Nigeria is targeting oil production of 1.8 million barrels per day by early next year but that will be the ceiling to comply with OPEC...
Oando has taken the Nigerian Stock Exchange and Securities and Exchange Commission to court and has secured an injunction to stop the suspension placed on trading...
Oil prices have risen over supply concerns in the Middle East and as the U.S. market showed further signs of tightening while demand in Asia keeps...
The Nigerian Maritime Administration and Safety Agency (NIMASA), has appealed the judgment of the Federal High Court Lagos in the matter between Nigeria Liquefied Natural Gas...
OPEC Secretary-General Mohammad Barkindo said the outlook for crude market is balancing at an “accelerated pace” and that demand will continue to rapidly grow in the...
The Federal Government has mandated the Nigerian National Petroleum Corporation (NNPC) to pursue an aggressive gas development programme to stimulate economic growth in the country. The NNPC in...
The Nigerian National Petroleum Corporation, NNPC it is making plans to stock about two billion litres of petroleum products to ensure adequate supply during Christmas and...
The Nigerian National Petroleum Corporation, NNPC, newly constructed mega retail station along the Lagos-Ibadan Expressway has opened for business. Group Managing Director NNPC Mr. Maikanti Baru,...
The Presidency has said that claims on social and traditional media that $25BN worth of oil contracts were awarded by the NNPC or that $25 billion...
Minister of State for Petroleum Resources, Ibe Kachikwu, says President Muhammadu Buhari has urged him to work together with the Group Managing Director, GMD, of the...
Vice President Yemi Osinbajo has said that the approvals he granted to the NNPC while he was Acting President were for financing arrangements for the Joint...
There are strong indication that there may be oil deposit in Yobe. The Nigerian National Petroleum Corporation, NNPC, hinted of a possible discovery of crude oil...
The Nigerian National Petroleum Corporation, NNPC has said it had engaged investors to establish a refinery in Akwa Ibom State. Speaking at the Petroleum and Natural...
Minister of State for Petroleum Resources Mr. Ibe Kachikwu has called for a whittling down of the powers of the Minister of Petroleum Resources, in...
Nigerian National Petroleum Corporation has said that the allegations levelled against it by the oil minister that the conduct of its group managing director lacked transparency...