FG Insists Nigeria Has Enough Petrol in Stock, Says Supply Disruption an Accident
The Federal Ministry of Petroleum Resources has maintained that it has enough petrol in the depots to serve the growing…
NNPC seeks to acquire FG’s power plants, meets BPE
The Nigerian National Petroleum Company Limited (NNPC) has expressed interest to participate in the acquisition of power plants under the…
Nigeria’s gas revolution will make West Africa energy self-sufficient —Timipre Sylva
The Minister of State for Petroleum Resources, Chief Timipre Sylva, Thursday said the West African sub-region could become energy self-sufficient…
Oil price surges above $113 as OPEC keeps supply unchanged
Crude oil price yesterday continued its upswing as Brent, Nigeria’s benchmark crude, rose above $113 per barrel for the first…
NNPC, Shell JVs, Dangote sign multi-million dollar gas supply deal
To further deepen its footprint in fertilizer production, the Nigerian National Petroleum Company (NNPC) Limited, and its Joint Venture (JV)…
NNPC vows to increase production as Brent crosses $105 per barrel
Brent, the crude against which Nigeria’s oil is priced, crossed the $105 per barrel price on Tuesday, as it rose…
Nigeria, Equatorial Guinea seal pact to develop stranded natural gas
In a major push towards deepening cleaner energy utilisation, Nigeria and Equatorial Guinea on Tuesday signed a landmark Memorandum of…
NUPENG threatens not to lift PMS for depot owners selling above N148.77
The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG), says its members will not lift products for depot owners…
FG approves $50m cooking gas energy fund
The Federal Government’s effort to deepen Liquefied Natural Gas (LPG) penetration, popularly called cooking gas, appears to have achieved the…
NNPC gives OICs conditions for divestment from Nigeria
Group Managing Director of the Nigerian National Petroleum Company Limited (NNPC), Mele Kyari, yesterday, said international oil companies (IOCs) divesting…