Wednesday, October 30, 2024

NNPC commends military for oil sector security, seeks support for relaunch of activities in...

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The Group Managing Director, Nigerian National Petroleum Corporation - Mr Mele Kyari, has commended the country’s military for providing a secure environment for the...
Petrol imports surge by 15.2% in Q2 - NBS

5.61Bn litres of Petrol imported in Q2, 2019 – NBS

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The National Bureau of Statistics (NBS), has disclosed that 5.61 billion litres of Premium Motor Spirit (PMS), commonly referred to as petrol was imported...

DPR seals 53 filling stations and four gas plants in Kaduna

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The Department for Petroleum Resources (DPR), revealed that it has sealed 53 filling stations and four Gas plants in Kaduna state, for non-compliance to...
No crude oil refined in refineries with N142.07bn operating cost- NNPC

Oriental Energy confirms oil discovery in offshore Ebok field

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Oriental Energy Resources Limited, OERL, who is a leading marginal field operator in Nigeria has confirmed oil discovery in two deep prospects that were...

Chevron recalls sacked NUPENG members after intervention by NNPC

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The National Secretary of Nigeria Union of Petroleum and Natural Gas Workers, Afolabi Olawale, disclosed that Chevron Nigeria Limited had recalled sacked members of...
Discos revenue collection hit N127bn in first three months

Power transmission frail despite TCN $1.63Bn investment – Gencos

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The Association of Power Generation Companies has disclosed that the transmission of electricity across the country is still weak despite the interventions and claim...

NNPC decries increasing difficulty confronting oil projects, targets 3M BPD

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The Nigerian National Petroleum Corporation revealed that it had become increasingly difficult to make investment decisions in oil and gas projects in Nigeria. The Group...
Crude oil prices surge on U.S. high retail sales

Brent crude dips below $60 budget benchmark

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The international oil benchmark, Brent crude, continued its plunge on Monday, trading below Nigeria’s $60 per barrel budget benchmark. Brent, against which Nigerian crude oil...

NNPC GMD promises to deal with refining challenges

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The Group Managing Director of NNPC - Malam Mele Kyari said that it is a shame that Nigeria remained a net importer of petroleum...

NNPC explains the increase in cost of kerosene

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The Nigerian National Petroleum Corporation (NNPC) has credited the increase in the price of household kerosene in the country to the influence of demand...