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The Nigerian National Petroleum Company Limited (NNPC) said it has opened talks with the United States Finance Corporation and Exim Bank to seek financing for its...
Germany is taking control of three Russian-owned refineries in the country to ensure energy security before an embargo on oil from Russia takes effect next year,...
In response to the alleged inflation of petrol imports and consumption in Nigeria, the Nigerian National Petroleum Company (NNPC) Limited has insisted that average petrol supply...
With total spending on the controversial petrol subsidy now exceeding oil revenue, the Nigerian National Petroleum Company (NNPCL) outstanding debt on what it terms under-recovery hit...
The arrest of a supertanker with capacity for three million barrels of oil, about three times the one million barrels per day (bpd) currently being produced...
The Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed on Thursday disclosed that the federal government spends an estimated N18.397 billion daily on petrol...
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) on Monday affirmed that the status quo remains with respect to the ExxonMobil/Seplat Energy share acquisition. The clarification by...
Shell Petroleum Development Company (SPDC) of Nigeria has expressed concern that crude oil theft remains a major challenge affecting the Nigerian economy. The Head, Corporate Relations,...
The new Secretary General of the Organisation of Petroleum Exporting Countries (OPEC), Kuwaiti’s Haitham Al Ghais, on Monday engaged the Nigerian media on his immediate plans...
The European Union (EU) has intensified pressure on Nigeria to supply gas to Europe as it attempts to wean itself off Russian gas on the back...
