Oil & Gas

The Africa Network for Environment and Economic Justice (ANEEJ) has written to the Archbishop of Canterbury and other leaders of the Church of England to withdraw their support for the Shell’s climate and energy plan at the company’s 2021 annual general meeting. The Executive Director of ANEEJ, David Ugolor, who…

The Nigeria Extractive Industries Transparency Initiative (NEITI) and the Corporate Affairs Commission (CAC) are to constitute a joint coordination committee on beneficial opwnership policy of the global extractive industries transparency initiative. The committee’s role would be to identify, document  and disclose the real owners of Nigeria’s oil, gas and mining  assets under the country’s…

The rehabilitation and construction works have commenced in earnest on the rehabilitation of the Port Harcourt Refinery, as the Nigerian National Petroleum Corporation (NNPC) restates commitment not to fail Nigerians. The Group General Manager, Group Public Affairs Division of the NNPC, Kennie Obateru, quoted the NNPC Chief Operating Officer, Refineries…

Revenue projections contained in the letter to the Accountant General of the Federation (AGF) which leaked in the media this week not a reflection of the true financial health of the Nigerian National Petroleum Corporation (NNPC), its management clarified on Friday. Rather, it pertains only to the  revenue stream  to…

Despite the explanations by the Nigerian National Petroleum Corporation (NNPC) on why long fuel queues of anxious motorists have resurfaced outside filling stations nationwide, findings show the real reason could be traced to the manipulative activities by petroleum products marketers. The Group Managing Director of the NNPC, Mele Kyari, blamed…

The Federal Ministry of Environment  is to work with the Nigerian Extractive Industries Transparency Initiative (NEITI) to implement the environmental compliance requirements in the global Extractive Industries Transparency Initiative (EITI) Standard. Consequently, the ministry said it has offered to provide NEITI with the institutional platform that would provide easy access…

The Federal Government has called on the European Union and Africa Regional Heads of Government and Commonwealth Roundtable to reconsider their planned defunding of gas projects in developing countries.just Vice President Yemi Osinbajo said on Monday that despite recent advocacy for a transition to net-zero emissions, there have been calls…

About 67.15 percent of the daily natural gas resources produced by the Nigerian National Petroleum Corporation (NNPC) for January 2021 was commercialized, the Monthly Financial and Operations Report (MFOR) of the Corporation has revealed. The 66th edition of the NNPC MFOR highlights NNPC’s activities for the period of January 2020 to…

By Ata Udo More often than not it appears nobody knows exactly what Nigerians really want. In times of national need, the cacophony of opinions and of shreds views, particularly from the privileged vocal few, would drown out the more discerning voices of the majority, leaving the leadership in a…

The commitment by the Mele Kyari-led management at the Nigerian National Petroleum Corporation (NNPC) to increase Nigeria’s domestic refining capacity and end importation of petroleum products effectively commenced on Tuesday with the contract for the rehabilitation of the 210,000 barrels per day capacity Port Harcourt Refinery in Alesa-Eleme, Rivers State.…