Corruption: NNPC recovers $1.6bn from companies

Baru tasks new NNPC management team on transparency, efficiency

The Former Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), Dr Maikanti Baru has urged the new management team...

Eni: Italy widens probe into alleged obstruction in graft case

Italian prosecutors are widening an investigation into suspected obstruction of justice by officials of oil group Eni, sources said, threatening to open a new...
Recruitment: NNPC to hold CBT for shortlisted candidates June 1

NNPC settles $833.57m Cash-Call Arrears to Mobil

The Nigerian National Petroleum Corporation (NNPC) says it has fully settled the total amount owed to Mobil Producing Nigeria (MPN) with a payment of...
OPEC re-elects Barkindo as Sec-Gen; seeks global oil cut

OPEC re-elects Barkindo as Sec-Gen; seeks global oil cut

The Organization of Petroleum Exporting Countries (OPEC) on Monday night announced the re-election of Nigeria’s Mohammed Barkindo as Secretary General for a three-year tenure. Barkindo,...
Total Nigeria shareholders commend board on N4.75bn final dividend for 2018

Use local content for economic growth — Total Plc

Total Nigeria PLC has called on the Federal Government to ensure that enforcement of local content would drive economic growth for development in the...
Shell, Total declare force majeure on Bonny Light

Shell, Exxon Mobil eye re-entry into Somalia’s upstream sector

Royal Dutch Shell and Exxon Mobil are looking to re-enter the market in Somalia ahead of an oil block bid round taking place later...

Illegal activities of crude oil thieves causes 90% pippeline leaks

Shell Nigeria seeks stakeholders' support over illegal activities of crude oil thieves, highlighting the danger of continuous sabotage to people and environment. The...
NNPC inaugurates Duke oil complex

NNPC inaugurates Duke oil complex

The Nigerian National Petroleum Corporation (NNPC) on Thursday inaugurated a new office complex for its crude oil trading subsidiary, Duke Oil (NNPC Trading). Speaking at...

Shell expands domestic gas distribution in Nigeria

Shell Nigeria Gas (SNG), the country’s first and wholly-owned subsidiary of an international oil company involved in domestic gas distribution in Nigeria, increased its...
US bans companies enabling shipment of Venezuelan oil to Cuba

US bans companies enabling shipment of Venezuelan oil to Cuba

The United States government on Friday sanctioned two companies, Ballito Bay Shipping Inc. and ProPer in Management Inc., operating in Venezuela’s oil sector and...