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The Nigerian National Petroleum Corporation (NNPC) says it has no plans of relocating its Gas Marketing Subsidiary, Nigerian Gas Marketing Company Limited (NGMC), from Warri to Abuja. This was contained in a statement issued by Ndu…
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Nigeria lost $849.5 million, about N259.947 billion to gas flaring as oil and gas firms operating in the country flared 154.4 million metric Standard Cubic Feet, SCF of gas, between January and April 2019, according to data obtained from…
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In order to address the shortfall in the supply of petrol, the Nigerian National Petroleum Corporation (NNPC) Thursday said it had resolved to add 215,000 barrels per day (bpd) refining capacity to its existing nameplate of 445,000 barrels…
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Chevron Nigeria Limited (CNL) on Thursday laid claims to the five oil wells that were gutted by fire in some communities in Ilaje Local Government Area of Ondo State. Reports had emerged early Thursday that five wells including,…
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This may sound strange! There are indications that Governor Nasir El-Rufai of Kaduna State may have been working on a political calculus to sacrifice the office of the governor for a return to the federal government in forthcoming…
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Maikanti Baru, Group Managing Director, Nigerian National Petroleum Corporation (NNPC), says that the Ajeokuta-Kaduna-Kano (AKK) gas pipeline project will be completed by 2022. Baru disclosed this while delivering a keynote address at…
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Nigeria plans to double oil production and triple its refining capacity within six years, reviving previous pledges that turned out to be too ambitious. The OPEC member is looking to pump 4 million barrels a day by 2025 and increase…
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The Nigerian National Petroleum Corporation (NNPC) is to open a liquefied petroleum gas (LPG) storage and dispensing facility in Benin City, Edo State. The facility, developed in partnership with its upstream exploration and production…
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Despite the current 445,000 barrels per day (bpd) capacity of the country’s refineries and Dangote’s 650,000 bpd refinery expected by 2020, Nigeria will still have a shortfall of 427,000 bpd, equivalent of 20 million litres of Premium…
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The Kaduna State Government has imposed a 24-hour curfew on Kajuru Local Government Area. This follows reports of fresh violence in parts of the local government, Details of the violence are still sketchy, but the state government…
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