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...
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...