Oil & Gas
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NNPC Records ₦43.57bn Trading Surplus in April.
The Nigerian National Petroleum Corporation (NNPC) has announced a trading surplus of ₦43.57bn in April 2021 representing a 23.64% increase…
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Kyari Assures AKK Gas Pipeline Project ‘ll Be Delivered on Schedule, Create Prosperity
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has assured that the ongoing 614kilometres…
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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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