Nigerian Gas Processing and Transportation Company Limited, NGPTC, one of the subsidiaries of the Nigerian National Petroleum Corporation, NNPC, has announced a 16.8 increase in its...
The Nigerian National Petroleum Corporation, NNPC, yesterday, said it as resumed loading of petroleum products from Oyo State, with the recommissioning of its depot in Ibadan. The...
Centre for Social Justice, CSJ has called on President Muhammadu Buhari and the Economic and Financial Crimes Commission to immediately suspend the Group Managing Director of...
The Minister of State for Petroleum Resources, Mr. Ibe Kachikwu, has called for the cancellation of the recent appointments in the NNPC. In a letter...
The Director General of Nigerian Maritime Administration and Safety Agency (NIMASA) Dr Dakuku Peterside has expressed the Agency’s dissatisfaction with the judgment of the Federal High...
The age of persistently weak oil prices is nearing its end, with demand booming and a supply squeeze in the offing, according to Trafigura Group. The...
Britain’s Serious Fraud Office will charge two former executives of collapsed oil company Afren with alleged fraud over payments they received via secret companies relating...
The Nigerian Petroleum Development Company, NPDC, said it plans to grow its crude oil output to 300,000 barrels per day, bpd, by 2018, from its current...
The United States is set to announce a new set of sanctions against North Korea in a bid to curb its nuclear programme a white house...
At a time when oil is becoming less attractive in the global economy, Nigerian National Petroleum Corporation, NNPC said it has extended the search for crude...
Oil rose on signs the pace of U.S. stockpile gains is slowing as refiners resume operations after Hurricane Harvey, boosting crude demand. Futures climbed as much as...
Nigerian National Petroleum Corporation, NNPC in compliance with federal government directive that Nigeria will stop importing petroleum product by 2019 has inaugurated eight committees to work...
The Office of the Auditor-General of the Federation has queried the Ministry of Petroleum Resources for contract splitting, violation of procurement process and other malfeasance to...
Brent crude futures were up 11 cents at $54.31 a barrel, close to their highest since May 25, while U.S. West Texas Intermediate crude futures fell...
Nigerian National Petroleum Corporation NNPC, in collaboration with one of its Joint Venture partner ExxonMobil is making moves to lift Nigeria’s crude oil production. NNPC said it...