The Nigerian National Petroleum Company (NNPC) Limited has described total removal of fuel subsidy as announced by the President Bola Tinubu, Nigeria’s new president, as a...
As Production Drops to 1.25 Million Barrels Per Day Average oil production in Nigeria has reduced to 1.25 million barrels per day, latest data obtained from...
By Umar Suleiman The Nigerian National Petroleum Company Limited and Addax Petroleum Company signed an asset transfer agreement on Tuesday to bring an end to the...
Lists benefits for economy, shareholders Apparently worried by unending inquiries by its happy investors and stakeholders who barely a week ago welcomed its share deal...
Mele Kyari, the Group Managing Director of NNPC has said there is provision in the Petroleum Industry Act (PIA) that gives room for individuals to acquire...
Minister says petrol should sell above N280/litre The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has said the...
Nigeria’s oil production value surged to $2.7 billion as output hit 2.49 million barrels per day at the peak of COVID-19 in April, 2020. The last...
The Nigeria National Petroleum Corporation (NNPC) says the country’s oil revenue target declined by N1.06 trillion due to COVID-19 and low crude oil price. Nigeria loses...
The liabilities of the Nigerian National Petroleum Corporation (NNPC) Group has exceeded the assets of the oil firm by N4.4 trillion in 2019, the just released...
The Group Managing Director of the Nigerian National Petroleum Corporation, Mallam Mele Kyari, has said there is a need for Nigeria to act fast and address...
