Tag
NNPC
The Federal Government has decided to continue with the shutdown of its 3 refineries, as part of the ongoing efforts to reposition them.
Nigeria has finally bowed to long-standing pressure to restructure the downstream segment of the Nigerian oil industry through the removal of fuel subsidy.
NEITI has announced that Nigeria earned a total of $32.63 billion from the oil and gas sector in 2018.
A monitored report suggests that Nigeria has reduced the official selling prices for its crude oil so as to clear an inventory of unsold April-loading cargoes.
The Nigerian National Petroleum Corporation (NNPC) on March 23, 2020, released its monthly operational and financial report for December 2019.
Mrs. Zainab Ahmed disclosed that the Federal Government has plans to reduce N1.5trn from the N10.59trn 2020 Appropriation Act.
IPMAN has advised residents to stop building houses and properties on pipelines Right of Way (RoW).
The Nigerian National Petroleum Corporation said Sunday's deadly explosion in FESTAC, Lagos, was caused by gas leakage.
The treaty between Russia and Saudi Arabia seems to have been thrown into the dustbin as the countries are strapping in for a prolonged oil-price conflict.
In light of the decline in global oil prices, Nigeria is yet to find buyers for 50 cargoes of crude oil.
Oil marketers in the country have outlined conditions that will facilitate their involvement in fuel importation.
Royal Dutch Shell Plc and Exxon Mobile Corp. have instituted legal actions against the NNPC in the United States of America.