Fifty-nine years after its crude oil hits the market, Oloibiri Oil Well in Ogbia in Bayelsa, has been transformed to a tourist…
Oil and Gas
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The Nigerian National Petroleum Corporation (NNPC) says it will grow the nation’s revenue with the flag off of marine seismic data acquisition…
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Participants at the oil and trading logistics OTL Expo holding in Lagos have said the federal government to remove its cap on…
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EconomyNewsOil and Gas
Think out of the box way to fast track economic diversification, Baru charges engineers
Group Managing Director of the Nigerian National Petroleum Corporation, Mr. Maikanti Baru, has charged engineering practitioners in the country to think out…
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Petroleum Products Marketing Company PPMC, a subsidiary of Nigerian National Petroleum Corporation (NNPC) said said it distributed and sold 950.67 million litres…
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Nigeria is targeting oil production of 1.8 million barrels per day by early next year but that will be the ceiling…
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Oando has taken the Nigerian Stock Exchange and Securities and Exchange Commission to court and has secured an injunction to stop the…
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Oil prices have risen over supply concerns in the Middle East and as the U.S. market showed further signs of tightening while…
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The Nigerian Maritime Administration and Safety Agency (NIMASA), has appealed the judgment of the Federal High Court Lagos in the matter between…
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OPEC Secretary-General Mohammad Barkindo said the outlook for crude market is balancing at an “accelerated pace” and that demand will continue to…
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The Federal Government has mandated the Nigerian National Petroleum Corporation (NNPC) to pursue an aggressive gas development programme to stimulate economic growth in…
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The Nigerian National Petroleum Corporation, NNPC it is making plans to stock about two billion litres of petroleum products to ensure adequate…
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The Nigerian National Petroleum Corporation, NNPC, newly constructed mega retail station along the Lagos-Ibadan Expressway has opened for business. Group Managing Director…
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The Presidency has said that claims on social and traditional media that $25BN worth of oil contracts were awarded by the NNPC…
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Minister of State for Petroleum Resources, Ibe Kachikwu, says President Muhammadu Buhari has urged him to work together with the Group Managing…