Nigeria lost N221.64bn in July to oil production stoppages – NNPC
A total of 7,193,520 barrels of crude oil was lost in July this year due…
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Petrol landing cost now N278, says MOMAN, crude reaches $80
The Major Oil Marketers Association has said that the landing cost of petrol has risen…
NNPC Struggles to Remit N349.2bn of Projected N1.465trn to FAAC in Seven Months
Out of a possible N1.46 trillion the Nigerian National Petroleum Corporation (NNPC) budgeted as revenue…
Crude oil hits $77 amid supply constraints
The price of the international crude oil benchmark, Brent, rose on Thursday amid supply constraints…
NNPC: Global Gas Crisis May Push Oil Prices $10 Higher in Three Months
The Nigerian National Petroleum Corporation (NNPC) yesterday said the global natural gas crisis, which has…
DPR Shuts 11 Illegal Gas Plants, Petrol Stations in Abuja
The Department of Petroleum Resources (DPR) has sealed 11 illegal gas plants as well as…
High oil prices to linger say BoA, Chevron
The Bank of America has stated that the price of the international crude oil benchmark,…
Dangote refinery partners NCDMB on oil sector research, development
Dangote Refinery has announced a partnership with the Nigerian Content Development and Monitoring Board on…
NNPC denies using federation account to achieve first profit
The Nigerian National Petroleum Corporation has said it did not tamper with the federation account…
Kyari attributes rising cooking gas price to undersupply
The Group Managing Director of the Nigerian National Petroleum Corporation, Mele Kyari, has assured Nigerians…