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Category : oil-and-gas~offshore|oil-and-gas:Oil and Gas

NNPCL Alleges Coordinated Sabotage Campaign Against Its Leadership
General News oil-and-gas~offshore|oil-and-gas:Oil and Gas

NNPCL Alleges Coordinated Sabotage Campaign Against Its Leadership

June 27, 2025

The Nigerian National Petroleum Company Limited (NNPC Ltd.) says it has uncovered an emerging coordinated sabotage campaign being waged by a syndicate of known and faceless actors, both outside and within various levels of the organisation. This group according a press statement signed by the management of the company is actively spreading lies and misinformation […]Read More

Former CFO of Nigeria’s State Oil Firm Arrested Over Alleged $7-Billion Fraud
energy oil-and-gas~offshore|oil-and-gas:Oil and Gas

Former CFO of Nigeria’s State Oil Firm Arrested Over Alleged

June 25, 2025

Jun 24, 2025 Nigeria’s Economic and Financial Crimes Commission has arrested two ex-oil officials, including the former chief financial officer (CFO) of Nigeria’s state energy firm NNPC, over an alleged $7.2-billion fraud, corruption, and abuse of office. The financial crimes authorities have arrested Umar Ajiya Isa, a former CFO at NNPC, as well as Jimoh Olasunkanmi, a […]Read More

Iran Floods Tankers with Oil To Shield Crude From Missile Strikes
oil-and-gas~offshore|oil-and-gas:Oil and Gas

Iran Floods Tankers with Oil To Shield Crude From Missile

June 21, 2025

Jun 20, 2025 Iran Loads Every Available Barrel of Oil on Its Tankers  Following confrontation with the prospect of the Trump Administration potentially attacking its infrastructure, Iran has been maximizing exports and sending as much produced crude as possible to its terminal in Kharg Island. According to Oilprice.com news, Iran’s main crude oil loading port, […]Read More

NNPC Ltd. Records N5.8bn Revenue, N748bn PAT In April
energy|power General News oil-and-gas~offshore|oil-and-gas:Oil and Gas

NNPC Ltd. Records N5.8bn Revenue, N748bn PAT In April

June 16, 2025

The Nigerian National Petroleum Company Limited (NNPC Ltd.) has announced a revenue of N5.89 billion and a Profit After Tax (PAT) of N748 billion for the month of April. The NNPC Ltd. disclosed this in its Monthly Report Summary for April, released on Thursday. The report highlights key statistics, including crude oil and condensate production, […]Read More

Natural Gas: MDGIF invests viable projects to deepen consumption
General News oil-and-gas~offshore|oil-and-gas:Oil and Gas

Natural Gas: MDGIF invests viable projects to deepen consumption

June 3, 2025

The Midstream and Downstream Gas Infrastructure Fund (MDGIF) says it will continue to prudently invest in economically valuable and viable projects that seek to increase domestic consumption of natural gas in Nigeria. The Executive Director, MDGIF, Mr Oluwole Adama, said this on Thursday at the commissioning of the MDGIF/FEMADEC Integrated CNG Refuelling Infrastructure at Yakubu […]Read More

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