The Director-General, Bureau of Public Enterprises (BPE), Mr Benjamin Dikki, said the non-passage of the Petroleum Industrial Bill (PIB) had hindered investors from showing interest in...
Twenty-seven ships laden with petroleum products, food items and other goods are expected to arrive Apapa and Tin-Can Island ports in Lagos from Nov. 30 to...
The Federal Government approved the immediate payment of N413 billion to oil marketers as outstanding payment for subsidy claims. This is contained in a statement on...
The Chairman, Egbin Power Station, Mr Kola Adesina, on Monday said that the plant in Lagos was facing serious challenges following the N39 billion debt owed...
The Nigerian National Corporation (NNPC), says it has 26 crude oil grades to offer for sale to companies that would eventually win the bidding contracts for...
The Nigerian National Petroleum Corporation, NNPC, yesterday, stated that 278 companies are vying to secure the contract for the trading of about 950,000 barrels per day...
Oil marketers have commenced lifting petrol at Ejigbo depot in Lagos and Mosinmi depot in Ogun State with as many as over 4,000 trucks on the...
ExxonMobil Corporation on Wednesday announced the pumping of first oil by its subsidiary, Esso Exploration and Production Nigeria Limited, ahead of schedule at the Erha North...
The Nigerian National Petroleum Corporation (NNPC) Wednesday confirmed the cancellation of crude oil swap contracts as well as Offshore Processing Contracts (OPA), which the corporation entered...
Group Managing Director, Nigerian National Petroleum Corporation (NNPC) Dr Emmanuel Kachikwu, on Thursday, canvassed for speedy deregulation of the nation’s oil and gas industry. Kachikwu made...
The Emir of Kano, Malam Muhammadu Sanusi II, on Thursday said that stopping oil subsidy would go a long way in stopping corruption in the country....
The crash in the global price of crude oil has impacted negatively on the performance of the oil and gas sector in the nation’s capital market...
The Management of the Nigerian National Petroleum Corporation (NNPC) has appointed four new Group Executive Directors to man the four new directorates that have been approved...
The Federal Government has appointed Mr Mordecai Danteni Ladan, to oversee the activities of the Department of Petroleum Resources (DPR), a statement posted on the website...
Depot owners and Petroleum Products Marketers Association (DAPPMA) on Wednesday expressed worries over what they called outstanding N291 billion subsidy claims to marketers. Mr Olufemi Adewole,...