Nigerian National Petroleum Company Limited (NNPCL) has informed the Federal Account Allocation Committee (FAAC) of an outstanding of N4.56 trillion for selling petrol at a subsidised...
The Nigerian National Petroleum Company Limited (NNPCL) has transferred all its retained assets to OVH Energy Marketing Limited, the operator of Oando Petroleum and a company...
Nigerian Navy, NNS, Pathfinder, has said that it discovered an illegal crude oil refining site with the capacity to produce 2 million litres of AGO daily....
The Nigerian National Petroleum Corporation Ltd. has blamed the fuel scarcity that has led to long queues in filling stations nationwide due to recent rains, lightning,...
Ijaw Youth Council IYC has given a second day ultimatum to ExxonMobil to begin a thorough clean up of Ibeno community in Akwa Ibom state and...
Ghanaian President Nana Akufo-Addo has broken ground on the construction of a 300,000 barrel-per-day oil refinery that the government hopes will turn the West African country...
NNPC has posted has declared N3.3 trillion in profit for the 2023 financial year. Chief financial officer of NNPC Ltd., Umar Ajiya, who addressed journalists on...
The Nigeria Liquefied Natural Gas (NLNG) has inaugurated a 10,000 tonnes per annum galvanising plant for its Train 7 project in Rivers. The NLNG’s spokesperson, Sophia...
Governor Douye Diri of Bayelsa State, has taken his campaign for environmental justice for oil-ravaged communities in his state and the Niger Delta region to the...
Crude oil prices fell by more than $2 on Friday and were on track for a weekly decline, with Brent slipping below $80 a barrel after...
Nigerian army troops have destroyed at least 27 illicit refining sites and seized stolen crude oil following raids this week on illegal oil bunkering sites in...
In an exclusive interview with Energy Capital & Power, Anibor Kragha, Executive Secretary of the African Refiners and Distributors Association, discusses the Association’s efforts to harmonise...
Oil prices were up by more than $1 a barrel on Monday, rising for a fifth consecutive session on intensifying Middle East supply risks and fading...
The Nigerian Air Force (NAF) says airstrikes by the air component of Operation Delta Safe have destroyed 13 illegal refining sites. In a statement on Sunday,...
The Management of Dangote Petroleum Refinery has insisted that it is not yet getting enough crude required for the effective optimisation of its refinery from the...