Nigeria waking up to moves to incentivize its deep-water, signs deal with PSC partners
…12-yr dispute cost parties $9bn in contingent liabilities …Kyari says deal to yield $780m in immediate revenues to government
Nigeria’s revenue under threat as India cuts oil import by $39.5bn
Wale Ameen Online Editor Nigeria’s oil revenue may be up for some potential threat as the country has been hit by
NNPC finally kicks off $1.5bn Port Harcourt Refinery rehabilitation
…Says it can’t afford to fail …Project to generate 3,000 jobs at construction Ben Eguzozie, in Port Harcourt
Petroleum landing cost now N216, as daily subsidy hits N4.64bn
Arakunle Kayode As a result of the recent increase in global prices in oil and the depreciation of Naira against the dollar,
NNPC records 37.21% drop in oil pipeline vandalism in January
…Increases gas supply for power generation Ben Eguzozie, in Port Harcourt The Nigerian National Petroleum Corporation (NNPC) announced
Nigeria moving behind with planned oil search resumption in Sokoto Basin as world moves to energy transition
…Country spent $340m in previous North-East search; additional N27bn in seismic expedition Ben Eguzozie, in Port Harcourt If the
Nigeria defends $1.5bn Port Harcourt Refinery rehabilitation amid global backlash
…Approaches Afreximbank for $1bn loan …Argues new refinery costs $7bn – $12bn …Energymix says $2bn builds 100,000bpd refiner …Shell
NNPC to provide technical support to NDLEA in fight against illicit drugs
…As 14.3m Nigerians use drugs Ben Eguzozie, in Port Harcourt The national oil company, Nigerian National Petroleum
NNPC collaborates with Usmanu Danfodiyo University to develop energy conversion, storage system
…Project’s details not known yet …Energy experts seek more credible gown-town partnership Ben Eguzozie, in Port Harcourt The
China approves 85% loan to facilitate Nigeria’s $2.6bn gas pipeline project
By Onome Amuge China has granted approval of the 85 percent loan needed to fund the $2.6 billion Ajaokuta-Kaduna-Kano