The latest increase in crude oil price at the global market has compelled the Federal Government to bring back fuel subsidy currently amounting to N1.1bn daily....
The Nigerian National Petroleum Corporation (NNPC) is set to raise $1 billion loan to refurbish its largest refining complex at Port Harcourt. The Port Harcourt complex...
China has approved $2.6bn loan for Nigeria’s Ajaokuta-Kaduna-Kano gas pipeline project. This was announced by the Federal Government announced on Tuesday with a plan to disburse...
Nigeria National Petroleum Corporation (NNPC) has said the withdrawal of over $21 billion from the Nigeria Liquefied Natural Gas (NLNG) dividends account is legal. The NNPC...
The Nigerian National Petroleum Corporation (NNPC) has been given one week within which to consider a reversal of the pump price of petrol. This is part...
The Group Managing Director of the Nigerian National Petroleum Corporation, Mr Mele Kyari, has said the corporation deliberately shut down the nation’s refineries because it no...
The Nigerian National Petroleum Corporation pumped a total of N81.41bn into the nation’s refineries between January and August this year. A report from the corporation which...
President Muhammadu Buhari does not interfere in the operations of the Nigerian National Petroleum Corporation, Group Managing Director of the NNPC, Malam Mele Kyari, has said....
The Nigerian National Petroleum Corporation has estimated global losses from exploration and production activities due to slowing demand for crude oil amid the COVID-19 pandemic will...
Another explosion on Tuesday November 3 rocked a production facility in Oil Mining Lease (OML) 40, impacting about 10,000 barrels of oil per day. The explosion,...