Oil and Gas
We have enough petrol on ground – IPMAN
The Independent Petroleum Marketers Association of Nigeria (IPMAN), on Thursday said the Nigerian National Petroleum Company Limited (NNPC)/Pipelines and Product...
Oil theft has significantly reduced in Niger Delta -Kyari
The Nigerian National Petroleum Company Limited (NNPC Ltd), says the cooperation with Nigerian security has significantly reduced the scale of...
NLNG declares force majeure over flood disruptions in gas supply
The Nigeria Liquefied Natural Gas (NLNG) Limited, has declared a force majeure on its 22.2 million ton per year Bonny...
Dwindling crude output: NNPC to owe importers for 3 months
The Nigeria National Petroleum Company (NNPC) Ltd has said payment to fuel importers would be deferred for three months. The...
IOC divestments: Expert tasks Africa on participation in upstream investment
An oil and gas expert, Ms Funmi Ogbue, has advised African countries to encourage more participants to invest in the...
Fuel queues: We have enough supply in stock – NNPC
The Nigerian National Petroleum Company Limited (NNPC Ltd) has informed the public that it has sufficient stock of petroleum products...
OPEC+ to cut oil output by 2mbpd November
OPEC and its Russia-led allies agreed on a major cut in oil production on Wednesday, a move to prop up...
Abuja petrol queues: IPMAN warns against panic buying
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has cautioned Abuja residents to desist from panic buying of fuel as...
NNPC grows profit to N674bn in 2021
The Nigerian National Petroleum Company Limited grew its profit after tax from N287bn in 2020 to N674bn in 2021. This...
NNPC acquires 380 Oando stations
The Nigerian National Petroleum Company Limited (NNPCL) has taken over 380 retail outlets belonging to Oando (OVH Energy). This was...