House of Representatives Committee on Public Accounts has summoned Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari, over alleged withdrawal of $20.3 billion from the Nigerian Liquefied Natural Gas (NLNG) dividend account. Its chairman, Wole Oke, expressed concern over the NNPC chief’s supposed refusal toRead More

The nation’s gas exports have rebounded from the COVID-19 pandemic, rising for the fourth straight month in July to 115.71 billion cubic feet, the highest level in more than a year. Nigeria, which has the largest gas reserves in Africa and the ninth-largest in the world, exports gas mainly throughRead More

Yemisi Izuora Oil major, Total, has given fresh assurances that it will improve on its Local Content drive in Nigeria’s oil and gas industry. It said that currently, it makes an annual expenditure of over $40 million on Corporate Social Responsibility, CSR, in the country. The firm said with suchRead More

The Shell Petroleum Development Company (SPDC) says it has grown its oil output to an average of 514,000 barrels per day (bpd) and developed an additional capacity to produce more. Mr. Osagie Okunbor, the Chairman of Shell Companies in Nigeria disclosed the production data in the oil firm’s 2020 briefingRead More