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...
Nigeria’s plans to put in a further $25 billion dollars into the Nigeria Liquefied Natural Gas Company (NLNG) for an expansion programme may have been put...
The Senate joint committee on Petroleum Resources, made up of Upstream, Downstream and Gas, has announced the commencement of the probe of alleged N10 trillion subsidy...
Contrary to claims by the Nigerian National Petroleum Corporation (NNPC) that the shut Warri Refinery would soon come back on stream, findings have shown that this...
The Senate has said corrupt Nigerians are hiding stolen money in caskets and uncompleted buildings in remote villages in some parts of the country. The Senate...
Of the 597.207 million barrels of crude oil exported from Nigeria in 2016, India had the highest demand of 127.1 million barrels (35 per cent), beating...
The Nigerian National Petroleum Corporation (NNPC) yesterday said it has renegotiated its deep offshore rig rate from a staggering $580,000 to $164,000 per day, translating to...
Boldly, Andrew Yakubu, the former group managing director of the Nigerian National Petroleum Corporation (NNPC) has told a Kano State Federal High Court to order the...
Former Group Managing Director of the NNPC, Mr. Andrew Yakubu is to lose the $9,772,00 and £74,000 recovered from him to the Federal Government. A Federal...
By Joseph Edgar…. It has been announced by the EFCC that they have recovered an estimated $9m and another £75,000 in the Kaduna house of a...
A disturbing revelation has come out from the Nigerian National Petroleum Corporation, (NNPC) that about 45 per cent of refined products from the Kaduna Refinery have...
The long drawn face off between the Central Bank of Nigeria (CBN) and the Nigeria National Petroleum Corporation (NNPC) over deployment of foreign exchange realized from...
Illegally refined kerosene has flooded various markets in Delta State cushioning the effect of high prices of the commodity from the Nigerian national Petroleum Corporation (NNPC)...
The Nigerian National Petroleum Corporation (NNPC) has so far raked in about $500 million into government’s coffers from crude oil swap deals introduced in 2016, according...
The directive from the Chief of Staff to the President, Mr Abba Kyari, that the N150 billion owed to major marketers be paid immediately, has elicited...
The rise in costs of kerosene and cooking gas in Nigeria in the past six months has impacted negatively on forestation programme of the country. It...