The Minister of State for Petroleum Resources, Dr Edmund Daukoru has said that the recently concluded 2005 oil licensing round was used to promote indigenous participation...

China's biggest offshore oil producer, China National Offshore Oil Corp (CNOOC) Limited, will pay US$2.3 billion for a stake in a Nigerian oil and gasfield...

Africa could play a bigger role in ensuring global energy security if explorers increased investment in its "huge" oil and gas potential, an African Union (AU) energy body said today.

Notore Chemical Industries, the new owner of the old NAFCON plant achieved a major project milestone with the signing of a 20 year gas contract with the Nigerian Gas Company, (NGC).

LAGOS (AFX) - Nigeria NLNG said it had shipped the first cargo of liquefied natural gas to the US from its fourth production plant...

The Federal Government earned the sum of $2.187 billion as signature bonus from the sale of 152 oil blocks awarded between 1990 and 2006, Tony Chukwueke, the Director of Department of...

Nigeria would be richer by $150m (about W 21bn) annually when the bio-fuel initiative come into being.

Notable among the newly promoted is the Corporation’s image-maker, Dr Levi Ajuonuma, who is now Group General Manager, Group Public Affairs Division as well as Mr. C. A Oke, erstwhile General Manager,...

Delegates from India recently paid a visit to the Minister of State for Petroleum Resources, Dr Edmund Daukoru to conclude talks on bilateral co-operation between the two countries...

In order to take advantage of the abundant material resource available in the country, the federal government has inaugurated the Inter-ministerial Steering Committee that would work towards the establishment of the fuel ethanol industry in Nigeria...

The Nigerian National Petroleum Corporation, NNPC invites all beneficiaries of its National Quiz Competition Scholarship Award to its Corporate Headquarters in Abuja for the collection of their cheques...

The Group Managing Director of the NNPC, Engr. Abubakar Lawal Yar’Adua has said that servicom would complement the corporation’s quest for customer satisfaction in its service delivery...

The Nigerian National Petroleum Corporation (NNPC) has announced the promotion and redeployment of some of its management staff.

The Group General Manager, Information Technology Division of the NNPC, Mr. Chuks Onuoha has described information technology as the business enabler that would help transform the corporation into a world class integrated oil and gas company...

The Port Harcourt Refining plant is not an abandoned scrap as rumoured but a running plant complimented with a clean environment. The Minister of Energy...

The Minister of State for Energy in charge of Petroleum, Mr. H. Odein Ajumogobia (SAN) says that the decision of the federal government to end payment of cash calls and encourage sourcing of private financing...

The Managing Director of Integrated Data Services Limited (IDSL), a subsidiary of the NNPC, Dr Joseph Dawha has assured its host communities in Benin that it would continue to embark on...

NNPC’s Group Managing Director, Engr Abubakar Lawal Yar’Adua has reiterated his optimism that the proposed reform of the nation’s oil and gas sector would bring about better efficiency in the corporation...

Officials of Nigeria and Norway have held a meeting in Abuja to assess the progress that has been made since the signing of a memorandum of understanding (MOU) by the two countries in...

According to T.W. Schultz, although it is obvious that people acquire useful skills and knowledge, it is not obvious that these skills and knowledge are a form of capital, capital which in...