The Nigerian National Petroleum Company Limited (NNPC Ltd) has announced plans to sell shares to the public as part of its transition into a fully commercial entity. This move is …
Depot owners in Nigeria have expressed dissatisfaction with the Federal Government’s Naira-for-Crude oil arrangement, highlighting challenges in the current policy. The initiative, which began in October 2024, allows local refineries, …
The State Security Service has issued a 48-hour ultimatum to the Nigerian National Petroleum Company Limited and fuel marketers to resolve the ongoing petroleum scarcity in the country. The secret police, …
Morocco’s National Office of Hydrocarbons and Mines (ONHYM) has signed five new Memorandums of Understanding (MoU) with several countries, which emphasized their unwavering support for the implementation of the Nigeria-Morocco …
The Nigerian government and fuel marketers have offered varying explanations for the ongoing fuel scarcity that has affected states across the country for weeks without reprieve. While the NNPC said …
The scarcity of the premium motor spirit, popularly called petrol, has continued to spread across many states, resurfacing in Abuja on Wednesday after disappearing briefly. It grew worse in Lagos, …
The Independent Petroleum Marketers Association of Nigeria, on Monday, threatened to withdraw its service over incessant increment on the price of the premium motor spirit in the Eastern part of …
The Nigeria-Morocco Gas Pipeline is set to receive a total investment of $25 billion next year, according to the head of the West African nation’s state oil company. Discussions for …
The Nigerian National Petroleum Company (NNPC)Limited on Tuesday said it has deactivated 395 illegal refineries in its efforts to curb oil theft in Nigeria. Mele Kyari, Group Managing Director, NNPCL, …
The Nigerian National Petroleum Company (NNPC) Limited on Tuesday declared a profit after tax of N674bn. The Group Chief Executive Officer of NNPC, Mele Kyari, in Abuja said the NNPC …