NNPC has lowered petrol prices nationwide, with Dangote Refinery claiming that the reductions is a result from its own gantry adjustments not tariff suspension.
NNPC has lowered petrol prices nationwide, with Dangote Refinery claiming that the reductions is a result from its own gantry adjustments not tariff suspension.
Detailed breakdown of the National Petroleum Corporation expenses for the 11 months of 2021 has been revealed with oil search, refineries leading expenses.
Nigeria improved its oil production in the month of November to help the country regain its first spot as the largest oil producer in Africa after weak October
Aiteo Joint Venture (JV) a Nigerian company had on Friday, November 5, 2021, reported a hydrocarbon wellhead leak on its facility to the Nigerian authorities.
The wellhead in the Santa Barbara South field, jointly owned by AEEPCO and the Nigerian National Petroleum Corporation (NNPC), blew up on Friday, November 5.
The statement however revealed not much could be done because of inaccessibility to the wellhead location due to the hydrocarbon fumes that saturated the area.
While Nigeria struggles to produce enough oil, vandals are expanding their operations from the limited supply and this has led to the country falling behind.
Nigeria's shortage of reliable power supply is far from over as the country's power generation again plummeted to another low after hitting a peak 7 days ago.
Energy
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