The Group Managing Director of the Nigerian National Petroleum Corporation, NNPC, Dr. Maikanti Baru has said that Nigeria flared 783 million standard cubic feet of gas...
Human rights lawyer, Femi Falana, SAN, has threatened to sue the minister of state for petroleum resources, Ibe Kachikwu, if he fails to provide him with...
The federal government has said that contrary to speculations, there is no immediate plan to remove subsidy on premium motor spirit, otherwise known as petrol. This...
Again, Nigerians have been assured that there is no impending fuel scarcity. This is as the Independent Petroleum Marketers Association of Nigeria (IPMAN) and National Union...
As many consumers in the country engage in panic buying of Premium Motor Spirit (PMS), widely known as petrol, out of fear of an impending scarcity,...
A joint operation by troops of the Joint Task Force (JTF) in the Niger delta and a local surveillance group has brought about the seizure of...
Shell Petroleum Development Company of Nigeria Limited (SPDC) and Shell Nigeria Exploration and Production Company Limited (SNEPCo), in 2018 paid a total of $6.397 billion to...
A suspect named Wasiu Oyewole has been arrested by operatives of the Lagos State Police Command for scheming with two others to transport fuel after allegedly...
Justice Ahmed Mohammed of the Federal High Court sitting in Abuja, will on April 4, 2019 decide whether the former Group Managing Director (GMD) of the...
Nigerian refineries made a total loss of N132.5 billion in 2018, a 39 percent increase from the N95.09 billion loss it incurred in 2017. According to...
President Muhammadu Buhari has given the Nigerian National Petroleum Corporation (NNPC) up till April 30, 2019 to take over the operatorship of the entire Oil Mining...
The Nigerian National Petroleum Corporation, NNPC, has taken over assets worth N771 million belonging to oil marketers who underpaid for petroleum products supplied them from the...
Following reports of a pipeline explosion in Nembe, Bayelsa, Aiteo Exploration Ltd has confirmed the incident, assuring that no life was lost in the Friday explosion...
Atiku Abubakar, the presidential candidate of the Peoples Democratic Party (PDP) on Wednesday in Kaduna reiterated his plan to privatise the Nigerian National Petroleum Corporation (NNPC)...
President Muhammadu Buhari has announced that the Nigerian National Petroleum Corporation (NNPC) will soon commence drilling for a deeper search for oil and gas in the...
Crude oil production by the Nigerian Petroleum Development Company, NPDC, a subsidiary of the Nigerian National Petroleum Corporation, NNPC, has increased by 57,000 barrels per day....
The Nigerian National Petroleum Corporation (NNPC) is finding it difficult to access funds from private investors to undertake most of its oil and gas operations because...
The dust on the suspension of the Chief Justice of Nigeria, Justice Walter Onnoghen, is yet to settle. The leader of Pan Niger Delta Forum (PANDEF),...
The Infrastructure Concession Regulatory Commission, ICRC, has asked the Federal Government and the NNPC to concession the refineries in the country in order to make them...
The presidential candidate of the Peoples Democratic Party (PDP) Wednesday, expressed the seriousness he attaches to the privatisation of the Nigerian National Petroleum Corporation (NNPC) vowing...
Chief of Army Staff, Lt. General Tukur Yusuf Buratai has responded to a request urging him to provide information on spending on military operations across the...
The Petroleum Products Pricing Regulatory Agency (PPPRA) Monday, said it expected the Nigerian National Petroleum Corporation (NNPC) to declare over recovery from the importation of petrol...
Nigeria literally threw N197 billion into the flames in the first nine months of 2018, representing the value of gas flared during the period. According to...
Private security guards protecting Nigerian National Petroleum Cooperation (NNPC) oil pipelines from Lokoja to Kaduna State, embarked on a peaceful protest Thursday against the non-payment of...
Daily production of crude oil by Nigeria increased by 9 percent in 2018 to 2.09 million barrels compared to the 1.86 million barrels daily production in...
The Nigerian National Petroleum Corporation (NNPC) has said none of the country’s refineries has undergone Turn Around Maintainance (TAM) in 42 years. The Group Managing Director,...
The Nigerian National Petroleum Corporation, NNPC, has called on Nigerians to report any filling station in the country selling petrol above the official pump price of...
The Buhari Media Organisation (BMO) has raised an alarm over what it claims is a grand plot by the Presidential candidate of the Peoples Democratic Party...
The Nigerian National Petroleum Corporation (NNPC) has said that Federal Government-owned refineries lost N96.34bn in the first nine months of 2018. The refineries, located in Port...
The Nigerian National Petroleum Corporation (NNPC) on Thursday, insisted that it acted within the law by withdrawing $1.05 billion from the dividends account of the Nigeria...
From a modest N3.9 billion trading surplus in August, the Nigerian National Petroleum Corporation (NNPC) Wednesday, announced a trading surplus of N9.85bn for the month of...
The Nigerian National Petroleum Corporation (NNPC) has explained why it withdrew $1.05billion from the Nigeria Liquefied Natural Gas (NLNG) dividend account, stressing that Section 7 of...
Nigerian National Petroleum Corporation (NNPC) secured oil pipelines, including their maintenance in month of November 2018 to the tune of N15.5 billion, document sighted by New...
After a ding dong affair between the Presidency, the Nigerian National Petroleum Corporation, NNPC, and the National Assembly, President Muhammadu Buhari on Wednesday said N305 billion...
Senate President Bukola Saraki has tasked President Muhammadu Buhari on the need to correct the handling of subsidy on petrol as currently handled by the Nigerian...
The 2019 budget estimates proposal presented to the National Assembly by President Muhammadu Buhari is heavily tilted towards recurrent expenditures, doubling what the executive proposed for...
The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu has explained that the decision of the administration of President Muhammadu Buhari not to fix Nigeria’s...
Nigeria is owing international oil companies to the tune of $5.1 billion for joint venture cash calls business arrangements, the Nigerian National Petroleum Corporation, NNPC, said...
The continuous face-offs between the Ministry of Finance, Nigeria National Petroleum Corporation (NNPC), State Governments and revenue generating organs of the Federal Government on the other...
Geometric Power, Nigeria’s foremost indigenous independent power company, has signed a new agreement with the Nigerian National Petroleum Corporation (NNPC), Shell Petroleum Development Company (SPDC), Total...
The Nigerian National Petroleum Corporation, (NNPC) on Saturday justified its withdrawal of $2.201 billion from the Nigerian Liquefied Natural Gas (NLNG) fund, insisting that the corporation...
Independent Petroleum Marketers Association of Nigeria (IPMAN) has cried out over inadequate availability of petroleum products at their stations, saying their members are being sent out...
Oil marketers on Saturday, denied signing any agreement with the Federal Government over the lingering N800 billion subsidy arrears. The oil marketers also insisted that their...
The Nigerian National Petroleum Corporation (NNPC) has said that over $800 million (N244.8 billion) had been lost to breaches in the Trans Forcados Pipeline this year....
The Nigerian National Petroleum Corporation (NNPC) on Monday said that Nigeria will not encounter a scarcity of Premium Motor Spirit, popularly known as petrol, this season...
To ensure autonomous and strategic business units of the Nigerian National Petroleum Corporation (NNPC) deliver on their mandates, the Group Managing Director of the corporation, Maikanti...
The Minister of State for Petroleum Resources, Dr Ibe Kachikwu, has said it was no longer possible for the four ailing refineries belonging to the Nigeria...
Tension has started building up in Delta State due to the decision of the Nigerian National Petroleum Corporation (NNPC) to award oil infrastructure surveillance contract to...
Thirty days ahead of Christmas celebration, commercial sex workers hanging around New Romeo and Juliet, a popular open bar, club and event centre in Ejigbo, by...
The Nigerian Senate Committee on Gas has demanded the schedule of 45 withdrawals made from the accounts of the Nigeria Liquefied Natural Gas (NLNG) from 1999...
