Crude oil was sold at $9 per barrel in April- NNPC
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has revealed that buyers were begged to purchase the Nigerian...
Senate Lauds NNPC on Gas Projects, others
By Ignatius Ushie
The Senate Committee on Gas has commended the Nigerian National Petroleum Corporation (NNPC) on the various gas development projects it has undertaken,...
Nigeria set to import petroleum products from Niger
Nigeria plans to resume the importation of petroleum products from a neighbouring country, Niger Republic.
The Ministry of Petroleum Resources announced in a statement that...
Nigeria’s LPG storage capacity has risen to 69,698MT- Sylva
The Minister of State for Petroleum Resources, Chief Timipre Sylva, has disclosed that the Liquefied Petroleum Gas storage capacity in the country has risen...
Nigerians to adjust to fuel price hike- Timipre Sylva
The Minister of State for Petroleum, Timipre Sylva, has declared that Nigerians would soon adjust to the hike in price of fuel.
Sylva also revealed...
FG to break monopoly in importation of petrol
The Federal Government plans to make the dollar accessible to oil marketers in order to make the importation of petrol into Nigeria competitive and...
NLC condemns fuel price hike, calls for state of emergency
The Nigeria Labour Congress (NLC) has condemned the fuel price hike from between N158 and N162 per litre to N168 and N170, noting that...
Sylva, Kyari shun budget defence with N’ Assembly
The Minister of State for Petroleum Resources, Timipre Sylva, and the Group Managing Director of the Nigerian National Petroleum Corporation, Mele Kyari, on Monday,...
THLD Group partners Innoson to Assemble Gas-powered Vehicles
Efforts to promote the autogas industry in Nigeria has received a boost as THLD Group, in association with Autogas Africa, has entered into a...
NNPC clarifies Increase in PMS Ex-Coastal, Ex-Depot Price
By Ignatius Ushie
The Nigerian National Petroleum Corporation (NNPC) has said it is aware of a document widely circulating in the media purporting an increase...