NNPC to deliver $2.6bn gas pipeline Q1 2023
The Nigerian National Petroleum Company Limited (NNPC) and its contractor handling the bulk of the $2.6bn Ajaokuta-Kaduna-Kano gas pipeline project,…
Port Harcourt refinery to produce 60,000 barrels per day early 2023 – Sylva
The Minister of State for Petroleum Resources, Chief Timipre Sylva, on Tuesday, said the April 2023 completion date for the…
Nigeria loses $1.5bn to oil theft in 3 months –NNPC
The Nigerian National Petroleum Company Limited (NNPC) has said the country lost $1.5 billion worth of crude oil, which represents…
Buhari seeks approval of N4trn for petrol subsidy in 2022
President Muhammadu Buhari has requested the approval of N4 trillion as payments for petrol subsidy payments in 2022. The president…
Nigeria won’t abandon gas resources to please energy transition crusaders – Sylva
Minister of State Petroleum Resources, Mr Timipre Sylva, has said that Nigeria will take gradual and strategic steps in transitioning…
Sylva laments rapid drop in oil, gas investment flow to Nigeria
The Minister of State Petroleum Resources, Timipre Sylva, has decried the rapid drop in foreign investment flow to Nigeria’s oil…
We’re building Europe-bound pipelines to deliver gas – NNPC
The Nigerian National Petroleum Company Limited (NNPC) on Monday said it was currently working on building pipelines that would deliver…
Russia-Ukraine crisis: EU urges Nigeria to close gas supply gap
The European Union (EU) has urged Nigeria to take advantage of the opportunity offered by the present crisis in Europe…
Oil Sector Collapse Imminent With N1.36tn Crude Stolen in 14 Months
Major oil majors have expressed fears that the Nigerian petroleum sector is facing imminent collapse if the level of theft…
Reps panel summons Sylva, Kyari, others over state of refineries
Worried by the hardship being experienced by Nigerians owing to increasing cost of petroleum products, the House of Representatives ad…