Shell divestment transformed NPDC into a “major” oil company – Official

Kareem Folorunso, the Nigerian Petroleum Development Company (NPDC) Manager in charge of Oil Mining Lease (OML) 26, during a technical session of the Nigerian...

‎NSCDC deploys drones to curb pipeline vandalism

The Nigerian Security and Civil Defence Corps (NSCDC) has said it is deploying drones to halt the incessant cases of pipeline vandalism in the...

PPMC earns N132bn from petrol, kerosene, diesel sales in July

Pipelines and Products Marketing Company (PPMC), a subsidiary of the Nigerian National Petroleum Corporation (NNPC), earned N132.04 billion from the sale of white petroleum...

Trelleborg hires and trains Nigerians on innovative offshore solutions

Trelleborg’s offshore operation, along with its partner SDH Integrated Services, hosted its first local content event in Port Harcourt, Nigeria. The purpose of this...

Senate summons Baru, Shell management over alleged oil licence revocation

The Senate is set to probe the Group Managing Director of Nigerian National Petroleum Corporation (NNPC), Maikanti Baru, over allegations that he was involved...

NNPC Retail commissions new mega station

The Nigerian National Petroleum Corporation (NNPC) Group Managing Director, Dr. Maikanti Baru, has described the commencement of operations of the newly constructed ultra-modern mega...

‘Oil searches in North yielding results’ – Petroleum Ministry source

There are indications that some parts of the North may soon join the league of oil producing states in the country, The Nation reports. It...

Western European, Asian countries remain major buyers of Nigeria’s crude – NNPC

A report of the Nigerian National Petroleum Corporation (NNPC) has disclosed that demand for Nigeria’s crude oil blends have remained quite high from countries...

NNPC trading deficit rises by 128% as refineries lose N8.5bn

The Nigerian National Petroleum Corporation (NNPC) saw its trading deficit rise by 128.5% in July to N11.87bn, with the nation’s crude oil refineries responsible...

NNPC shuts down Kaduna, Warri refineries over operation costs, TAM

The Nigerian National Petroleum Corporation (NNPC) has indefinitely shut down two of the nation’s three refineries due to increase in their operation costs and...

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