The Nigerian National Petroleum Company Limited (NNPC) has congratulated Mrs. Maryamu Idris on her appointment as Nigeria’s National Representative to the Organisation of the Petroleum Exporting Countries (OPEC). The appointment, …
Nigeria’s crude oil production fell again in August, reversing recent gains that had lifted the country above its OPEC quota for two consecutive months. The drop has raised fresh concerns …
The African Export-Import Bank (Afreximbank) has launched the African Trade and Distribution Company (ATDC) as part of fresh efforts to grow trade in raw materials, minerals and value-added goods across …
Petroleum retailers in Rivers State have expressed disappointment that the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Mr Bayo Ojulari, failed to visit the Port Harcourt …
Barely two days after increasing the pump price of Premium Motor Spirit (PMS), the Nigerian National Petroleum Company Limited (NNPC Ltd.) has again slashed the price at its retail stations, …
The Group Chief Executive Officer of Nigerian National Petroleum Company Limited (NNPC), Mr. Bayo Ojulari, has dismissed recent rumours about his resignation, saying he remains focused on attracting more investment …
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has revealed that many oil companies in Nigeria opposed the Federal Government’s directive to supply crude oil to local refineries, including the Dangote …
Petroleum product marketers in Nigeria are expecting a possible drop in petrol pump prices this week, following a significant fall in international crude oil prices. This anticipated adjustment, according to …
The Movement for the Survival of the Ogoni People (MOSOP) has raised serious alarm over the alleged mismanagement of $300 million (about ₦480 billion) which was meant to improve infrastructure …
Nigeria must urgently invest $5.5 billion in decentralised oil terminals to unlock thousands of stranded marginal fields and push crude oil production to three million barrels per day (bpd), stakeholders …