PT Intim Perkasa Nigeria Limited, a subsidiary of PT Intim Perkasa, Indonesia, has shown interest in building a 10,000-barrel per day modular…
Category:
Oil and Gas
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Nigerian National Petroleum Corporation, NNPC, said it has repaid its N450 billion indebtedness to the Federal Government. NNPC, in its April 2017 Monthly…
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Oil on Tuesday marked its lowest finish since August, with prices sinking into bear-market territory as investors remained concerned that rising output…
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The Federal Government got a total payment of 539.578 million Yuan, about $81.329 million, from a Chinese oil firm, the China National…
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Nigerian National Petroleum Corporation, NNPC has said that vandalisation of crude oil pipeline dipped by 12.77 per cent, from 94 incidences in…
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Oil prices has dropped to six-week lows, under pressure from high global inventories and doubts about OPEC’s ability to implement agreed production…
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Fuel subsidy appeared to have returned, as the Nigerian National Petroleum Corporation, NNPC, said it recorded ‘under recovery’ of N49.86 billion between…
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Minister of State for Petroleum resources, Mr. Ibe Kachikwu said that the Federal Government has neither sold nor concession the country’s refineries to any individual…
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Oil prices incurred losses having hit one-month lows earlier in the day after unexpected surge in U.S. inventories and the return of…
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The Petroleum Products Pricing Regulatory Agency, PPPRA said Nigerians should ignore rumours of an impending hike in the price of Premium Motor…
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Nigeria’s refineries continued to perform woefully, with two of the refineries, Warri and Kaduna refineries, recording a combined operating deficit of N2.952…
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Organisation of Petroleum Exporting Countries (OPEC) and non-OPEC members are in the process of legalising their new found relationship, says OPEC Secretary-General,…
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Senate President , Dr. Abubakar Bukola Saraki, has said that the recommendation made by the Senate committee on Works will not lead…
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Senate Committee on works has proposed a five Naira petrol tax on every litter of petrol purchased in Nigeria. The committee has…
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Nigerian National Petroleum Corporation, NNPC, has said that it has entered into a partnership with the Bayelsa State Government to build a…