Hope for the addition of 500,000 barrels per day (bpd) of crude oil to Nigeria’s daily output by the end of November to earn more revenue to finance the 2023 budget, has risen as Shell Petroleum Development Company Limited (SPDC) Thursday resumed…
Nigeria has lost its most valued crude oil customers, while some of its gas buyers now compete with the country in the same market, the Federal Government declared on Thursday.
It also stated that international oil companies were massively shifting focus to alternative…
The Nigerian National Petroleum Company (NNPC) Limited has been restructured to accommodate five vice presidents required to drive the performance of the oil firm, LEADERSHIP has learnt.
It was gathered in Abuja on Thursday night that five individuals, including executive directors at the…
The Independent Petroleum Marketers Association of Nigeria (IPMAN), on Thursday said the Nigerian National Petroleum Company Limited (NNPC)/Pipelines and Product Marketing Company (PPMC) have enough petrol on ground.
IPMAN said there are over 20 vessels of ships fully loaded with petrol on ground…
Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Mallam Mele Kyari has said that the current petrol consumption in the country will decline when there’s no incentive for excess consumption.
Kyari who spoke at the Petroleum and Natural Gas Workers…
The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC), Mallam Mele Kyari , yesterday said that the damaged major pipeline that has hobbled Nigeria’s oil production for months will come on stream in a week.
Speaking during a summit…
The involvement of private security firms helps to discover illegal oil points, the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Mele Kyari, has said.
Kyari spoke on Tuesday at the 2022 Energy And Labour Summit of the Petroleum and…
The Nigeria Liquefied and Natural Gas company has declared force majeure because of widespread flooding that has disrupted supply, a spokesman for the company said on Monday.
Force majeure is a common clause in contracts which essentially frees both parties from liability or…
The Acting Managing Director, Warri Refining and Petrochemical Company, Mr. Desmond Inyamah, has said the full operation of the refinery would commence in December 2023.
He said this when members of the House Of Representatives Ad Hoc Committee on the State of the…
The Nigerian National Petroleum Company Limited and the Petroleum Training Institute are to install anti-theft integrated monitoring systems on pipelines to monitor the facilities against crude oil theft.
Nigeria has been losing billions of dollars for several years due to the activities of…
