Oil and gas

Oil and Gas

NNPC is the most transparent National oil company in the

Malam Mele Kyari, Group Managing Director of the Nigerian National Petroleum Company Ltd. (NNPC), says no national oil company in the world is as transparent as NNPC. Malam Mele Kyari He said this in reaction

Oil and Gas

Nigeria to Grow gas production to 1,780 bcf, targets Europe

Nigeria’s gas production level is set to hit 1,780 billion cubic feet (bcf) in 2022, up from 1,450 billion feet in 2021, a new report from African Energy Chamber (AEC) has shown. The report noted

Oil and Gas

Nigeria: Oil Market – High Crude Prices Shoot Aviation Fuel

The price of aviation fuel has increased by 121.4 per cent to N620 per litre in June 2022, from N280 per litre in the corresponding period of 2021, due mainly to the rising price of

Oil and Gas

Oil Deal: Nigeria loses $2.7b fraud case against JP Morgan

On Tuesday, a UK Court ruled against Nigeria in its $1.7 billion fraud claim against JP Morgan Chase Bank over the transfer of proceeds from the sale of OPL 245 Malabu Oil Deal. The Judge,

Power

Power

Nigerian Government Hopes to Ramp Up Power Infrastructure With $4bn Funding

The Federal Government, FG, has expressed optimism that the various funding arrangements amounting to about $4 billion it has put

Stabilising Nigeria’s Electricity Grid With CBN’s N103bn Intervention

Tinubu Cites Lack Of Electricity As Greatest Impediment To Economic Development

Adeoye Fadeyibi Appointed AEDC MD/CEO