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NNPC confirms new oil well...

NNPC confirms new oil well discovery, boosts...

Nigeria’s non-oil exports reach record...

Nigeria’s non-oil exports reach record $6.1bn in...

NNPC confirms new oil well discovery, boosts Nigeria’s energy prospects

NNPC confirms new oil well discovery, boosts Nigeria’s energy prospects The Nigerian National Petroleum Company Limited (NNPC Ltd) has confirmed the successful discovery of a new oil well, marking a significant boost to Nigeria’s upstream oil and gas sector. The discovery was made through the Awodi-07 appraisal and exploration well located in the shallow offshore area of the western Niger Delta. NNPC said drilling and testing confirmed the presence of hydrocarbons across multiple reservoir zones, following extensive data acquisition and analysis. READ ALSO: $2.8bn AKK gas pipeline to become operational in 2026 —...
Abdullahi Mustapha Haruna -
News

SERAP demands NNPC...

SERAP demands NNPC accountability within 7 days for missing $2.04bn, N164bn oil revenues The Socio-Economic Rights and Accountability Project (SERAP) has issued a stern call...
Neptune Prime -
Finance

Senate directs NCDMB...

Senate directs NCDMB to give account of $330million intervention fund accessed by 70 companies The Senate has directed the Nigerian Content Development and Monitoring Board (NCDMB)...
Neptune Prime -
International

Iran’s oil exports...

Iran's oil exports reach 5-year high despite US sanctions "Despite US sanctions, Iran's oil exports hit a 5-year high, preventing a substantial increase in oil...
Neptune Prime -
News

NNPC, MRS Oil...

Seven major oil marketers in Nigeria, under the Major Oil Marketers Association of Nigeria (MOMAN), have obtained approval from the Dangote Petroleum Refinery for the lifting and distribution of refined petroleum products produced by the $20 billion facility.
Neptune Prime -
Business & Economy

Okomu oil palm...

Okomu oil palm nets N10bn in critical Q1 season  The company’s first quarter interim financial report for the three months ended March 2023 shows a...
Salim Sani -
Business & Economy

NOGaPS Emeyal 1...

NOGaPS Emeyal 1 Park in Bayelsa to boost oil and gas manufacturing by Q4 2023 The construction of the Nigerian Oil and Gas Park Scheme...
Maryam Umar -
Local

Calabar-Itu Road threatens...

Calabar-Itu Road threatens success of Nigeria's 1st oil and gas park - GOCOP An investigation by a team of online publishers drawn from the Guild...
Gift Luckson -
Development

NCDMB calls for...

NCDMB calls for manufacturers as it opens Nigeria's first oil and gas park The Nigerian Content Development & Monitoring Board (NCDMB) is advertising for interested...
Gift Luckson -
Crime

Bauchi NSCDC apprehends...

Bauchi NSCDC apprehends 5 suspects involved in illegal oil bunkering The Bauchi State Command of the Nigeria Security and Civil Defence Corps (NSCDC) has confirmed...
Maryam Umar -
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