By Jemimah Wellington, JKNewsMedia Correspondent NIGERIA’s FORMER Minister of Petroleum Resources, Diezani Alison-Madueke, has appeared at Southwark Crown Court facing five counts of accepting bribes and one count of conspiracy to commit bribery, prosecutors said. The court heard that between 2011 and 2015, Alison-Madueke allegedly received m...
By Jemimah Wellington, JKNewsMedia Correspondent PRESIDENTIAL APPROVAL has been granted for investment-linked incentives to support the proposed Bonga South-West deep offshore oil project by Shell and its partners endorsed by President Bola Tinubu in Abuja, Thursday. JKNewsMedia.com reports the President as directing his Special Adviser on En...
By JKNewsMedia Reporter NIGERIA’s OIL sector has been handed a significant financial reset, with approval secured for the cancellation of $1.42 billion and N5.57 trillion in debts owed by the Nigerian National Petroleum Company (NNPC) Limited to the federal government, signalling a push to stabilise the company’s finances and tighten transpar...
By JKNewsMedia Reporter OPERATIONS HAVE resumed on the Escravos Lagos Pipeline System following the successful restoration of the major gas transportation asset in Warri, Delta State, Nigerian National Petroleum Corporation (NNPC) Limited, has announced. In a signed statement by Andy Odeh, Chief Corporate Communications Officer of NNPC Limite...
By JKNewsMedia Reporter FOURTEENTH SPORTS Fiesta of the Nigerian National Petroleum Corporation (NNPC) Ltd will hold this weekend at the Moshood Abiola National Stadium in Abuja, marking a week-long series of competitions designed to showcase employee athleticism and select potential flagbearers for the upcoming Nigeria Oil & Gas Industry...
By JKNewsMedia Reporter TOWARDS BOOSTING Nigeria’s upstream sector, Fidelity Bank Plc reaffirmed its commitment to indigenous participation in oil and gas, highlighting support for local operators and continued investment during Emadeb Energy’s first-oil presentation. The event took place at Fidelity Place, the bank’s corporate headquarters i...
By Jemimah Wellington, JKNewsMedia Correspondent FIRM GROWTH in revenue has been declared by the Nigerian National Petroleum Company (NNPC) Limited, with figures for August 2025 reaching N4.655 trillion, compared to N4.406 trillion recorded in July. The company’s Monthly Report Summary for August, released on Friday, showed that Profit After ...
By JKNewsMedia SUSPENSION OF Premium Motor Spirit transactions in naira by Dangote Refinery has set the stage for a nationwide increase in petrol pump prices, the Independent Petroleum Marketers Association of Nigeria (IPMAN) confirmed on Friday. National President of IPMAN, Alhaji Abubakar Maigandi, disclosed that members of the association ...
By Jemimah Wellington, JKNewsMedia Correspondent FAILURE TO curb persistent gas flaring has become the subject of a legal battle at the ECOWAS Community Court of Justice (CCJ), where the Federal Republic of Nigeria now faces a suit alleging violations of international human rights and environmental treaties. The case, filed on 22 September 20...
By JKNewsMedia APPOINTMENTS OF two senior executives, Mr Andy Odeh and Mrs Morenike Adewunmi, into pivotal leadership positions have been announced by the Nigeria National Petroleum Company (NNPC) Limited. According to the company, Mr. Odeh will serve as Chief Corporate Communications Officer (CCCO), while Mrs Adewunmi takes on the role of Ch...
