Oil and Gas
Why NNPC remitted zero allocation to Federation Account in 2022 – Official
The Nigerian National Petroleum Company (NNPC) Limited has blamed its inability to remit any funds to the Federation Account in...
Dangote refinery: NNPC pledges 35,000bpd of crude to repay $1.036 billion loan
The Nigerian National Petroleum Company (NNPC) Ltd has pledged 35,000 barrels of crude oil per day (bpd) as repayment for...
Transparency: EITI rates NNPC high in compliance
Global transparency body, Extractive Industries Transparency Initiative (EITI), has scored the Nigerian National Petroleum Company Limited (NNPC Ltd) very high...
NNPC records N8.8 trillion revenue in 2022
The Nigerian National Petroleum Company Ltd. (NNPC Ltd.) says its revenue increased to N.81 trillion in 2022. The NNPC Ltd....
FG, Morocco move to fast track gas pipeline project
The Federal Government has intensified discussions with Morocco in a bid to fast-track the process of achieving the Final Investment...
FG targets 100,000 jobs from NesGas depot
The federal government says it has a target to create 100,000 jobs from the 50,000 metric tonnes Liquefied Petroleum Gas...
IPMAN blames high cost of petrol, others on 600% tariff increase
The Independent Petroleum Marketers Association of Nigeria (lPMAN) has attributed the high cost of petroleum products in the country to...
Price of cooking gas rose by 12.31% in 2023 – NBS
The average retail cost for a 12.5kg cylinder of Liquefied Petroleum Gas (Cooking Gas) recorded a year-on-year rise of 12.31%,...
Dangote Refinery begins registration of distributors
The management of Dangote Petroleum Refinery has commenced registration of distributors for its products, a statement by the outfit said...
Nigeria’s crude oil production rises to 1.335mbpd in December – OPEC
The Organisation of Petroleum Exporting Countries (OPEC) says Nigeria’s average daily crude oil production increased to 1.335 million barrels per...