Petroleum Products Pricing Regulatory Agency PPPRA has disclosed that it would undertake the review of Premium Motor Spirit (PMS) also known as petrol, in the month...
The Nigeria National Petroleum Corporation (NNPC) has opened bids for the co-location of refineries. This is contained in a statement signed by Mr Garba Deen Muhammad,...
The Revenue Mobilization Allocation and Fiscal Commission, yesterday, disagreed with the Auditor-General of the Federation , Mr. Samuel Orkura over the the alleged N4.9 trillion which...
Oil prices rose on Wednesday following announcement that producers will meet next month in Qatar to discuss a proposal to freeze output as U.S. crude production...
Nigeria National Petroleum Corporation NNPC, on Wednesday said a report credited to the Auditor-General which alleged that it had failed to remit N3.2 trillion in revenues...
The Federal Government said it has put machinery in motion to increase Nigeria’s crude oil production by 30 per cent to 2.8 million barrels (mb) of...
The Nigerian Electricity Regulatory Commission (NERC) has said that power supply through the national grid which peaked to 5000mw in past two weeks had dropped below...
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...