Oil & Gas
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NNPC Records Petroleum Product Sale of ₦234.63bn in March The Nigerian National Petroleum Corporation
(NNPC) has announced that its downstream subsidiary, the Petroleum Products Marketing Company (PPMC), recorded ₦234.63 billion revenue from the sale…
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Oil Bulls Remain Confident Despite COVID Concerns
Oil prices climbed this week as U.S. inventories tightened and the risk of Iran reaching a new deal and bringing…
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Refineries suffer 13-month loss of N104.3bn, refine zero oil
A total loss of N104.3bn was recorded by Nigeria’s refineries in 13 months, even as the facilities refined no crude…
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PIB: Dangote Refinery, Others to Buy Crude in Naira
Holders of refining licences in the country can pay for domestic crude oil supply in naira, according to the Petroleum…
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OPEC+ meeting called off amid Saudi-UAE standoff
The Organization of the Petroleum Exporting Countries and Allies (OPEC+) was expected to meet yesterday to conclude its decision as…
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Can Anything Halt This Oil Price Rally?
Oil prices are on course to close out another week of gains despite fears of Iranian production coming back online…
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Crude oil Price rises
Crude oil prices rose on Sunday evening as oil stabilised after a volatile week with the Brent crude rising by…
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Revenue Projection to AGF Not Reflection of Corporation’s Financial Standing ——- NNPC
Pledges to Optimize Cost, Boost Remittance to FAAC The Nigerian National Petroleum Corporation (NNPC) has clarified that the revenue projection…
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OML 143: NNPC, SEEPCO Sign Gas Development Agreement to Unlock 1.2TCF
The gas development and commercialization programme of the Nigerian National Petroleum Corporation (NNPC) received a boost Thursday with the execution…
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ADITOP Hails NNPC’s Downstream Strides
A group of petroleum tanker owners in Nigeria under the auspices of the Association of Distributors and Transporters of Petroleum…
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