Oil & Gas

Avengers Threat: Ukori, EGCDF chairman pleads for calm

Comrade Jude Ebitimi Ukori in a chat with Advocate  appealed to members of the Niger Delta Avengers to jettison their threat and embrace dialogue, saying any attempt on destruction of oil facilities will affect both the people of the Niger Delta and the Federal Government.

Read More »

PIB: Critical for Economic Stabilization

The delay in the passage of the petroleum industry bill has come with some cost to the economy of the nation. International Oil Companies, IOCs, said the continued delay in passing the Petroleum Industry Bill, PIB, into law is creating uncertainties.

Read More »

NNPC, Shell, Chevron agree to boost FG revenue, oil reserves

Two sets of alternative financing agreements on Joint Venture (JV) projects to boost reserves and production in line with government’s aspiration were executed in London on Monday between the Nigerian National Petroleum Corporation (NNPC) and two of its JV partners: NNPC/Chevron Nigeria Limited (CNL) JV and NNPC/Shell Petroleum Development Company (SPDC) JV.

Read More »

NNPC, Shell, Chevron agree to boost FG revenue, oil reserves

Two sets of alternative financing agreements on Joint Venture (JV) projects to boost reserves and production in line with government’s aspiration were executed in London on Monday between the Nigerian National Petroleum Corporation (NNPC) and two of its JV partners: NNPC/Chevron Nigeria Limited (CNL) JV and NNPC/Shell Petroleum Development Company (SPDC) JV.

Read More »