Apapa jetty fire incident will not affect supply of petroleum products – NNPC

The Nigerian National Petroleum Corporation, NNPC, has assured motorists and other consumers of petroleum products nationwide that the fire incident which occurred at Apapa...

Danish firm, NNPC to invest in joint gas processing company

The Danish Government will guarantee a 10 per cent equity financing of a Joint Venture Company involving the Nigerian National Petroleum Corporation (NNPC) and...

Nigeria requires $16.5bn to achieve 40bn barrels oil reserves target – NNPC official

The Chief Operating Officer, Gas and Power, Nigerian National Petroleum Corporation (NNPC), Saidu Mohammed, has said that to achieve the set target of 40...

Sulphurous fuels flow to Nigeria, others as they defer tougher rules

Nigeria and several other West African states are not expected to implement rules banning imports of sulphur-heavy fuels until Dec. 1 at the earliest...

NNPC inaugurates 8 c’ttees for rehabilitation of refineries to meet 2019 target

In line with the Presidential mandate of rehabilitating the nation’s three refineries, the Nigerian National Petroleum Corporation has inaugurated eight committees charged with returning...

Ex-depot price of petrol remains stable despite fall in pump price

Despite the slight reduction in the pump price of petrol by some oil marketers and the Nigerian National Petroleum Corporation (NNPC) in many retail...

Shoreline Energy signs deal with Shell to supply gas to Lagos environs

Nigerian energy company Shoreline has signed a $300 million agreement with the local unit of Shell to develop gas infrastructure around the commercial capital,...

FG projects $10.38bn earnings from LPG in 2018

The Federal Ministry of Petroleum Resources has estimated that $10.38 billion can be generated by 2018, if 50% of the current kerosene and firewood...

NNPC begins massive stockpiling of PMS to sustain price crash

A daily record of operations of the Nigerian National Petroleum Corporation (NNPC) has disclosed the corporation’s plans to sustain the petrol pump price crash...

Baker Hughes/GE merger to lower cost of oil, petroleum product production in Nigeria

The Chief Executive Officer, sub-Saharan Africa, Bakers Hughes, a GE Company (BHGE), Mr. Ado Oseragbaje has stated that the merger of Bakers Hughes and...

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