The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, Tuesday called on International Oil Companies (IOCs) operating in Nigeria to be more accountable to Nigerians

The Nigerian National Petroleum Corporation (NNPC) on Monday unfolded plans to acquire shares in five more private refineries in Nigeria, bringing to six its interests in refineries it is targeting.

The Nigerian National Petroleum Corporation (NNPC) has expressed interest in purchasing a 20 per cent minority equity stake in Dangote Refinery, Lagos, reputed to be Africa’s biggest oil refining facility

The Nigerian National Petroleum Corporation (NNPC) and its Production Sharing Contract (PSC) partners Tuesday executed joint agreements to renew Oil Mining Lease (OML) 118 for another 20 years. The corporation

The Nigerian National Petroleum Corporation (NNPC) has picked 26 foreign and local companies as well as 12 countries to lift the country’s crude oil for the next two years. The

The Nigerian National Petroleum Corporation (NNPC) has picked 16 consortia for its new crude-for-fuel swap contracts for one year starting in August. A report on Wednesday by Reuters listed the

Bauchi State Governor, Senator Bala Mohammed, Thursday warned that Nigeria will be in chaos and financial hardship if the NNPC does not rethink its decision to make zero remittance to

The three tiers of government, federal, states and local governments, are in for tough times next month as they may get less from the Federation Account, no thanks to the

Nigeria’s President Muhammadu Buhari has approved the restoration of the leases on four Oil Mining Licences to the state-owned petroleum company, (the Nigerian National Petroleum Corporation – NNPC). The affected

Despite the intervention of the Nigerian National Petroleum Corporation (NNPC) to halt the strike by tanker drivers, the chaos occasioned by the return of fuel queues in Abuja worsened on

The increasing landing cost of petrol and the inability of the Nigerian National Petroleum Corporation (NNPC)   to increase ex-depot price have continued to negatively impact on the operations of the

A cumulative volume of 734 million barrels of crude oil and condensates were lifted by all parties, including oil multinationals and the Nigerian Petroleum Development Company (NPDC) between October 2019

A former Nigerian Vice President, Atiku Abubakar, has called on the federal government to sell off the country’s petroleum company and its refineries, saying the country is better off privatising

The Nigerian National Petroleum Corporation (NNPC) has so far paid a total of $3.118 billion cash-call debts owed the five major international oil companies (IOCs), leaving an outstanding debt of

The Nigerian government says it will not continue to bear the burden of paying subsidy for premium motor spirit also known as petrol, a clear hint that prices of the

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, yesterday led a delegation from the corporation to engage with the Chief of Defence Staff (CDS)

The Nigerian National Petroleum Corporation (NNPC) has said it is now focusing on condensates, which are excluded from April 2020 production cuts announced by the Organisation of Petroleum Exporting Countries