The average loss to vandalism and theft on system 2B, a pipeline used by the Nigerian National Petroleum Corporation (NNPC) to transport petroleum products from Atlas Cove Jetty in Lagos to all the depots across the country, has hit N64.8 billion in the last one year....
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The Federal Government has assured that it will adequately supply petroleum products across the country during and after the Yuletide season, to avoid scarcity....
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Dangote Industries will invest in a $2 billion phosphate project in Togo, positioning itself to become a main supplier of fertilizer in West Africa.....
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The Government of Russia has signed a Memorandum of Understanding (MoU) with Nigeria for deep oil offshore exploration in the country. Also, some Russian companies and....
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The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has disclosed that the corporation has agreed to a $2.5 billion financing with a Chinese lender for pipeline project in Nigeria.....
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The Nigerian National Petroleum Corporation (NNPC) says it has robust supply of petroleum products that will sustain the country in the ember months and even beyond December.....
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The Nigeria Extractive Industries Transparency Initiative, NEITI, today, stated that the Nigerian National Petroleum Corporation, NNPC, is claiming that it is owed N797 billion by Nigeria, comprising the Federal, State and Local Governments...
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The Nigerian government says it is committed to the production adjustments agreed on under the Declaration of Cooperation (DoC) between member countries of the Organisation of the Petroleum Exporting Countries (OPEC) and Non-OPEC Countries.
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The Nigerian National Petroleum Corporation (NNPC) and the Nigerian Guild of Editors (NGE) yesterday renewed hope for passage of the Petroleum Industry Bill (PIB) and other legislations in the oil and gas sector.
Specifically, the NGE pledged to enlighten members of the...
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International Oil Companies (IOCs) seeking to renew their expired licences in various locations in Nigeria may be disappointed with the latest development, as the Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari disclosed that the Corporation would...
The Nigerian National Petroleum Corporation (NNPC) on Thursday expressed its readiness to maintain the supply of 10 per cent of India’s crude oil demand in the face of competing demand for the product from other countries.
The Group Managing Director of the NNPC, Mele Kyari made …
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In order to continue its exchange of crude oil for refined fuel, the Nigerian National Petroleum Corporation (NNPC) has contracted about 34 companies to carry out the deal.....
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The Nigerian National Petroleum Corporation (NNPC) may have dismissed reports suggesting that a new Petrol (Premium Motor Spirit) pump price is on the way, but recent developments indicate that a new price regime appears imminent.
The NNPC Group General Manager, Group Public Affairs Division...
Nigerian National Petroleum Corporation (NNPC) has hinted that pump price of premium motor spirit (PMS) may be increased soon, as it described the N145 pump price as the cheapest in West Africa....
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Maikanti Baru, immediate past group managing director (GMD) of the Nigerian National Petroleum Corporation (NNPC), says he has sacrificed 45.6% of his terminal benefit for the corporation’s pensioners.....
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Immediate past Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), Maikanti Baru, yesterday said the organisation’s financial books were clean and open to scrutiny....
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Speaker, House of Representatives, Femi Gbajiabiamila, has given the assurance that the 9th National Assembly would give priority to the passage of the Petroleum Industry Governance Bill (PIGB) in order to consolidate and....
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Fifty-three oil blocs in Nigeria’s deep water acreages are stranded as the last bid rounds by the Federal Government hit 12 years. Deepwater statistics from the Department of Petroleum Resources....
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