The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC), Mallam Mele Kyari on Wednesday disclosed that – working with the Board, management...
President Muhammadu Buhari Tuesday in Abuja unveiled the new Nigerian National Petroleum Company Limited (NNPC Limited), affirming that the company is mandated by law to ensure...
Nigeria President Muhammadu Buhari on Tuesday in Abuja unveiled the new Nigerian National Petroleum Company Limited, affirming that the company is mandated by law to ensure...
Nigeria’s Defence Headquarters (DHQ) on Thursday disclosed that naval troops intercepted no fewer than 15 million barrels of crude oil, automotive gas oil (AGO) known as...
The perennial petrol queues in and around Abuja may further deteriorate from this week as members of the Independent Petroleum Marketers of Nigeria (IPMAN) in the...
Nigeria again lost a whopping $650.7 million to crude oil losses resulting from declaration of force majeure, equipment failures and host communities’ disturbances between the April...
Despite the position of some oil marketers that the current pump price for petrol in Nigeria is unsustainable following long queues that have surfaced in some...
Still struggling with its oil production quota, the Organisation of Petroleum Exporting Countries (OPEC) on Tuesday revealed that Nigeria reported a paltry 1.024 million barrels per...
By Derrick Bangura Oil prices jumped after EU leaders reached an agreement late Monday to ban 90% of Russian crude by the end of the year....
By Derrick Bangura Nigeria’s low crude oil production means the country is barely able to cover the cost of imported petrol from its oil and gas...