Nigerian National Petroleum Corporation (NNPC)
Nigeria pays international oil companies $3.7 billion, owes $972 million
The Nigeria National Petroleum Corporation (NNPC) has said it has paid about $3.7 billion in its cash call areas owed to various international oil companies.
FG announces 32days petrol sufficiency as Nigerians consume 149.33 million litres of petrol in 2 weeks
Lagos State which is the commercial capital of Nigeria and the fifth largest economy in Africa received the highest volume of PMS with 149.33 million litres.
World Bank warns Nigeria: You’re paying too much subsidy instead of health, education, welfare budget
The World Bank has warned Nigeria that unless it stops paying too attention to petrol subsidy, it will have less to feed the poor take care of health, education
Angola overtakes Nigeria as Africa’s biggest oil producer after worst production output in months
Preliminary data indicates that global liquids production in May decreased by 0.15 million bpd to an average 98.75 million bpd compared to the previous month.
Marketers predict diesel to hit N1,500 per litre, push for fuel price increase
Nigerians should brace up for inevitable increase in the pump price of diesel with alongside fuel increase, according to oil marketers who lamented scarcity.
Malabu Oil: JP Morgan thrashes Nigeria in UK Court as nation Loses $1.7 billion case
Nigeria on Tuesday lost its case against American banker, JP Morgan in its question to recover about $1.7 billion in damages after the bank transferred N875m.
"Compromised" NNPC Twitter handle reveals who Tinubu will pick as running mate
The Twitter handle of the Nigerian National Petroleum Company Limited (NNPC) posts a message on the proposed running mate for Tinubu, APC presidential candidate
Brent crude climbs to $120 per barrel following Saudi Arabia’s price Hike for July 2022
Nigeria and other oil producing countries are joyful as oil price hits $120 per barrel as Saudi Arabia said it will hike price and OPEC+ plans August price hike
NNPC sets date for completion of Port Harcourt refinery after spending over N539bn for repair works
The Hous of representative committee will embark on a physical inspection of all Nigeria's refineries especially the PH refinery facility on repair works so far
Nigerian National Petroleum Corporation (NNPC)
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