Oil and Gas
NNPC, Indorama plan $7bn investment for petrochemical sector
Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari has said that the company is...
Petrol consumption drops by 30% – NNPC
Data from the Nigerian National Petroleum Company Limited (NNPCL) shows that the nation’s fuel consumption has dropped by 30 percent since the removal of petrol...
Nigeria still losing 400,000 barrels of crude oil daily – NSA
The National Security Adviser, Malam Nuhu Ribadu, says the country is still losing 400,000 barrels of crude oil daily to...
PH Refinery resumes production by December – Lokpobiri
Minister of State, Petroleum Resources, Heineken Lokpobiri, said the Port Harcourt Refinery would resume production by December with a target...
Petrol price grew 215% in one year -NBS
The National Bureau of Statistics (NBS) has said the price of petrol rose by 215.95 per cent in one year....
Nigeria’s petrol consumption drops by 12m litres in July – NMDPRA
Nigeria's average daily consumption of Premium Motor Spirit (PMS) has dropped by over 12 million litres in the month of...
Female engineers to Tinubu: Allow us fix moribund refineries
The Association of Professional Women Engineers of Nigeria (APWEN), on Saturday, appealed to President Bola Tinubu to give female engineers...
Iran to provide infrastructure for Nigeria’s oil, gas dev’t – Ambassador
The Iranian Government has expressed its readiness to collaborate in developing Nigeria’s oil and gas downstream division. The Iranian Ambassador...
Nigeria earned $741.48bn from oil and gas in 21 years – NEITI
The Nigerian Extractives Industries Transparency Initiative (NEITI) has said Nigeria earned $741.48 billion from the oil and gas sector between...
Naira: NNPC secures $3bn emergency crude repayment loan from Afreximbank
The Nigerian National Petroleum Company Limited (NNPC Ltd) and Afreximbank have jointly signed a commitment letter and term sheet for...