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Nigeria’s gas penetration drive receives major boost as NNPC, KDSG, sign...

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…As Kyari assures gas supply will revamp industries FRI 27 AUG, 2021-theGBJournal- Nigeria’s domestic gas penetration aspirations have received a major boost as the Nigerian...

Kyari, NNPC GMD clarifies revenue projection for 2022-2024 revenue framework

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… The GMD provided a base oil price scenario in the medium term as follows: $57 per barrel for 2022, $61 per barrel for...

NNPC scores impressive N43.57bn trading surplus in April amid robust gains...

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MON 09 AUG, 2021-theGBJournal- The Nigerian National Petroleum Corporation (NNPC) has announced a trading surplus of ₦43.57bn in April 2021 representing a 23.64% increase...

The rehabilitation of the Port Harcourt Refinery does not make economic...

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By Oduche Azih SAT 07 AUG, 2021-theGBJournal- This is a basic economic fact, not because Dr Pat Utomi said so. Hence we cannot claim to...

Quick Take: NNPC income and subdued FAAC remittance

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SAT 07 AUG, 2021-theGBJournal- The Nigerian National Petroleum Corporation (NNPC) is set to withhold NGN117.41 billion from the three tiers of government this month...

Fitch Ratings puts focus on positive long-term effects of the Petroleum...

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WED 04 AUG, 2021-theGBJournal- Fitch Ratings- The passage of Nigeria’s proposed Petroleum Industry Bill (PIB) could have positive long-term effects for both Nigeria’s public...

Governors of Southern Nigeria reject ownership structure of proposed NNPC Limited,...

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MON 05 JULY, 2021-theGBJournal- The Governors of Southern Nigeria met today at the Lagos State Government House, Ikeja, Lagos, to review the situation in...

Pipelines vandalism cost N60 billion yearly to repair-Minister

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1,161 pipeline points across the country vandalized between Jan 2019 and Sept 2020 By Audrey Lotechukwu MON 05 JULY, 2021-theGBJournal- The Minister of Information and Culture...

Benefits of the passing of Nigeria’s Petroleum Industry Bill will be...

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African Energy Week 2021 taking place in Cape Town represents the ideal platform to discuss post Petroleum Industry Bill opportunities FRI 02 JULY, 2021-theGBJournal- The...

Petroleum Industry Bill is passed by the National Assembly

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By Audrey Lotechukwu THUR 01 JULY, 2021-theGBJournal-The Nigerian Senate and the House of Representatives Thursday passed the much awaited Petroleum Industry Bill (PIB) after considering...