The Nigerian National Petroleum Corporation (NNPC) Group Managing Director, Maikanti Baru, visited the Presidential Villa, Abuja, on Friday, the same day President Muhammadu Buhari met with...
The Minister of State for Petroleum Resources, Ibe Kachikwu, has attempted to play down the enormity of his now-viral leaked memo in which he wrote President...
The United States’ import of Nigeria’s crude oil increased by 32.1 per cent to 52.36 million barrels in the first half of 2017 compared to the...
By Pius Adesanmi… “It is in the interest of Lagos and Nigeria that the federal government open up and expand the capacities of other ports in...
Nigeria received pleasant news Friday when the joint Organisation of Petroleum Exporting Countries (OPEC) and the non-OPEC Ministerial Monitoring Committee (JMMC) took a decision to extend...
Despite the lengthy but still fruitless search for oil in the country’s Lake Chad Basin which was suspended recently owing to the daring attack and abduction...
A former president of the Nigerian Bar Association Olisa Agbakoba (SAN) on behalf of the Human Rights Law Service (HURILAWS) has called on the Federal Character...
The Nigerian National Petroleum Corporation (NNPC) has said it is seeking out new measures to expand existing operational portfolio with a view to increasing crude oil...
Six months after the Senate mandated its joint committees on Petroleum Resources (Downstream), Petroleum Resources (Upstream) and Gas to probe an alleged N10 trillion-subsidy fraud by...
Ohanaeze Ndigbo, the apex Igbo socio-political organization, has urged President Muhammadu Buhari to revisit the recent shake-up at the Nigerian National Petroleum Corporation (NNPC) in the...
The Nigerian National Petroleum Corporation (NNPC) Sunday announced that its continued strategic intervention towards the efficient supply and distribution of petroleum products had triggered a fall...
United States authorities are investigating China Petroleum and Chemical Corporation known as Sinopec over an alleged $100 million bribe paid to some Nigerian officials. Bloomberg is...
A few days after raising the alarm on the fraudulent activities of crude oil scammers, the Nigerian National Petroleum Corporation (NNPC) has provided further insights into...
The Nigerian National Petroleum Corporation (NNPC) on Sunday announced that scammers were behind about 98 per cent of all documents involved in the marketing of crude...
The Nigerian National Petroleum Corporation (NNPC) has urged members of the Independent Petroleum Producers Group (IPPG) to participate in the forthcoming bid round for about 30...
The Group Managing Director of the Nigerian National Petroleum Corporation, Dr. Maikanti Baru has appealed to oil pipeline hackers to desist from such nefarious acts According...
The Nigerian National Petroleum Corporation (NNPC) has pledged to open its books to greater access and scrutiny, especially by the Office of the Auditor General of...
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr Maikanti Baru, has stated that the corporation owed oil companies cash call arrears for...
Stiff competition among the petroleum marketing companies has forced the price of Petrol down to N142 and N143 per litre from the regular N145 per litre...
The federal government on Thursday announced that it is suspending crude oil exploration work in the Lake Chad Basin until such a time when security is...
Suspected militants on Monday vandalised the Trans-Niger pipeline in Ogoniland in Rivers State of the Niger Delta, reducing the Nigerian National Petroleum Corporation (NNPC)’s crude oil production by...
The Nigeria Natonal Petroleum Corporation (NNPC) has denied involvement in illegal hiding of funds with some banks in breach of the Treasury Single Account (TSA) policy...
The Federal Ministry of Information and Culture on Monday joined the growing list of public officials and institutions accused of undermining the effectiveness of the Freedom...
Media Rights Agenda (MRA) on Monday named the Nigerian National Petroleum Corporation (NNPC) as the latest inductee into its Freedom of Information (FOI) Hall of Shame....
The Nigerian National Petroleum Corporation, NNPC, says it has secured $2billion discounts in the last one year from renegotiated Upstream contracts being executed by its various...
The Nigerian National Petroleum Corporation (NNPC) has announced that an Indonesian engineering firm, PT Intim Perkasa, will soon embark on building a refinery in the country....
The managing director of Capital Oil and Gas Limited, Ifeanyi Ubah, may have been released after spending over 40 days in the custody of the Department...
The Nigerian National Petroleum Corporation (NNPC) says it has crashed the price of Automotive Gas Oil (AGO), also known as Diesel, by about 42% nationwide. The...
Nigeria spent a total of N4.74 trillion to import 20 million metric tonnes of fueI in 2016, representing approximately 30 per cent of the Central Bank...
The Department of State Services (DSS) has said that the alleged diversion of about 80 million litres of Premium Motor Spirit (petrol) belonging to Nigeria National...
The Nigerian National Petroleum Corporation on Thursday prayed Justice Mohammed Idris of the Federal High Court in Lagos not to accept the suit by the Managing...
Nigeria is on the verge of signing a $6 billion deal with 10 companies for crude oil exchange for refined products to take off by July...
The Senate has expressed concern over the failure of government agencies to submit their 2017 budget proposal to the National Assembly in line with extant law....
Capital Oil and Gas Limited, owned by businessman, Ifeanyi Ubah has alleged that the Nigeria National Petroleum Corporation (NNPC) owes it N16 billion. The company stated...
Nigeria through the Nigerian National Petroleum Corporation (NNPC) has awarded a pipeline contract to a consortium of Chinese companies led by China National Petroleum Corporation Engineering...
There is a palpable fear among policy makers over speculations that with Nigeria’s oil production outputs coming up to 2 million barrels per day, the exemption...
The fear of a possible rise in the current price of premium motor spirit (PMS), also known as Petrol, is becoming more obvious as the price...
In response to the Federal Government plans to license modular refineries to accommodate illegal refineries dotting the creeks of the Niger Delta region before end of...
There has been a renewed surge in activities, and ease in tension at the corporate headquarters of the Nigerian National Petroleum Corporation (NNPC) which has been...
The House of Representatives believes that the Nigerian National Petroleum Corporation did not remit a total of $81.2bn crude oil proceeds to the Federation Account in...
The Senate has commended the Nigerian National Petroleum Corporation (NNPC) for responding to the motion moved during a plenary session by Senator Kabiru Marafa, chairman, Committee...
Following its conclusion of investigation into the sale without appropriate authorisation of 82 million litres of petrol valued at N11 billion by Capital Oil and Gas,...
Few weeks after the Nigerian National Petroleum Corporation (NNPC) announced measures to achieve full recovery of over 130million litres of premium motor spirit (PMS) worth N11billion...
Almost a year after a major Nigerian National Petroleum Corporation (NNPC) owned oil facility, the Mosimi oil Depot, near Ogun State, was put out of use...
Petroleum Tankers Drivers (PTD), a branch of the Nigeria Union of Petroleum and Natural gas Workers, (NUPENG) has suspended its strike action after one day of...
Billionaire businessman and owner of Capital Oil and Gas Plc, was on Thursday grilled by operatives of the Department of State Security (DSS). Ripples Nigeria can...
To help boost power generation in the country, the Nigerian National Petroleum Corporation (NNPC) has hinted of its plan to generate at least 4,000megawatts of electricity...
Two major oil companies in the country MRS Limited and Capital Oil and Gas Limited may soon go before the DSS, and the EFCC over NNPC’s...
It took police pleading and cajolling to avert what could have been a return to violence in Port Harcourt, the main oil community in Nigeria’s Niger...
Despite claims by the Nigerian National Petroleum Corporation (NNPC) that the four Nigerian refineries are producing at 70 per cent capacity, it can be confirmed that...
