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Oil Production To Rise By 165,000BPD As NNPC/Chevron JV Converts Assets To PIA Terms

In line with the Petroleum Industry Act (PIA) 2021 provisions of transiting assets from the Petroleum Profit Tax into PIA terms, the Nigerian National...

NUPRC Gives Chevron Two Weeks To Resolve Host Trust Fund Feud With Escravos Communities

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC), has waded into the dispute between Chevron Nigeria Limited and some communities within the company’s Warri exploration...

Over $165.45m Daily Revenue Coming From Crude Oil As NNPC Raises Production Volume To 1.72 Million Barrels

The aggressive efforts being taken by the Nigerian National Petroleum Corporation to increase crude oil production is yielding results as the country’s crude oil...

NNPC Will Earn $6bn Revenue For Nigeria Through Hydrocarbon Project Deal—-Ajiya

The Nigerian National Petroleum Company Ltd on Wednesday said that Nigeria will earn over $6bn through royalties and taxes from the implementation of the...

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