Oil and gas export sales up to $416 million

The Nigerian National Petroleum Corporation (NNPC) says a total of crude oil and gas export sales of $416.07 million was realised in June, which is 35.78 per cent higher than the previous month.

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China offshore oil coy to invest $3 billion in Nigeria

The China National Offshore Oil Corporation (CNOOC) is to invest an additional three billion dollars in its existing stakes in offshore oil and gas operations in Nigeria.

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Saudi Arabia to build oil refinery in Pakistan

Saudi Arabia will build an oil refinery in Pakistan near the Iran border, officials said on Thursday amid warnings that the move may trigger a conflict between the Persian Gulf rivals.

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Federal government, China sign agreement on oilfield services

In what could be described as a strong move to develop Nigeria’s oilfield services and boosting research and development in the oil and gas industry, the Nigerian National Petroleum Corporation (NNPC) has signed...

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NAOC: Poor financing hindering Nigerian firms in oil industry

The Nigerian Agip Oil Company (NAOC) Joint Venture, comprising Agip, the Nigerian National Petroleum Corporation (NNPC) and Oando, on Friday identified lack of funding as a major impediment to Nigerian...

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