

🕔21:01, 13.Apr 2015

Afren plc (“Afren” or the “Company”) (LSE: AFR) notes the press reports regarding the purported termination by AMNI Petroleum Development Company (“AMNI”) of the Production Sharing and Technical Services Agreement between AMNI, the Company and Afren Energy Resources Limited in

Read Full Article
Transcorp reassures stakeholders on OPL 281

Transcorp reassures stakeholders on OPL 281 0

🕔20:59, 13.Apr 2015

The Chief Executive Officer of Transnational Corporation of Nigeria(Transcorp), Mr. Emmanuel Nnorom, has said  the withdrawal of SacOil Holdings Limited from participating in OPL 281 will not affect the funding and production prospect of the oil block, This Day reports.

Read Full Article
SC adjourns hearing on Brittania-U, Chevron suit to May 18

SC adjourns hearing on Brittania-U, Chevron suit to May 18 0

🕔20:55, 13.Apr 2015

The  Supreme  Court  on Monday  could not hear  the appeal in the case  involving  Brittania-U Nigeria Limited and  Chevron  Nigeria Limited, as the apex court stated  that  the  appeal cannot be heard when the  issue in litigation before the court

Read Full Article
AGF refutes allegations of shady deals in Addax suit against FG

AGF refutes allegations of shady deals in Addax suit against FG 0

🕔20:53, 13.Apr 2015

The Attorney General of the Federation and Minister for Justice, Mohammed Bello Adoke (SAN), has absolved himself from the allegation that his office wanted to compromise a suit filed by Addax Petroleum Development (Nigeria) Limited and Addax Petroleum Exploration (Nigeria)

Read Full Article
Dawha predicts 50 years of gas dominance in Nigeria’s petroleum sector

Dawha predicts 50 years of gas dominance in Nigeria’s petroleum sector 0

🕔20:49, 13.Apr 2015

Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Joseph Dawha has predicted that the next 50 years of operation in the petroleum sector would be dominated by gas resources, Daily Independent reports. Dawha who spoke through, Dr.

Read Full Article

Fin Autunm 2017

FIN Magazine 2017

Latest Issue 2017

Mining News

Read More

Polls

Which approach to solving the Nigeria's energy problems do you think the Buhari's government should follow right now

  • Produce more oil, gas and coal (0%, 0 Votes)
  • Alternative energy e.g solar (33%, 1 Votes)
  • Equally both (67%, 2 Votes)
  • Unsure (0%, 0 Votes)

Total Voters: 3

Loading ... Loading ...

FIN INFOGRAPHICS

Upcoming Events

There are no upcoming events at this time.

Subscribe to our Newsletter

FIN TV

FIN RADIO