President Muhammadu Buhari has signed an executive order aimed at boosting the domestic production of goods and creating jobs in science, technology and engineering in the...
Oil prices on Monday extended declines from the end of last week amid a wider market sell off and a stronger dollar, with Brent crude falling...
Road Transport Employers Association of Nigeria (RTEAN), has urged the Federal Government to stop controlling the distribution of petrol and ensure end to products scarcity in...
Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Dr Maikanti Baru, said its subsidiary companies would partner with the private sector to build more pipelines...
Edo State Governor, Mr. Godwin Obaseki, has made a case for the re-opening of the Benin Depot, managed by the Pipelines and Products Marketing Company (PPMC), a subsidiary of...
Executive Secretary of Major Oil Marketers Association of Nigeria (MOMAN) Mr Obafemi Olawore, has stressed the need for federal government to consider total deregulation of downstream...
The Independent Petroleum Marketers Association of Nigeria (IPMAN) will soon begin work on its proposed $3 billion (N1.08 trillion) refineries in two states in the federation....
The Nigerian National Petroleum Corporation (NNPC) said in Abuja that the federal government was indebted to the corporation to the tune of N170.6 billion as outstanding...
The Kaduna Refining and Petrochemical Company (KRPC) has shut down operations on Jan. 15, due to the non-availability of crude oil. The Executive Director, Services (EDS),...
Edo State Governor, Mr Godwin Obaseki, has pledged to provide all necessary support to Chinese consortium comprising Peiyang Chemical Equipment Company and Sinopec Oil and Gas...
The Edo State Government has intensified efforts to ensure that petroleum products are sold at the regulated pump price of N145 per litre, following steady supply...
Income accruing to the country from rising oil prices in the international market will be spent on infrastructural development, President Muhammadu Buhari has pledged. Receiving a...
Oil prices hit their highest since December, 2014, pushed up after U.S. crude inventories posted a 10th straight week of declines and as the dollar continued...
The Nigerian National Petroleum Corporation, NNPC, Total Upstream Nigeria Limited, TUPNI and its partners said they have taken delivery of Egina Floating, Production, Storage and Offloading...
The Nigerian National Petroleum Corporation (NNPC) earned $239.10 million from the export of crude oil and gas in November, 2017. The sales record was released in...