Headlines DPR disowns company soliciting for its 50th commemorative adverts Chinazor Megbolu The Department of Petroleum Resources (DPR) has distanced itself from company clamouring for adverts for its 50th anniversary. The oil ... By maritimemagJune 6, 20210
Headlines NLNG rakes in $108bn from gas in 21 Years Chinazor Megbolu The Nigeria Liquefied Natural Gas (NLNG) has raked in $108 billion from gas sales in 21 years. The organisation made ... By maritimemagJune 6, 20210
Headlines African countries need $15.7 billion to upgrade oil refineries—ARDA The African Refiners and Distributors Association (ARDA), a pan-African organisation for the downstream oil sector in Africa, says Nigeria and other countries in ... By maritimemagJune 5, 20210
Headlines DPR concludes marginal field bid round with awards of certificate to 81 winners. Chinazor Megbolu The Department of Petroleum Resources (DPR), has announced the conclusion of the 2020 marginal oilfield bid round. The federal government agency ... By maritimemagJune 3, 20210
Headlines Out of 7,000 oil reserves discovered, only 1,700 functional – DPR Chinazor Megbolu The Department of Petroleum Resources (DPR) has said that out of 7,000 oil reserves that was discovered, only 1,700 of the ... By maritimemagJune 2, 20210
Headlines Dangote Group confirms talks with foreign oil firms for stake acquisition in refinery Chinazor MegboluAn indigenous conglomerate, Dangote Group, has confirmed its in talks with three oil firms from Western and Middle East countries to acquire ... By maritimemagJune 1, 20210
Headlines Group mandates SPDC to clear bushy pipelines in Bayelsa over gas leakage Chinazor Megbolu The Environmental Rights Action/Friends of the Earth Nigeria (ERA/FoEN) has mandated the Shell Petroleum Company of Nigeria (SPDC) to clear bushy ... By maritimemagJune 1, 20210
Headlines Refinery: Dangote Group confirm talks with foreign oil firms for stake acquisition Chinazor Megbolu An indigenous conglomerate, Dangote Group has confirmed its in talks with three oil firms from Western and Middle East countries to ... By maritimemagMay 31, 20210
Headlines DPR: Successful marginal field bidders to receive award letters, Monday Chinazor Megbolu The successful investors in the 2020 marginal field bid round project will receive award letters from the Department of Petroleum Resources ... By maritimemagMay 30, 20210
Headlines FG harps on getting first oil from new marginal fields next year Chinazor Megbolu The Federal Government has harped on getting first oil from the marginal fields effective next year. The Director, Department of Petroleum ... By maritimemagMay 29, 20210
Headlines House mandates NNPC to provide evidence of remittances to federation account Chinazor Megbolu The House of Representatives Committee on finance has mandated the Nigerian National Petroleum Corporation (NNPC) to provide evidence of revenue remittances ... By maritimemagMay 27, 20210
Headlines NNPC renews OML 118 with Shell, Total, Exxon, Eni The Nigerian National Petroleum Corporation has renewed Oil Mining Lease 118 with the local subsidiaries of Shell, Total, Exxon and Eni for another ... By maritimemagMay 26, 20210
Headlines Shell ready to dump Nigeria due to harsh operating environment – as government considers options of take over The Federal Government is weighing some options as discussions with Anglo-Dutch oil company, Shell Petroleum Development Company, begin over its plan for ... By maritimemagMay 25, 20210
Headlines NNPC selects 26 firms to lift Nigeria’s crude oil The Nigerian National Petroleum Corporation (NNPC) has picked 26 foreign and local companies as well as 12 countries to lift the country’s crude ... By maritimemagMay 23, 20210
Headlines FG rules out petrol price increase in June Chinazor Megbolu The Federal Government has ruled out increase in fuel pump price in June 2021. The Minister of State for Petroleum, Dr. ... By maritimemagMay 22, 20210
Economy Vandalism: Navy chides NNPC over 200,000 barrels crude oil theft Chinazor Megbolu The Nigerian Navy had chided the Nigerian National Petroleum Corporation (NNPC) for the loss of 200,000 barrels of crude oil to ... By maritimemagMay 21, 20210
