Lagos IPMAN threatens two week strike over extortion by DPR

Independent Petroleum Marketers Association of Nigeria (IPMAN) has threatened two weeks warning strike over Depot owners…

NNPC secures N126m daily reduction in rig rate

The Nigerian National Petroleum Corporation (NNPC), Monday, said it had secured a $416,000 per day reduction,…

NNPC says subsidiary, IDSL, not responsible for pipeline explosion

The Nigerian National Petroleum Corporation (NNPC) has said that its subsidiary, Integrated Data Services Limited (IDSL),…

Nigeria gets N160.76b from refined petroleum products in one month

Pipelines and Product Marketing Company (PPMC) realised ₦N160.76 billion from the sale of refined petroleum or…

Nigeria’s oil production cost drops by $43/barrel in 3 years -NNPC

The cost incurred to produce a barrel of crude oil in Nigeria has declined to $27…

Nigerian oil firms emerging stronger competitors – NNPC

The Nigerian National Petroleum Corporation (NNPC) said that Nigerian companies are making giant strides, adding value…

NNPC says no more product import by 2019

The Nigeria National Petroleum Corporation (NNPC) on Wednesday said it planned to rehabilitate, revamp and upgrade…

Why NNPC owed N23.4 billion export supervision fees for eight years – Official

The Nigerian National Petroleum Corporation (NNPC), on Tuesday blamed budgetary appropriation constraints imposed by the National…

NNPC records $2.45bn crude oil export sale in one year

The Nigerian National Petroleum Corporation (NNPC) has said that $2.4 billion export sale was recorded in…

Senate wants EFCC to beam searchlight on CBN, NNPC

Senate on Monday mandated the Economic and Financial Crimes Commission (EFCC) to beam its searchlight on…

$9.7m slush funds: Ex-NNPC GMD set for trial next week

The Economic and Finacial Crimes Commission( EFCC) yesterday finalised plans for the trial of a former…

No need for panic buying of fuel, NNPC tells Nigerians

Nigerians have been advised not to engage in panic buying of fuel as measures are being…