Oil & Gas
PIA: Engr. Olaye Steps Down as Chairman of HCDT in OML 42
Engr Dr. Olaye Messiah Doupade, who recently assumed the Chairmanship of the OKOEA Host Community Development Trust (HCDT) in OML 42, has stepped...
Tantita Security Reveals Devastation of Nembe Creek Trunk Line in Oil Theft Saga
Dr. Paul Bebenimibo, Media Consultant for Tantita Security Services Nigeria (TSSL), made a startling revelation before the Nigeria Union of Journalists (NUJ) in...
NUPRC Registers 103 Host Communities for Petroleum Industry Act’s Development Trust
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has registered 103 communities to benefit from the three per cent Host Communities Development Trust (HCDT)...
Chevron Nigeria Secures $1.4 Billion Investment for Drilling Projects Around Escravos
Chevron Nigeria Ltd (CNL) has successfully secured $1.4 billion in financing for its NNPCL/CNL JV infill drilling program, spanning 2022 to 2026. This...
Shell to Sell Nigerian Onshore Subsidiary SPDC for $2.4 Billion to Renaissance Consortium
Shell Plc has agreed to sell its Nigerian onshore subsidiary, The Shell Petroleum Development Company of Nigeria Limited (SPDC), to Renaissance, a consortium...
Chevron Nigeria Announces Jim Swartz as New Chair/MD
Chevron Nigeria Limited (CNL), the operator of the joint venture between the Nigerian National Petroleum Company (NNPC) Limited and CNL, has appointed Jim...
NNPC Hits Historic High: Records N2.548 Trillion Profit in 2022 – Highest in 45 Years
The Nigerian National Petroleum Company (NNPC) Ltd announced a historic profit of N2.548 trillion for 2022, marking its highest ever since establishment in...
NNPCL Unveils 157 Oil Theft Cases in Recent Report (December 30, 2023 – January 5, 2024)
The Nigerian National Petroleum Company Ltd (NNPCL) reports 157 oil theft incidents within a week (December 30, 2023, to January 5, 2024) in...
