News

The Nigerian National Petroleum Corporation’s, NNPC, downstream subsidiary, the Petroleum Products Marketing Company, PPMC, earned N222.929 billion from the sale of petroleum products in the country in January 2019. According to data…
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The Nigerian National Petroleum Corporation has said with the 3,500 million standard cubic feet per day of additional gas to be supplied from seven critical gas development projects, the nation’s economy can create up to seven million jobs…
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The Nigerian National Petroleum Corporation has discovered the illegal recycling of loading tickets used by petrol transportation trucks at depots operated by the Pipelines Products Marketing Company, a subsidiary of NNPC. It was also…
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Time appears to be running out fast on the carefully calculated hype surrounding the cleanup of the polluted Ogoni environment by the severe activities of the international oil companies, IOCs, principally orchestrated by the Shell…
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The immediate past minister of State for Petroleum Resources, Dr. Emmanuel Ibe Kachikwu, has said he learnt the dignity of silence and trust in the capacity of others from President Muhammadu Buhari while he served in his cabinet as a…
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Nigerian National Petroleum Corporation, NNPC, is set to invite tenders for the sale and purchase of Nigerian crude oil grades, a competent source has said. The source told the News Agency of Nigeria in Abuja on Thursday that the…
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Savannah Petroleum, the British independent oil & gas company focused around activities in Niger and Nigeria, has provided a corporate and operational update as well as an update on the Seven Energy Transaction. Seven Energy…
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There are strong indications that Nigeria is moving in the direction to cut the level of sulphur allowed in imported fuels this year. The cap is reportedly still 10 times above what health campaigners urge. In oil-for-product…
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BudgIT has called on President Buhari to privatize all government-owned refineries while also fully deregulate the petroleum downstream sector. According to the findings of our new policy brief “Inside Nigeria’s Local Refineries”…
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Deployment of specialised security tools and manpower on the Nigerian maritime domain for safe and secure waters will begin in June, to be completed by first quarter of 2020, immediate past Minister of Transportation, Mr. Chibuike Amaechi,…
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