NEWS

Nigeria Plans Bridging Fuel Supply Deficit With Condensate Refining

As part of plans to guarantee energy security and stop petroleum products importation in the country, the Nigerian National Petroleum Corporation (NNPC)...

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Oil Prices Climb To Highest In 3 Months On Renewed U.S.-China Trade Deal Hopes

Oil prices extended gains on Friday, scaling three-month highs as the U.S. and China moved closer to a resolution to the 18-month...

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Crude Theft: Nigeria Mulls Repossessing Oil Pipelines From IOCs

Following the enormous amount of revenue lost by the Nigerian State to the menace of crude theft, the country is now considering...

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‘Nigeria Facing Insecurity, Strife Due To Corruption’

Nigeria is faced with insecurity and strife due to systematic corruption that has left the citizens impoverished, Executive Secretary of Nigeria Extractive...

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Nigeria Benchmark Oil Price At $57/b As It Passes N10.59trn 2020 Budget

The Nigerian Senate on Thursday passed a N10.59 trillion budget for the year 2020 fiscal year, with oil price benchmark set at $57 per...

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NNPC Says Pipeline Fire Won’t Impact Product Supply

The Nigerian National Petroleum Corporation (NNPC) has assured assured that the Lagos pipeline outbreak will not impact on product supply in the area,...

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NNPC’s Subsidiary, IDSL Records N19bn Revenue In 2018

The Integrated Data Services Limited, IDSL, a subsidiary of the Nigerian National Petroleum Corporation (NNPC), has recorded a significant increase in its...

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EITI Lauds NNPC’s Monthly Financial Publication Initiative

The Extractive Industries Transparency Initiative (EITI) has lauded the Nigerian National Petroleum Corporation (NNPC) as one of the global leaders in terms...