The Nigerian National Petroleum Corporation (NNPC) has secured a total of $3.7bn in Alternative Financing Agreement in the last three years, Group Managing Director of the...
The Senate Wednesday revealed that the refusal of some officials of government to honour its invitation for the consideration of templates contained in the 2018 budget was frustrating...
Nigerian National Petroleum Corporation (NNPC) and Chevron Nigeria Limited (CNL) have executed the second and final phase of an Alternative Financing Agreement that would increase crude...
The Minister of State for Petroleum Resources, Ibe Kachikwu, has said that Nigeria had an obligation to pursue oil exploration in the North-East and other areas...
As President Muhammadu Buhari prepares to lay the 2018 appropriation bill before the National Assembly, some 36 statutory bodies have not submitted their 2017 budget proposal...
The Nigerian National Petroleum Corporation (NNPC) has said there were no ulterior motives behind its special dinner with members of the National Assembly scheduled for Tuesday,...
Reports emerged Tuesday night that embattled Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), Maikanti Baru, may be trying to lobby members of...
The Federal Government Monday revealed that from 2019, the country would begin tracking Nigeria’s crude oil and would be able to account for every quantity of...
Strong indications emerged yesterday that the Senate ad-hoc committee constituted to investigate the alleged abuse of office by the Nigeria National Petroleum Corporation (NNPC) Group Managing...
Mobil Producing Nigeria Limited (MPN), one of the largest oil producers in Nigeria and operator of the Nigerian National Petroleum Corporation (NNPC)/MPN joint venture, Thursday announced...
There are indications that the Federal Government has started incurring N586 million daily as fuel subsidy, following the rise in crude oil price from $49 to...
A constitutional lawyer, Johnmary Jideobi, has dragged President Muhammadu Buhari before the Federal High Court in Abuja, over his alleged approval of “unlawful” and “unconstitutional” appointments...
Vested interests, religious and ethnic sentiments could frustrate attempts by the Senate to unravel the true position of the alleged $25b contracts, awarded by the Nigerian...
There seems to be no end in sight to the downward operational performance of Nigeria’s refineries since the beginning of 2017 despite several interventions made to...
In a move apparently designed to convince the public that the Nigerian National Petroleum Corporation (NNPC) contract scandal was now a thing of the past, and...
There are indications that the presidency has initiated moves to avert the indictment of the Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC),...
As the latest scandal in Nigeria’s historically reputation-challenged oil industry continues to generate widespread reactions, the issues thrown up so far in the allegations contained in...
Former Minister of Education, Oby Ezekwesili, has urged President Muhammadu Buhari not to “move on” from the allegations of fraud raised by the Minister of State...
Prominent Yoruba leader, Chief Ayo Adebanjo has examined the current face-off between the Minister of State for Petroleum, Dr. Ibe Kachikwu and the Group Managing Director...
Minister of State for Petroleum Resources Ibe Kachikwu and Nigerian National Petroleum Corporation (NNPC) boss Dr. Maikanti Baru have been advised to stop their bitter row...
The Nigerian National Petroleum Corporation (NNPC) has indefinitely shut down two of the nation’s three refineries due to increase in their operation costs and several maintenance...
The Pan Niger Delta Forum (PANDEF) has expressed disappointment over the Presidency’s handling of the ongoing feud between Minister of State Petroleum Resources, Dr Ibe Kachikwu,...
The Nigerian National Petroleum Corporation (NNPC) Thursday announced that it was well on course to pursue oil exploration in Yobe State as part of its expanded...
Barely hours after Vice-President Yemi Osinbajo’s aide, Laolu Akande, appeared to confirm Osibanjo’s approval of the controversial contracts awarded by the Nigerian National Petroleum Corporation (NNPC)...
The National leadership of the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has urged President Muhammad Buhari to intervene in the feud between the...
A former Minister of Petroleum Resources, Prof. Tam David-West, has described the response of the Nigerian National Petroleum Corporation (NNPC) to Minister of State (Petroleum), Ibe...
•What becomes of Sections 130(2), 148(1) of the Constitution and Section 1(1) of NNPC Act? •How can the NNPC Tenders Board appointed by Baru be responsible...
By Reuben Abati The current NNPC debacle is probably the most embarrassing, even if mercifully, eye-opening crisis in the history of that nationally strategic institution since...
Minister of State for Petroleum Resources Ibe Kachikwu’s future was hanging in the balance yesterday. President Muhammadu Buhari is said to be weighing options on Dr...
A Senior Advocate of Nigeria (SAN) Dr. Olisa Agbakoba has filed a suit at the Federal High Court, Abuja to challenge the non inclusion of the...
Group Managing Director of the Nigerian National Petroleum Corporation (NNPC) Maikanti Baru has stated that no law mandates him to report to Ibe Kachikwu in his...
Sources close to the Group Managing Director, Nigerian National Petroleum Corporation, Maikanti Baru, have revealed the reasons the NNPC boss ignored the Minister of State for...
THE Nigerian National Petroleum Corporation, NNPC, Group Managing Director, GMD, Mr. Maikanti Baru, is in the eye of the storm. This may probably not be the...
Despite the several groups and individuals who have opposed the deployment of soldiers for civil duties, the Nigerian Army on Saturday declared the deployment of troops...
In what appears a clear indication that all is not well within the Nigerian National Petroleum Corporation, a heavy security presence was on Friday sighted at...
The Nigerian National Petroleum Corporation (NNPC) Group Managing Director, Maikanti Baru, visited the Presidential Villa, Abuja, on Friday, the same day President Muhammadu Buhari met with...
The Minister of State for Petroleum Resources, Ibe Kachikwu, has attempted to play down the enormity of his now-viral leaked memo in which he wrote President...
The United States’ import of Nigeria’s crude oil increased by 32.1 per cent to 52.36 million barrels in the first half of 2017 compared to the...
By Pius Adesanmi… “It is in the interest of Lagos and Nigeria that the federal government open up and expand the capacities of other ports in...
Nigeria received pleasant news Friday when the joint Organisation of Petroleum Exporting Countries (OPEC) and the non-OPEC Ministerial Monitoring Committee (JMMC) took a decision to extend...
Despite the lengthy but still fruitless search for oil in the country’s Lake Chad Basin which was suspended recently owing to the daring attack and abduction...
A former president of the Nigerian Bar Association Olisa Agbakoba (SAN) on behalf of the Human Rights Law Service (HURILAWS) has called on the Federal Character...
The Nigerian National Petroleum Corporation (NNPC) has said it is seeking out new measures to expand existing operational portfolio with a view to increasing crude oil...
Six months after the Senate mandated its joint committees on Petroleum Resources (Downstream), Petroleum Resources (Upstream) and Gas to probe an alleged N10 trillion-subsidy fraud by...
Ohanaeze Ndigbo, the apex Igbo socio-political organization, has urged President Muhammadu Buhari to revisit the recent shake-up at the Nigerian National Petroleum Corporation (NNPC) in the...
The Nigerian National Petroleum Corporation (NNPC) Sunday announced that its continued strategic intervention towards the efficient supply and distribution of petroleum products had triggered a fall...
United States authorities are investigating China Petroleum and Chemical Corporation known as Sinopec over an alleged $100 million bribe paid to some Nigerian officials. Bloomberg is...
A few days after raising the alarm on the fraudulent activities of crude oil scammers, the Nigerian National Petroleum Corporation (NNPC) has provided further insights into...
The Nigerian National Petroleum Corporation (NNPC) on Sunday announced that scammers were behind about 98 per cent of all documents involved in the marketing of crude...
The Nigerian National Petroleum Corporation (NNPC) has urged members of the Independent Petroleum Producers Group (IPPG) to participate in the forthcoming bid round for about 30...
