Nigeria is targeting oil production of 1.8 million barrels per day by early next year but that will be the ceiling…
Category:
Oil and Gas
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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…
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Vice President Yemi Osinbajo has said that the approvals he granted to the NNPC while he was Acting President were for financing…
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There are strong indication that there may be oil deposit in Yobe. The Nigerian National Petroleum Corporation, NNPC, hinted of a possible…
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The Nigerian National Petroleum Corporation, NNPC has said it had engaged investors to establish a refinery in Akwa Ibom State. Speaking at…
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Minister of State for Petroleum Resources Mr. Ibe Kachikwu has called for a whittling down of the powers of the Minister…
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Nigerian National Petroleum Corporation has said that the allegations levelled against it by the oil minister that the conduct of its group…