Kogi Demands 13% Derivation from Federation Account as Fund for Oil Production
Kogi State governor, Usman Ododo, has demanded the payment of 13 per cent derivation from the federation account in line ...
Tag: Oil
How Local Palm Oil Production Can Save Nigeria $600m Annually – NPPAN
The National Palm Produce Association of Nigeria has revealed that the country could save $600m annually by investing in palm ...
‘How Dangote Oil Refinery is Revolutionizing Nigeria’s Oil Industry’ -Aliko Dangote
The founder, chairman, and CEO of the Dangote Group, Aliko Dangote, has narrated how the Dangote Oil Refinery is revolutionizing ...
Navy Nabs 28 Suspected Oil Thieves In Ondo
Men of the Anti-Crude Oil Theft patrol team of the Forward Operating Base of the Nigerian Navy, Igbokoda, Ondo State, ...
FG Reveals Plan To Revoke Unused Oil Licences
The Nigerian Upstream Petroleum and Regulatory Commission has said the Federal Government is planning to revoke unused oil exploration leases ...
Oil Production Increases To 1.7 Million Barrels Daily, says FG
The Federal Government, on Friday, announced that Nigeria’s oil production has increased to about 1.7 million barrels per day, up ...
Niger Delta: Nigerian Oil Firms Acquire 26 Mining Licenses in 10 Years
Nigerian oil firms have acquired about 26 oil mining licenses in the Niger Delta basin area in the last decade. ...
FG Accuses 23 Oil Blocks Of Failing To Produce Crude
No fewer than 23 oil blocks managed by both international and local oil companies, which are under crude oil Production ...
Court Awards N100bn Damages To Oil Host Community
A Federal High Court on Friday, 15th September, 2022, in a landmark judgement, awarded the sum of 100 billion naira ...
P’Harcourt Refinery Set to Produce 60,000 Barrels/Day in 2023 – FG
Chief Timipre Sylva, the Minister of State for Petroleum Resources has stated that the April 2023 completion date for the ...
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