PPMC Reports N32Bn Profit, 170Mn Litres Of Petrol Stock
The Managing Director of the Petroleum Products Marketing Company Limited, (PPMC), Umar…
Baru Urges Foreign Investors To Explore Nigeria’s Opportunities
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr.…
FG Targets Three Modular Refineries’ Take-Off By 2019
The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, on Monday…
NEITI Raises Concern Over States’ Inability To Fund Budgets
The Nigeria Extractive Industries Transparency Initiative (NEITI) has reported that no state…
FG Generates N1.68Trn From Royalties, Fines In Oil Sector
The Department of Petroleum Resources (DPR) has reported that Nigeria collected about…
NNPC’s Subsidy Payments Up N834.5Bn In Nine Months
The Nigerian National Petroleum Corporation (NNPC) may have spent about N835 billion…
Senate Alleges $1.15Bn Illegal Withdrawal From NLNG Accounts
The Senate Committee on Gas disclosed on Wednesday that it discovered an…
China To Cut Oil Imports From Nigeria, Others
China has disclosed that it will cut imports of West African oil…
OPEC Cuts Global Oil Demand Forecasts Amid Sliding Prices
OPEC on Tuesday reported a slash in its global oil demand forecasts…
NERC Links Poor Power Supply Mainly To Gas Shortage
The Nigerian Electricity Regulatory Commission (NERC) has reported that the major constraints…