Oil and Gas

Imo’s anti-oil theft fight gets boost with FG, NNPC support   

By Dikachi Elemba, Owerri   The Federal Government, the Nigeria National Petroleum Company (NNPC) Limited and security agencies are partnering with the…

NLNG denies involvement in $1.2bn oil sleaze

BY MADUABUCHI EFEGADI     ...says gas shipment, sales contracts follow regulation   Nigeria Liquefied Natural Gas Limited (NLNG) has…

NCDMB allocates 60% of oil projects capacity development funds to training

By Anita Okoro The Nigerian Content Development and Monitoring Board (NCDMB) has developed a guideline that guarantees the allocation of…

Nigeria secures US-backed $1.5bn loan for solar projects

By Habeeb Adamu Nigeria has secured a $1.5 billion loan from the US-EXIM Bank to boost solar power infrastructure in…

Seplat Energy commences operation at new 67km Amukpe-Escravos Pipeline

By Habeeb Adamu     Seplat Energy Plc, a leading Nigerian energy company listed on the Nigerian Exchange Limited and…

Impact of crude oil theft, vandalism could gulp 50% of Nigeria’s budget, Shell warns

The Nigerian government could be spending up to 50 percent of its budget to fix the mess impacted by crude oil theft,…