Industry

"These oil bunkers, wait until it is dark at night and begin to cook or refine Crude oil, after it has been stolen from its source or pipelines" In Rivers State, there have been series of reports on fire outbreaks lately. In a space…
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Nigeria’s oil rig count has decreased by 38 percent to 80 in the first 11 months of 2021, from 129, recorded in the corresponding period of 2020. This is according to latest report from the Organisation of Petroleum Exporting…
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...To ensure that there was value for money in the execution of the project The Nigerian National Petroleum Company (NNPC) Limited, started the week on a good note with the Chairman, House of Representatives Committee on Petroleum,…
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How to set up a gas infrastructure across Africa to create an energy transition bridge fuel is a popular topic of discussion. But, conversations sometimes forget that virtual gas pipelines already exist. Various gas companies in…
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By YANGE IKYAA The Nigerian National Petroleum Company (NNPC) Limited has expressed its appreciation to Nigerians for always heeding its advise not to engage in panic buying of premium motor spirit (PMS), popularly known as petrol…
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By YANGE IKYAA Refinery margins in all main trading hubs weakened in November, as the performance of all product across the barrel in all regions lost ground m-o-m with the exception of Naphtha in Asia. According to the OPEC…
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By YANGE IKYAA The Nigerian National Petroleum Company (NNPC) Limited has announced a huge leap in trading surplus of ₦141.96 billion recorded in June 2021, as compared to a deficit of ₦37.46Billion in May 2021. This is contained…
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The recent global gathering of political and business leaders in the Scottish city of Glasgow, who were then joined by a legion of environmental scientists and activists to discuss our planet’s sustainable future, ended up becoming…
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The recently actualized Petroleum Industry Act (PIA) in Nigeria has been applauded both locally and internationally as a huge economic catalyst, not just for the federation or oil asset operating companies, but also for host…
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The Group Managing Director of the Nigerian National Petroleum Company Ltd, Mallam Mele Kyari has said that with some of the initiatives being implemented by the Corporation, Nigeria will become a net exporter of petroleum products by…
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