Tag: NNPC

An overhaul of the NNPC’s operations is inevitable to position it for efficient and competitive business, leading to increased revenues ...

The NNPC says the country would have to live with importation of petroleum products for another four years if the ...

Analysts have criticised the latest move to repair the refinery at a huge sum of $1.5 billion.

There is no evidence the huge debt has been repaid, and it highlights how the state-owned firms is run and ...

The agency says it does not “fix or announce prices", but previous templates it released formed the basis of fuel ...

It was not immediately clear whether the decision signalled a reversal of the price hike by the government.

The NNPC said on March 1 there was no plan to raise fuel prices.

PEF's main function is to ensure price uniformity of petroleum products via the reimbursement of marketers for trucking products to ...

The MoU is expected to utilise Nigeria's gas and Morocco's phosphate to produce ammonia and phosphate fertilizers by 2025.

The development of the facility is now envisaged to cost no more than $650 million, which is 7.1 per cent ...

The disbursement is about a quarter of the financing required to buy the stakes from Shell Total and Eni.

The women queried the lack of gender representation in PIB and also demanded that the name of the bill be ...

The oil majors and other players in the industry expressed disatisfaction with some provisions of the Petroleum Industry Bill, 2020.

Mr Kyari says he is hopeful the demand for crude oil will pick up by the end of the year.

The judge says the federal government was wrong in reneging in the agreement it entered into with Transnational Energy.

The Waltersmith modular refinery in Imo State will refine 5,000 barrels of crude oil a day.

Omo-Agege says Nigeria should through the PIB draw maximum benefits from its oil resources before they dry up

By making refund claims the tribunal believed to be fraudulent, Nigeria was denied reimbursement.

The ex-depot price is the amount at which the depot owners sell the commodity to retail outlets owners and fuel ...

A memo, seen by PREMIUM TIMES and dated November 11, showed that the new price regime becomes effective on November ...

The group invites the NNPC GMD to participate in its forthcoming virtual workshop.

The publisher was arrested on October 13 following a petition accusing him of defaming Minister Jedy-Agba.

Recurring losses over years have culminated in an accumulated loss of over N4 trillion, raising concerns the NNPC may be ...

“It makes no sense for oil to be cheaper in Nigeria than in Saudi Arabia," President Buhari said.

“We have a total aggregate revenue of N7.89tn and also an aggregate expenditure of N13.08tn for 2021," the Minister of ...