Nigeria’s refineries only worked at 1.96 per cent capacity in September
NNPC generated N44.2 billion from the sale of white petroleum products in August.
Contract dispute: Court urges Agip, Arco to settle rift
The case has been adjourned till December 3 for ruling.
91 companies bid for NNPC’s contract for coastal bunkering vessels service
The NNPC says the bidding process is being handled transparently.
Ghana resolves dispute with Nigeria over unpaid gas bill
Ghana gets around 25 per cent of its power through gas from Nigeria
Murtala Mohammed’s son blames Total for company’s debts
Abba Mohammed says his company is still solvent.
NNPC boss, Kachikwu, sanctions staff over scandalous project exposed by PREMIUM TIMES
The suspension order is to allow for unfettered review and investigation into the project implementation.
NNPC contracts to be made open to public — Kachikwu
Mr. Kachikwu says NNPC would embark on a transparency operation to regain its lost credibility.
Bayelsa issues ultimatum to Agip to clean up over 1,000 spill sites
Agip’s parent company, Eni, says company will respond in due course
Nigeria extractive industry watchdog, NEITI, seeks more powers
Areas of proposed change include funding, access to information, inclusion of confidentiality clauses in joint venture contracts and more.
Group wants Buhari to remove newly appointed NNPC director
“A public officer shall not put himself in a position where his personal interest conflicts with his duties and responsibilities.”
NNPC secures interim offshore processing agreements to guarantee steady fuel supply
The agreement allows for allocation of crude oil for refining offshore in exchange for petroleum products
Civil society, media call for stiffer punishment for violation of Local Content Act
The groups warn against further attempts to breach the laws of Nigeria by Agip and General Electric and vow to mobilise Nigerians to fight them.
NNPC says no plan to sell refineries, but PPMC to be unbundled
Port Harcourt refinery restarts fuel production
Buhari cancels all crude oil swap, offshore processing deals with NNPC
Crude oil swap for refined petroleum products took a controversial connotation after concerned Nigerians criticised the deals as lacking transparency
NNPC’s new boss seeks removal of fuel subsidy, deregulation of oil sector
Mr. Kachikwu says removal of price control mechanisms is imperative to ensure full growth of the sub-sector.
China Tops U.S. As Nigeria’s Biggest Trade Partner
Nigeria’s exports of mineral products accounted for ₦2.51 trillion.
Why oil theft persists in Nigeria – Navy Commander
The commander also warned the perpetrators of the consequences of their action warning that whoever is caught would face the full weight of the law.
Bayelsa, oil producing state, pays the most for fuel — NBS report
Petrol sold above N87 per litre nationwide.
Blame politicians for rot in NNPC, says PENGASSAN
Oil workers on Monday blamed the rot in the Nigerian National Petroleum Corporation on politicians involved in the management of the country’s petroleum company. The President of the Petroleum and Natural Gas Senior Staff Association of Nigeria, President, Francis Johnson, at the Addax Petroleum PENGASSAN Branch of triennial delegates’ conference in Abeokuta, said that high […]
Kaduna refinery to save Nigeria $5.33 million daily
Refinery will meet the $5.33 million daily target when it moves from current 60% production capacity to 90 percent next year.
New NNPC GMD, Kachikwu, bars congratulatory adverts from well-wishers
Mr. Kachikwu says his appointment is a serious national assignment and that he should not be distracted with congratulatory messages
Group wants govt to limit crude oil allocation to refineries to current capacity
The group urges government to be decisive on fuel subsidy, saying steps must be taken to recover all subsidy payments fraudulently claimed.