The Department of Petroleum Resources (DPR) says it will continue to use its regulatory instruments to enhance revenue collection for the Federal Government. DPR’s Director, Mr Sarki...
The Petroleum Products Pricing Regulatory Agency (PPPRA) says the Federal Government has spent a total of N8.94 trillion on oil subsidy between 2006 and 2015. The...
The Contract Transparency Network (CONTRANET) a civil society network, has urged the Nigerian National Petroleum Corporation (NNPC) to champion the implementation of contract transparency in the...
The Director General of the Infrastructure Concession Regulatory Commission (ICRC), Engr. Chidi Izurah, has commended the leadership of the Nigerian National Petroleum Corporation (NNPC) for totally...
The Defence Headquarters says military has intensified its aggressive fight against crude oil theft, pipeline vandalism, bunkering, economic saboteurs and other criminal activities in the country....
Oil prices rose for a fourth day in a row on Friday, putting crude on track for a weekly gain of about 10 per cent, after...
The Nigerian National Petroleum Corporation (NNPC) has recorded an increased trading surplus of ₦20.36billion in July 2020 compared to the ₦2.12billion surplus in June 2020 in...
Nigerian state oil company NNPC has extended for six months its contracts with private companies to swap crude oil for fuels, two sources familiar with the...
India’s oil imports from Africa jumped to their highest in 10 months in August as refiners switched out more expensive crude from the Middle East, shipping...
The Litigation Team of the Nigerian National Petroleum Corporation (NNPC) has won the Leading Case Counsel Team of the 2020 Africa Arbitration Awards. A press release...
The International Energy Agency (IEA) trimmed its 2020 oil demand forecast on Tuesday, citing caution about the pace of economic recovery from the pandemic. The Paris-based...
Crude oil prices rose to higher levels following a tropical storm in the Gulf of Mexico which prompted drillers to evacuate rigs and shut-in production. As...
Nigerian National Petroleum Corporation (NNPC)says it will soon begin activation of Compressed Natural Gas (CNG) refill stations for motorists across the country. The corporation said this...
Nigeria is holding talks to give up majority stakes in all four of its moribund oil refineries, Mele Kyari, head of the state oil firm NNPC...
The Federal Government has explained its decision to fully remove subsidy from petrol, saying the country stands to rake in over ₦1 trillion annually which would...