Oil and Gas
Nigeria’s biggest modular refinery begins operation
Nigeria’s biggest modular refinery has been inaugurated by President Mohammadu Buhari. The President conducting a virtual inauguration of the facility said the…
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Oil and Gas
Oil and Gas
PIB passes 2nd reading in the House of Reps
A Bill for an Act to provide for legal, governance, regulatory and fiscal framework for the Nigeria Petroleum Industry, development of host…
Oil and Gas
Senate lauds NNPC on gas projects, financial audit report
The Senate Committee on Gas has commended the Nigerian National Petroleum Corporation (NNPC) on the various gas development projects it has undertaken,…
Oil and Gas
PPMC set new depot petrol price at N168
Petroleum Price Marketing Company (PPMC), a subsidiary of the Nigerian National Petroleum Corporation, raised the ex-depot price of petrol, to N155.17 per…
Oil and Gas
CEOs of Govt agencies admonished on building strong institution for sustainability
Chief Executives of Government Agencies in Nigeria have been admonished to work towards building strong institutional frameworks to promote rapid economic growth…
Oil and Gas
Nigeria case against JP Morgan over OPL 245 oil deal to go to trial
A lawsuit launched by the Nigerian government against U.S. bank JP Morgan Chase, claiming over $1.7 billion for its role in a…
Oil and Gas
PENGASSAN strike: NNPC says no need for panic buying, over 2.9bn petrol litres available for yuletide
The Nigerian National Petroleum Corporation (NNPC) on Tuesday dismissed mounting insinuation of possible scarcity of petroleum products following ongoing disagreement between the…
Oil and Gas
NNPC boosts power generation by 2,538MW in August, posts $139.50m crude oil & gas export sales
Nigerian National Petroleum Corporation (NNPC) has said that it supplied 727 Million Standard Cubic Feet per day (mmscfd) of natural gas for…
Oil and Gas
Explosion rocks NNPC OML 40 facility managed by Elcrest
The Nigerian Petroleum Development Company (NPDC), an upstream subsidiary of the Nigerian National Petroleum Corporation, has reported an explosion at a production…
Oil and Gas
EITI commends NNPC on publication of 2019 audited account, Kyari to speak at its virtual meeting
The Extractive Industries Transparency Initiatives (EITI), a multi-stakeholder coalition that promotes extractives transparency and accountability in over 50 countries, has commended the…
Oil and Gas
DPR bans cylinder to cylinder gas refilling – Official
The Department of Petroleum Resources (DPR) has warned Liquefied Petroleum Gas (LPG) retail outlets against cylinder to cylinder gas refilling and decanting…
Oil and Gas
We’ve not mandated any negotiator with Oil companies Ogoni youth warns
Host communities in Ogoniland oil producing area, Rivers state have warned anxious oil companies bidding to resume oil production in the area…
Oil and Gas
New PIB proposes gas infrastructure fund
The New Petroleum Industry Bill PIB, currently before the National Assembly has proposed the establishment of a Midstream Gas Infrastructure Fund for…
Oil and Gas
NNPC denies reports of bribe to NANS, funding of vote-buying in Ondo, considering legal redress
Nigerian National Petroleum Corporation has refuted reports in a section of the media alleging that it paid bribe to the National Association…
Oil and Gas
NNPC 2019 Audited account reduces loss by 99.7%, says ANOH Gas Projects to produce equivalent of 2.4GW of electricity
Barely five months after publishing its 2018 Audited Financial Statement, the Nigerian National Petroleum Corporation (NNPC) has released its 2019 Audited Financial…