The Organization of Petroleum Exporting Countries, OPEC, and its allies (OPEC+) have increased Nigeria’s crude oil output quota to 1.830 million barrels per day, mb/d, taking…
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Nigeria’s Chief of Naval Staff (CNS), Vice Admiral Awwal Gambo, on Saturday, decried the increasing spate of oil theft in the country, and its attendant impacts…
The Ajaokuta-Kaduna-Kano Natural Gas Pipeline Project (AKKP) has reached 73.3 per cent completion stage, the Group Executive Director, Gas and Power, Nigeria National Petroleum Corporation (NNPC),…
More supply of petroleum products like petrol etc seems to be available for distribution across Nigeria. And now the Nigerian National Petroleum Corporation (NNPC) is monitoring…
For decades, Nigerians have been living in denial about the state of our country’s petroleum refining and distribution system. Even non- specialists without any training in…
Based on an analysis of industry data, the Nigerian National Petroleum Company Limited may need 201 billion Naira ($484 million at $=N413.60) worth of clean Premium…
Many Nigerian commuters and car owners have expressed their dissatisfaction and anger over the recent fuel scarcity rocking parts of Lagos and Abuja, which is also…
In spite of reassurances by the federal government of Nigeria that it will no longer remove fuel subsidy this year as it earlier intended, fuel queues…
Nigeria’s state oil company recorded a 141.96 billion naira ($346 million) trading surplus in June after recovering from a 37.46 billion naira deficit the previous month,…
In September 2021, the Nigerian National Petroleum Corporation (NNPC) revealed that it spent N123.73 billion on petrol subsidies. In its report to the Federation Account Allocation…