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