Adebayo Obajemu According to data compiled from the released results of quoted companies in oil and gas, there was a huge plunge in the revenues of...

…as the corporation fights back By ADEBAYO OBAJEMU These are indeed difficult times for the Nigeria National Petroleum Corporation, NNPC. If it were only the challenge...

By Adebayo Obajemu The Nigerian National Petroleum Corporation (NNPC) is set to utilise a large portion of the $1.5 billion oil prepayment deal with Vitol and...

By Adebayo Obajemu Nigeria’s biggest indigenous oil production company, Seplat Petroleum Development Company Plc, has stated that OPEC’s extended oil production cuts on Nigeria would result...

The first half of this year has been challenging one for Seplat Petroleum Development Company as it declared N37.8 billion loss during this period. The local...

The Petroleum Products Retail Outlets Owners Association of Nigeria, PETROAN, has urged the Department of Petroleum Resources, DPR, to probe the issue of importation of dirty,...
Adebayo Obajemu The last has not been heard of Malabu’s OPL-245 money trail, as Italian prosecutors have requested Italian court to send to jail the chief...

Adebayo Obajemu Global gas flaring increased to 150 billion cubic meters (bcm) in 2019, the highest level in more than a decade, primarily due to increases...

Adebayo Obajemu Following it’s probe of alleged fraud at the Nigeria Delta Development Commission, NDDC, the Senate has ordered the Interim Management Committee (IMC) of the...