Oil/Gas Reports

President Buhari

How President Buhari caused NNPC Scandal

Minister Kachikwu accuses the NNPC chief of insubordination and contract impropriety.

Dr. Maikanti Baru

NNPC Scandal: GMD Baru fails to address two key issues in response to Kachikwu

Mr. Baru through a public statement responded to the alleged N9 trillion contract scandal.

NNPC TOWERS

Why I did not consult Kachikwu, NNPC board on multi-billion dollar contracts – GMD Maikanti Baru

The disagreement between Mr. Baru and Mr. Kachikwu blew open last week after incubating for over a year.

NNPC Scandal: NNPC boss Baru meets Osinbajo

Mr. Baru is accused of corruption.

Muhammadu Buhari talking

Buhari keeps mum as N9 trillion contract scandal rocks NNPC

Ibe Kachikwu wrote the president over a month ago highlighting alleged due process violations.

OANDO

N799 billion liabilities: Reps give SEC, Oando ultimatum to resolve controversy

Committee says it may be compelled to conduct an investigative public hearing.

NNPC Headquarters, Abuja

BUSINESS SPECIAL: Pressure on Nigeria as the world turns away from oil

“Maximizing the benefits of all oil and gas assets now will save the country the humiliation of ‘drinking its oil.’”

Controversy trails disruption of Oando’s AGM in Uyo

Company said the protesters are ”paid, dubious characters.”

Former Minister of Petroleum Resources, Diezani Alison-Madueke

How Diezani ignored due process in handling of N59.44 billion ‎NNPC funds – Audit Report

The audit report has been sent to the National Assembly.

U.S. investigates oil firm for allegedly bribing Nigerians with $100 million

The investigations are being done by the U.S. SEC and Justice Department.

SPECIAL REPORT: How Nigerian law contributes to abject poverty in Niger Delta communities despite decades of oil wealth

PREMIUM TIMES findings in some communities in Warri Southwest LGA show thousands living in abject poverty despite sitting on liquid wealth.

NNPC TOWERS

Despite slight improvements, Nigeria’s extractive industry still very opaque – Report

Nigeria was ranked 55 of 89 countries in terms of transparency of its extractive sector.

SPECIAL REPORT: Nigeria’s oil-rich communities abandoned in shocking poverty despite huge wealth

Niger Delta communities suffer grinding poverty despite producing Nigeria’s oil and gas wealth.

Fuel Sales: NNPC, Tinubu, Adenuga, Otedola, others owe Nigerian govt N86.4 billion

Some firms have started repaying for distribution of products over the last 10 years.

INVESTIGATION: Secret documents expose Nigerian oil mogul’s offshore hideaways

The Panama Papers reveal dealmaker’s backstage maneuverings as he hung with celebrities and criminal investigators closed in

Tankers at a NNPC depot

PENGASSAN suspends nationwide strike

Details of the agreements reached by the parties are sketchy at this time.

Why we stopped buying Nigeria’s crude oil — U.S.

The Minister of State for Petroleum, Ibe Kachikwu, recently said the U.S. would soon resume the importation of crude oil from Nigeria.

NEITI to partner EFCC to tackle financial crimes in Nigeria’s oil sector

NEITI says the Nigerian government has never tried to censor its reports.

Non-remittance to NDDC: NASS issues bench warrant on 8 oil companies

Rep. Uzoma Nkem-Abonta wants NDDC accounts subjected to forensic auditing.

niger-delta-militants-2-1

Niger Delta Avengers strikes again, restates vow to bring Nigeria’s oil production to ‘zero’

The militant group announced its latest attack on oil installation on Thursday.

murtala-muhammed-international-airport

Nigerian pilots, engineers, shun NLC, back govt. on fuel price hike

NAAPE says it will not allow pilots and aircraft engineers to join any strike

CBN Economic report for August 2014

INFOGRAPHIC: CBN Economic report for August 2014

CBN Economic report July 2014

INFOGRAPHIC: CBN Economic report for July 2014

Nigeria’s oil production rises in August

The report indicates that Nigeria made more money from crude oil sale in August than in July

CBN Economic report May 2014

INFOGRAPHIC: CBN Economic report for May 2014