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The Nigerian National Petroleum Corporation (NNPC), has revealed that a number of its partners are producing oil in Nigeria at $93 per barrel.Mele Kyari, the Group Managing Director of the state-owned corporation made the disclosure on…
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Billed to be the world’s biggest single-refinery train at 650,000 barrels per day capacity (bpd), the Dangote Petroleum Refinery could meet Nigeria’s, if not Africa’s refining need but would slug it out for market share with a new $20bn…
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*Oil prices continued dropping as investors and traders weighed on oversupply prospects, dollar strengthening, and refining margins On Tuesday, oil prices continued dropping as investors and traders weighed oversupply prospects,…
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Nigeria to comply with OPEC output cut quota by July The Nigerian National Petroleum Corporation (NNPC) has set a July deadline to end its crude sales discount regime. NNPC Group Managing Director, Mallam Mele Kyari, in an interview…
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The federal government yesterday commissioned the operation of Dukia Gold and Precious Metals Project (DGPMP) that would enable Nigeria to mine her gold reserves properly, trade responsibly and refine locally. The Vice President, Prof.…
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The Group Managing Director of Nigerian National Petroleum Corporation (NNPC), Mele Kyari, has stated that only proper fiscal framework can facilitate and accelerate new oil field licensing round bid in the country. Kyari said without…
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The Group Managing Director of Nigerian National Petroleum Corporation (NNPC), Mele Kyari, has warned oil companies, both indigenous and international, against padding crude oil cost production in other to remain competitive and also…
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Nigeria will cut production costs to $10 per barrel by the end of 2021, Nigerian National Petroleum Corp. (NNPC) managing director Mele Kyari has said. Costs have been too high for too long, the official said, pledging that costs would…
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Written by Zuwaira Yahaya Hashim Health authorities have recently been considering the interaction between coronavirus and sickle cell anaemia. Recall, sickle cell is one of Nigeria’s leading childhood killer diseases with grave…
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Roger Federer has announced he will not play tennis again this year after undergoing further surgery on his right knee. The 20-time grand slam champion had been recovering from surgery he underwent in February but suffered a…
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