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Nigeria: Mosop Reiterates Commitment to Oil Resumption, Devt of Ogoniland/in /by
[Vanguard] In line with its earlier declaration on January 4, to mark the 32nd anniversary of Ogoni Day, the Movement for the Survival of Ogoni People, MOSOP, has reiterated its position to allow for oil resumption in Ogoni.
Nigeria: TotalEnergies to Exit Nigerian Onshore Oil Business/in /by
[Premium Times] The firm said it wants to divest its share of Shell Petroleum Development Company of Nigeria Limited (SPDC)
Nigeria: Power Supply – Nigerian Govt Sets Up Committee to Resolve Gas Shortage/in /by
[Premium Times] "If we are serious about the economic development of the country, we need to solve the problem of gas supply today. We should look at the possibility of mandating the gas suppliers to price in naira," a minister said.
Nigeria: NNPC, CBN Review Decision On Management of Oil Revenue/in /by
[Premium Times] The CBN has provided enhanced digital platforms for all transactions and has established specific limits to manage NNPCL transactions, the statement said.
Nigeria: No Increase in Petrol Pump Price – NNPC/in /by
[Premium Times] "NNPC Ltd urges Nigerians to disregard unfounded rumours and assures them that there are no plans for an upward review of the PMS price," NNPCL said.
Nigeria: Bonga Oil Spill – Niger Delta Communities Protest in Abuja Over $3.6bn Shell Award/in /by
[Premium Times] Some members of the Niger Delta communities affected by the 2011 Bonga oil spill staged a protest at the Federal Ministry of Justice in Abuja, demanding the enforcement of the award against oil giant, Shell.
Nigeria: Nigeria Fails to Meet Oil Production Targets in 10yrs/in /by
[Daily Trust] Despite having crude oil in abundance, Nigeria has consistently failed to meet oil production targets as stipulated in national budgets over the last 10 years, investigations by Daily Trust have shown.
Nigeria: CBN’s Takeover of Sales Proceeds From NNPCL Illegal – Atiku/in /by
[Leadership] Former vice president Atiku Abubakar has said the directive by the federal government for the Central Bank of Nigeria (CBN) to take over the responsibility for crude oil sales proceeds from the Nigerian National Petroleum Company Limited (NNPCL) is not legal in its application.
Nigeria: No to Third Party Operation of Port Harcourt Refinery/in /by
[Daily Trust] On January 15, 2025, the Nigerian National Petroleum Company Limited (NNPCL), the formerly government-owned corporation, which transformed to a limited liability company in July 2022, but still owned by the government, launched a tender seeking potential private company operators to manage the Port Harcourt Refining Company (PHRC).
Nigeria: Tinubu Orders AGF, EFCC, Others to Resolve $1.3 Billion Malabu Oil Deal Saga/in /by
[Premium Times] An official said that parties involved in the deal were negotiating to end the more than 28 years crisis and litigation surrounding the prolific Malabu oil block located in southern Niger Delta in the next one month.