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Explosion rocks NPDC’s Benin River Valve Station

The Nigerian National Petroleum Corporation (NNPC) has reported an explosion incident which occurred at Gbetiokun, OML 40, operated by the Nigerian Petroleum...

FG flags-off construction of 614km Ajaokuta-Kaduna-Kano gas pipeline

…As NNPC sets 24-month completion date The Federal Government’s aspiration to boost domestic utilisation of gas in Nigeria will...

Deutsche Bank completes $3bn hybrid corporate financing for Nigeria LNG

Deutsche Bank Luxembourg S.A. has completed a landmark US$3 billion Export Credit Agency (ECA)-backed hybrid corporate financing for Nigeria LNG Limited (NLNG)...

West African LNG exports resilient amid coronavirus impact

In the face of economic turmoil triggered by the coronavirus pandemic, exports of Liquefied Natural Gas (LNG) from Nigeria and other West...

NNPC publishes maiden audited financial accounts

The Nigerian National Petroleum Corporation (NNPC) made history on Friday with the publication of its first audited financial statements after 43 years...

FG earmarks 53% petroleum industry COVID-19 funds for medical infrastructure

…Commences building of facilities in three states The Nigerian Petroleum Industry Intervention on Covid-19 has set aside 53 per...

NNPC to unveil COVID-19 Contacts-Tracing App

…Activates online products procurement solutions THe Nigerian Natioanl Petroleum Company (NNPC) has developed a contacts-tracing software application that would...

Covid-19: Downstream Petroleum Group to complete, equip Abuja Diagnostic Centre

Just when you thought Nigeria’s oil marketing companies were all about their profit margins and clamouring for total market deregulation, the industry’s...

Kyari implores Graduate Trainees to join in building NNPC

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has urged the newly recruited Graduate Trainees (GTs)...

Petrol may sell for NGN117 as PPMC slashes ex-depot price

…Petrol to sell at N117 per litre…As FG dallies on total deregualtion The world's cheapest petrol is about to...
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“Brace for higher fuel prices”, Minister tells Nigerians

…”We never promised permanent low fuel prices”- Sylva …To launch auto-gas scheme as alternative fuel Minister...

NNPC records 19% increase in gas supply to power sector

The Nigerian National Petroleum Corporation (NNPC) Thursday in Abuja announced an increase of 19.14 per cent in the average daily natural gas...

Explosion rocks NPDC’s Benin River Valve Station

The Nigerian National Petroleum Corporation (NNPC) has reported an explosion incident which occurred at Gbetiokun, OML 40, operated by the Nigerian Petroleum...

DPR records over 600 bids for 57 Marginal oilfields

The Department of Petroleum Resources (DPR) says over 600 companies have applied to be pre-qualified for the ongoing bid rounds of 57...