JV | Doowe Gas

NNPC, Shell Chevron sign financing deals

he Nigerian National Petroleum Corporation on Thursday announced that two sets of alternative financing agreements on joint venture projects to boost oil reserves and production were signed in London between it and two of its JV partners. It listed the...

August 4, 2017

Green Post

BREAKING: FG Emerges With New Petroleum Policy

LAGOS—The Federal Government has emerged with a new National Petroleum Policy, targeted at bringing about restructuring, new legislation and value addition in the oil and gas industry. The policy, which has already been approved by the Federal Executive Council, defines...

July 28, 2017

Green Post

Nigeria inches closer to 40 billion barrels oil reserve target

The plan by the Nigerian National Petroleum Corporation to grow the nation’s crude oil reserves to 40 billion barrels by the year 2020 received a major boost on Thursday with the execution of a tripartite agreement in Abuja. The agreement...

July 3, 2017

Green Post

Nigeria to hit 40b barrels oil reserve by 2020

June 30, 2017

Green Post

FG, IOCs disagree over $10bn crude overlift

…As Kachikwu assures on resolution of PSC issues. There may be no end in sight to the myriad of challenges facing Nigeria’s oil industry as both the federal government and the international oil companies, IOCs, are still at loggerheads over...

May 5, 2017