Oil Firms’ Debts Near N5trn Amid Price Collapse     The debts owed by oil and gas companies to Nigerian banks rose by N90bn in the second quarter of this year to nearly N5tn as many operators struggle to stay afloat in the face of depressed prices...

Chevron, Others Sign Gas Sale Pact   Chevron Nigeria Limited has signed a gas sale and aggregation agreement with Olorunsogo Generation Company Limited, Niger Delta Power Holding Company Limited and Gas Aggregation Company Nigeria Limited. The firm said the agreement would enable it to supply on an...

Chevron Recalls NUPENG’s Sacked Workers   Indications emerged on Monday that Chevron Nigeria Limited had recalled sacked members of the Nigeria Union of Petroleum and Natural Gas Workers. The National Secretary of the union, Afolabi Olawale, disclosed this in a telephone interview with our correspondent. He explained...

Chevron, Dangote Fertiliser Sign Contract For Gas Supply   The Nigerian National Petroleum Corporation and Chevron Nigeria Limited have signed a Gas Sale and Aggregation Agreement with Dangote Fertiliser Limited and the Gas Aggregation Company of Nigeria Limited, which is the aggregator. Chevron disclosed this in a...

We Now Supply 40% of Gas in Nigeria, Says Chevron Oil firm, Chevron Nigeria Limited (CNL) has said that it now supplies up to 40 per cent of the domestic gas used in Nigeria, and on the back of that, has reduced gas flaring at...

Two leading unions in the oil industry, Nigeria Union of Petroleum and National Gas (NUPENG) and Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) have raised the alarm over the sacking of 3, 000 of its members and subsequently issued a 21-day...