The Federal Government has said that the existing trains of the Nigeria Liquefied Natural Gas company are witnessing insufficient gas supply, noting that this is why...
The House of Representatives’ Ad Hoc Committee on Recovery of Outstanding Debts Owed By Oil and Gas Companies has advanced drastic steps to recover a total...
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...
Seplat Energy Plc on February 25 announced an agreement to acquire the entire share capital of Mobil Producing Nigeria Unlimited (MPNU), a subsidiary of ExxonMobil. In...
Long queues that recently resurfaced at many petroleum stations in the country have been attributed to a batch of adulterated and contaminated petrol supplied by Nigerian...
With a whopping deficit of approximately N2 trillion out of its projected N2.511 trillion, the Nigerian National Petroleum Company (NNPC) Limited, was unable to remit roughly...
The Minister of Finance, Budget and Economic Planning, Hajia Zainab Ahmed, said in Abuja on Monday that the Federal Government had postponed the planned removal of...
A total of 350 pipeline points were vandalised from January to July this year, the latest data obtained from the Nigerian National Petroleum Company Limited have...
NNPC’s remittances to FAAC fall by N1.78trn as Petrol subsidy hits N1.16tn in 11 months Nigerian National Petroleum Company Limited’s (NNPC) contribution to the federation accounts...
The cost of Premium Motor Spirit (PMS), also known as petrol, imported into Nigeria from January to September this year surged by 55.56 per cent to...