Reps summon Kachikwu, Adeosun, Emefiele, others over refineries’ TAM

Reps summon Kachikwu, Adeosun, Emefiele, others over refineries’ TAM

An ad hoc committee of the House of Representatives has summoned the Minister of Finance, Mrs. Kemi Adeosun, and the Minister of State for...

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Gas-to-power firms lose N109.5bn annually to dollar transactions

Gas-to-power firms lose N109.5bn annually to dollar transactions

Gas producers for Nigeria’s power sector lose N109.5 billion yearly to dollar-denominated transactions in the supply of 1.5 billion-2 billion cubic feet of gas...

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San Leon rejects merger plans with Midwestern over OML 18

San Leon rejects merger plans with Midwestern over OML 18

San Leon, the AIM listed company focused on oil and gas development and appraisal in Africa and Europe, received an indicative proposal from Midwestern...

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Eland unprepared for Ubima oilfield development

Eland unprepared for Ubima oilfield development

AIM Listed Eland Oil and Gas is not ready for development work on Ubima field, located onshore eastern Nigeria, according to Africa Oil +...

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NNPC strives for greater efficiency in retail outlets’ operations

NNPC strives for greater efficiency in retail outlets’ operations

The Nigerian National Petroleum Corporation (NNPC) said its downstream retail subsidiary, NNPC Retail Limited, was activating fresh measures to optimize operational efficiency in the...

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Chevron denies alleged transfer of interest in OML 11

Chevron denies alleged transfer of interest in OML 11

Chevron Nigeria Limited (CNL), Operator of the Joint Venture with the Nigeria National Petroleum Corporation (NNPC), has denied the alleged transfer of its interest...

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THLD Group, Doowe Gas sign MoU on conversion, sales of autogas vehicles

THLD Group, Doowe Gas sign MoU on conversion, sales of autogas vehicles

Doowegas and THLD GROUP have signed a collaboration agreement to promote the conversion, usage and sales of autogas (liquefied petroleum gas) vehicles in Nigeria,...

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BudgIT alleges lack of accountability over N1.4tr petrol subsidy

BudgIT alleges lack of accountability over N1.4tr petrol subsidy

BudgIT has expressed dismay at the lack of accountability and transparency by the Federal Government and the Nigerian National Petroleum Corporation (NNPC) on the...

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Eland Oil & Gas provides Opuama-9 operations update

Eland Oil & Gas provides Opuama-9 operations update

AIM-listed Eland Oil & Gas has announced an operations update on the Opuama-9 infill well in licence OML 40. Further to the Company's announcement on...

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