Category: Oil & Gas

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Oil price hits $69 per barrel after Niger Delta Avengers threats of attack

Oil price hits $69 per barrel after Niger Delta Avengers threats of attack

Oil prices rose on Thursday on a reported decline in U.S. crude inventories, and as the Niger Delta Avengers threatened to attack oil installations in ...
Gas Supply to Power Plants Remains Intact – NNPC

Gas Supply to Power Plants Remains Intact – NNPC

The Nigerian National Petroleum Corporation, NNPC, on Friday explained that routine gas supply for power generation is not affected by the fresh fire ...
Europe now biggest importer of Nigeria’s crude oil

Europe now biggest importer of Nigeria’s crude oil

While OPEC is implementing production cuts, Nigeria's crude oil exports are steadily growing and winning huge customers in Europe. Europe remained th ...
Baru says 4,501 trucks loaded with fuel disappeared in December with 148, 533 million litres

Baru says 4,501 trucks loaded with fuel disappeared in December with 148, 533 million litres

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Maikanti Baru, has said that the nation lost about 148,533000 milli ...
We Can No Longer Sell fuel for N145 – Marketers

We Can No Longer Sell fuel for N145 – Marketers

  The Chairman of Depot and Petroleum Marketers Association of Nigeria (DAPMAN), Mr Dapo Abiodun, has revealed that the marketers can no longe ...
Buhari orders NNPC to distribute hoarded fuel free to Nigerians

Buhari orders NNPC to distribute hoarded fuel free to Nigerians

President Muhammadu Buhari has ordered the Nigerian National Petroleum Corporation (NNPC), to seal off fuel stations found to be hoarding petroleum pr ...
Media reports Kachikwu ‘sought to embarrass Buhari’s administration with alleged fuel shortage memo

Media reports Kachikwu ‘sought to embarrass Buhari’s administration with alleged fuel shortage memo

On Wednesday, some oil industry news outlets reported that Minister of State for Petroleum Resources Dr. Ibe Kachikwu, was ready to embarrass the Buha ...
NNPC To Marketers: We supply products despite your N24.7b debt

NNPC To Marketers: We supply products despite your N24.7b debt

The Nigerian National Petroleum Corporation (NNPC) has described as very unfortunate a statement credited to the Depot and Petroleum Products Marketer ...
The Day in Pictures: Osinbajo visits petrol stations on Christmas day

The Day in Pictures: Osinbajo visits petrol stations on Christmas day

Vice President Yemi Osinbajo, SAN, today Christmas Day with the Minister of State Petroleum Resources  Dr. Ibe Kachikwu, continues "on the spot" check ...
NNPC Says It Can Account for Every Barrel of Oil Sold in Nigeria

NNPC Says It Can Account for Every Barrel of Oil Sold in Nigeria

The Nigerian National Petroleum Corporation (NNPC) has achieved 98 per cent automation of all transactions involving the supply, marketing and sale of ...
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