LNG train 7 to attract $10bn into Nigeria’s economy — NLNG
THE Nigeria LNG train 7 will attract $10 billion into Nigeria’s economy, according to the Nigeria LNG Limited. In his…
Senate invites NNPC for failing to remit N4.07tn
The Senate Public Accounts Committee has once again accused and summoned the management of the Nigerian National Petroleum Corporation over…
N2.11trillion spent on petrol import in 2020- NBS
Nigeria spent about N2.11trillion last year importing Premium Motor Spirit (petrol) according to the latest data obtained from the National…
Sylva explains how $1.5 Port Harcourt Refinery rehab will be funded
The Minister of State for Petroleum Resources, Chief Timipre Sylva, has said the Port Harcourt refinery rehabilitation project will be…
Why we prefer to repair Port Harcourt refinery than build new one – NNPC GMD
The Nigerian National Petroleum Corporation (NNPC) has said that the country does not have the financial muscle now to build…
FG Refineries Earn N21bn, Lose N778bn in Five Years
The government-owned refineries, being run by the Nigerian National Petroleum Corporation, reported a total loss of N778.71bn from 2015 to…
FG approves $1.5bn for rehabilitation of Port Harcourt Refinery
The Federal Government has approved the sum of $1.5bn for the rehabilitation of the Port Harcourt Refinery. The Minister of…
Nigeria’s daily oil production rises to 1.42 million barrels
Nigeria increased its crude oil production to 1.42 million barrels per day in February, the latest monthly report of the…
Full deregulation of petrol price coming, says Sylva
Petrol pricing will be fully deregulated before end of this year, Minister of State (Petroleum) Timipre Sylva said yesterday. He…
Why we are promoting modular refineries, new vision for Niger Delta – Osinbajo
Vice President, Prof. Yemi Osinbajo, SAN, says the integration of artisanal and modular refinery operators into mainstream oil and gas…