Former Vice President Atiku Abubakar criticized the Nigerian National Petroleum Corporation Limited (NNPCL) for claiming to be a private entity while acting as the federal government’s financial backbone. He called for its listing on the stock exchange to enhance transparency and profitability...
Dangote Refinery has increased its stock of imported crude oil from the United States, with a second shipment of US light sweet crude oil en route to Nigeria.
According to ship tracking data and traders, the vessel named Otis loaded approximately 850,000 barrels of WTI Midland in Houston...
ABUJA (Reuters) – China National Offshore Oil Corp (CNOOC) is willing to invest $3 billion in its existing oil and gas operation in Nigeria, the Nigerian National Petroleum Corporation (NNPC) said on Sunday following a meeting with the Chinese in Abuja …
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Justice Mojisola Dada of an Ikeja Special Offences Court on Monday remanded Fred Ajudua, a one-time Lagos socialite and businessman for....
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The Management of the Nigerian National Petroleum Corporation (NNPC) has dismissed insinuation of an approved N36billion compensation said....
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The Senate Committee on Petroleum (upstream) on Thursday asked the Group Managing Director of the Nigerian National Petroleum....
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The Nigerian National Petroleum Corporation (NNPC) Group Managing Director, Dr. Maikanti Baru, has directed that repair works should be executed immediately on the Escarvos to Lagos Pipeline (ELP) ruptured by an explosion today along Egbokodo-Omadino, in Warri South Local Government Area of...
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The Nigerian National Petroleum Corporation (NNPC) said that it has adopted a 24-hour depot and retail services to totally clear the fuel queues in Abuja, Lagos and many states across the country.
NNPC Chief Operating Officer, Ventures and Chairman of the NNPC Special Task Force on Fuel...
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Portugal, Cameroon and Malaysia retuned to the Nigerian crude oil market after several months, crude export destination data released by the Nigerian National Petroleum Corporation (NNPC) showed.
According to the report, around 948,000 barrels of Nigerian crude was exported to the Western...
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Oil search in the nation’s inland basins received a fresh impetus following the commencement of exploration activities in the Benue Trough by the Nigerian National Petroleum Corporation (NNPC).
In a statement released by the NNPC in Abuja, the Group Managing Director of the Corporation, Mr...
The Nigerian National Petroleum Corporation, NNPC, yesterday, said it has been mandated by the President Muhammadu Buhari-led Federal Government to make meaningful efforts in stimulating the country’s economic growth and development.
This is even as stakeholders in the gas sector charged the...
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The Senate Committee on Ethics, Privileges and Public Petitions has invited the Group Managing Director of the Nigerian National Petroleum Corporation, Maikanti Baru; and the Managing Director of Shell Petroleum Development Company of Nigeria Limited, Osagie Okubor, over the revocation of the...
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Minister of State for Petroleum Resources Ibe Kachikwu had gone to the Presidential Villa with a letter of resignation last Friday, has shelved the move in the “larger interest of the nation”, The Nation reports.
This is coming before the Presidency ordered ceasefire between the Minister and...
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The Nigerian National Petroleum Corporation (NNPC) has indefinitely shut down two of the nation’s three refineries due to increase in their operation costs and several maintenance interventions.
A Government official told Dailytrust that the two refineries had been down in July and yet to...
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The Nigerian National Petroleum Corporation (NNPC) has said that it will reinvigorate exploratory activities in the seven hydrocarbon basins in the country.
NNPC Group Managing Director, Dr. Maikanti Baru, disclosed this yesterday when he received the of Yobe State, Alhaji Ibrahim Geidam, at...
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The Nigerian National Petroleum Corporation, NNPC, GMD, Dr. Maikanti Baru, has again reacted to allegations of corruption and insubordination raised against him by the Minister of State for Petroleum, Ibeh Kachikwu.
In his second response in two days, Mr. Baru said he did no wrong and repeated...
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Olisa Agbakoba, a Senior Advocate of Nigeria has sued President Muhammadu Buhari-led Federal Government over what he described as “lopsided appointments” at the Nigerian National Petroleum Corporation (NNPC).
According to a statement signed on Monday by his media assistant, Niyi Odunmorayo, the...
The Nigerian National Petroleum Corporation (NNPC) has said that it duly informed the Minister of state for Petroleum, Dr, Ibe Kachikwu in the award of crude oil contracts.
Kachikwu had accused Maikanti Baru, group managing director GMD) of the oil firm, of sidelining the NNPC board while...
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The Nigerian National Petroleum Corporation (NNPC) have received green light to respond to the allegations levelled against its Group Managing Director Maikanti Baru by the Minister of State, Petroleum Resources, Ibe Kachikwu in a letter to President Muhammadu Buhari, DailyTrust gathered.
A...
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Femi Falana, lawyer and rights activist, has advised President Muhammadu Buhari to relinquish his position as the minister of petroleum resources.
On his assumption of office, Buhari took up the portfolio while he appointed Ibe Kachikwu as the sector’s minister of state.
Reacting to Kachikwu’s...
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