Oil Prices Dip On Improved U.S. Crude Output
International oil prices dipped on Friday following United States’ report that its…
FG Orders IOCs To Offset $20Bn Arrears Of Taxes, Royalties
The Federal Government has ordered foreign oil and gas companies operating in…
We Need 192M Litres Of Petroleum Products For 2nd Niger Bridge – Fashola
The Minister of Power, Works and Housing, Mr. Babatunde Raji Fashola, has…
Foreign Oil Firm Owes Nigeria $1.6Bn Unpaid Taxes – Court Witness
A prosecution witness for the Economic and Financial Crimes Commission (EFCC), Mr…
NNPC Targets 30% Share Of Downstream Retail Market
The Nigerian National Petroleum Corporation (NNPC) has unveiled plans to increase its…
FG Pays N236Bn Subsidy Claims To Oil Marketers
In fulfillment of its promise, the Federal Government has paid the agreed…
Nigeria Owes IOCs $5.1Bn On Joint Venture Cash Call Projects
The Nigerian National Petroleum Corporation (NNPC) on Thursday disclosed that Nigeria was…
FG Sues Shell, Eni $1.1Bn Over Alleged Corrupt Deals
The Federal Government is reported to have sued oil giants, Shell and…
Govt Has No Plan To Raise Fuel Pump Price – PPPRA
The Executive Secretary, Petroleum Products Pricing Regulatory Agency (PPPRA), Abdulkadir Saidu, on…
NNPC, Marketers, Others Agree On Sustained Products’ Supply
The Nigerian National Petroleum Corporation (NNPC) on Sunday disclosed that it had…