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Mele Kyari, Group Chief Executive Officer of the Nigerian National Petroleum Company (NNPC), has revealed plans for a major overhaul of the country’s petroleum products pipeline network during a recent address at the Society of…
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The Nigerian National Petroleum Company (NNPC) Limited has denied claims that it has reduced the pump prices of petrol and diesel. The NNPC spokesperson, Olufemi Soneye, in a statement, described the claims as false, asking…
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The Minister of Petroleum Resources (Oil), Heineken Lokpobiri has said the solution to Nigeria’s numerous challenges was in the petroleum sector which he noted, handles the highest percentage of forex transactions. Lokpobiri made…
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The Nigerian National Petroleum Company Ltd (NNPC) has recorded about 136 incidents of crude oil theft between the 16th and 22nd of March 2024. This was stated during the weekly show Energy and You aired on NTA where details of the…
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Oil prices settled lower on Tuesday as the market weighed the loss of Russian refinery capacity after recent Ukrainian attacks, with Brent crude losing 50 cents to trade at $86.25 a barrel, while the US West Texas Intermediate (WTI)…
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The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) held a meeting with crude oil producers and refinery owners in Nigeria to ensure full adherence to the Domestic Crude Oil Supply Obligation (DCSO) as outlined in the…
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…Sector To Surpass Production Target Lokpobiri Barring any unforeseen circumstances Nigerian Oil and gas sector shall witness investments to the tune of $5 billion, the Minister of State Petroleum Resources (Oil) Senator Heineken…
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By William Emmanuel Ukpoju The surge in costs of staple foodstuff such as rice, beef, beans, garri, and yam is putting a significant strain on consumers' wallets, prompting concerns about food affordability and accessibility, as…
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By William Emmanuel Ukpoju In a bid to revolutionize agricultural practices in Nigeria, the African Export-Import Bank (Afreximbank) has awarded a substantial $100,000 grant to the American University of Nigeria (AUN). The…
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By William Emmanuel Ukpoju The Nigeria Liquefied Natural Gas Limited (NLNG), a prominent organ in Nigeria's energy sector, has extended its call for expressions of interest in its IT Integrated Support and Services tendering…
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