Stolen crude: NNPCL intercepts vessel operating ‘stealth mode for 12 years’
By Emmanuella Anokam A vessel conveying 800,000 litres of suspected stolen crude oil has been intercepted by a private security contractor engaged by the Nigerian […]
crude oil
Malami faults allegation of losing $2.4bn from crude oil sale to China
By Femi OgunsholaThe Minister of Justice and Attorney General of the Federation (AGF) Abubakar Malami has dismissed claims that Nigeria lost over 2.4 billion dollars […]
Probe missing 149 million barrels of crude oil in 2019 or face legal action, SERAP tells Buhari
Socio-Economic Rights and Accountability Project (SERAP) has urged President Muhammadu Buhari to “set up a presidential panel of enquiry to promptly probe the grim allegations […]
Debt servicing: Experts urge FG to increase crude oil production
Some financial analysts have urged the Federal Government to increase its crude oil production to enhance its revenue generation, in order to tackle the rising […]
Envoy, Minister upbeat on strengthening Nigeria-Cote d’Ivoire bilateral relations
The Nigerian Ambassador to Cote d’Ivoire, Martin Adamu, and the Minister of State for Industry, Trade and Investment, Maryam Katagum, have expressed optimism on improved […]
NNPC Weekly Review: Kyari proffers solution to insecurity in Nigeria
It was a busy week for the Nigerian National Petroleum Company Limited (NNPC) as the Group Managing Director (GMD) Malam Mele Kyari, addressed the 17th […]
Police advocate waterway procedure review in Bayelsa for enhanced security
The Police Command in Bayelsa has called for a review of procedures at checkpoints in the waterways in the state to enhance security. Mr Emmanuel […]
NNPC records crude oil, gas sales of $219.75m in May
…Posts ₦295.72bn from Sale of Petroleum Products The Nigerian National Petroleum Corporation (NNPC) says it recorded a total crude oil and gas export sales of […]
Between Mele Kyari and Dangote Refinery
BY Callistus Uzoma It is remarkable that the Nigerian National Petroleum Corporation ( NNPC) is undergoing profound transformation at a time of perceived corporate despondency […]
CNPP to NNPC GMD, Kyari: N287bn Profit: We commend your efforts but doubt your figures
The umbrella body of all registered political parties and political organisations in the country, the Conference of Nigeria Political Parties (CNPP) has said it appreciates […]
Nigerian Politics and Fallacy of PDP – APC Semblance, By Salihu Moh. Lukman
Partisan Problem of One-Dimensional Politics In his recent book, Arguing with Zombies: Economics, Politics and the Fight for Better Future, the American economists, Paul Krugman […]
NNPC Weekly Review: FG set to implement PIA, says no petrol price increase
In line with the promise of President Muhammadu Buhari to ensure an efficient oil and gas sector for economic development in Nigeria, the president not […]
Bayelsa Govt. seeks to reacquire OML 46 licence
Indications have emerged that the Bayelsa Government has not given up on its Oil Mining Lease (OML 46) licence which was revoked by the Department […]
NSCDC arrests 2 suspected oil thieves in Delta
The Nigeria Security and Civil Defence Corps (NSCDC), Delta Command, has arrested two suspects for being in possession of illegally refined Athomotive Gas Oil (AGO). […]
Troops deactivate illegal refining sites, recover stolen products
The Defence Headquarters says the troops of Operation Delta Safe have deactivated several illegal refining sites and recovered large quantity of stolen petroleum products in […]
Government will support lawful refiners- Minister
The Minister of State for Petroleum Resources, Chief Timipre Sylva, says that government will support artisanal refiners that are lawful in their operations. The Minister […]
Oil Spillage: Court orders Mobil, NNPC to pay N82bn in damages to Akwa Ibom communities
The Federal High Court, Abuja, has ordered the Mobil Producing Nigeria Unlimited and the Nigerian National Petroleum Corporation (NNPC) to pay the oil communities in Ibeno Local […]
Economist urges FG to tackle challenges limiting economic growth
An economist, Prof. Ndubisi Nwokoma, has urged the Federal Government to intensify efforts in addressing the growing uncertainty and insecurity currently facing the economy. Nwokoma, […]
FG assures Nigeria-based UK businesses of support
The Federal Government has assured United Kingdom companies operating in Nigeria of its support at ensuring that they thrived amidst dwindling foreign exchange earnings. The […]
NNPC intensifies collaboration on petroleum products supplies
The Nigerian National Petroleum Corporation (NNPC) started its week in style after solidifying its collaboration with the Abia State Government to boost petroleum products supplies […]
Revenue projection in letter to AGF doesn’t reflect Corporation’s financial standing, says NNPC
Press Release: …Pledges to Optimize Cost, Boost Remittance to FAAC The Nigerian National Petroleum Corporation (NNPC) has clarified that the revenue projection contained in the […]
We’ve accurate record of crude production – DPR
The Department of Petroleum Resources (DPR) on Friday debunked claims that the exact volume of crude oil produced in the country was not known. Mr […]
Reps to audit funds spent on rehabilitation, repairs of refineries
The House of Representatives has resolved to carry out an investigative hearing as well as comprehensive audit of funds spent on rehabilitation, repairs and maintenance […]
Don’t halt deregulation of petrol, CSOs tell FG
A Coalition of Nigerian Civil Society Organizations for Petroleum and Energy Security (CONCSOPES) on Saturday sought the sustainance of deregulation of the price of […]
More terrorists neutralized as new service chiefs change tactics – DHQs
By Chimezie Godfrey The Defence Headquarters, Abuja has revealed that the recent changes in the leadership and operations of the Armed Forces of Nigeria will […]