Oil & Gas

Corruption Allegations: Ex-NNPCL Boss Mele Kyari Denies Arrest, Reaffirms Willingness to Account for Tenure

Abuja, Nigeria — Engr. Mele Kyari, the recently removed Group Chief Executive Officer of the Nigerian National Petroleum Company Limited…

1 year ago

CNPP Applauds NNPCL’s Bold Move to Revive Naira-for-Crude Initiative, Demands Accountability and Incentives for Local Refineries

In a significant development for Nigeria's oil sector, the Conference of Nigeria Political Parties (CNPP) has lauded the new management…

2 years ago

Explosions Rock Key Oil Export Facilities in Rivers Amid Political Turmoil

Rivers State, Nigeria, is grappling with a dual crisis as explosions at key oil facilities coincide with escalating political tensions…

2 years ago

Dangote Refinery Slashes Petrol Pump Nationwide Effective February 27

Dangote Petroleum Refinery has officially announced a reduction in the ex-depot price of Premium Motor Spirit (PMS) by N65, effective…

2 years ago

136.7m Litres of PMS Imported in One Day – Report

The Nigerian National Petroleum Company Limited (NNPCL) imported 136.7 million litres of premium motor spirit (PMS) in a single day…

2 years ago

How First Bank’s Recklessness Endangered 93 Lives on Oil Rig, General Hydrocarbons Limited Reveals

A bitter dispute has erupted between General Hydrocarbons Limited (GHL) and First Bank of Nigeria (FBN) over allegations of recklessness,…

2 years ago

OIL PRICE SHOCKER: Global Markets Reel as Brent Crude Surges Amid US Sanctions on Russia

The global oil market was thrown into chaos on Monday as Brent crude prices skyrocketed to $81 per barrel, marking…

2 years ago

NNPC Limited Invites Ex-President Obasanjo to Verify Port Harcourt Refinery’s Operational Status

Hours after his revelation that Nigerian National Petroleum Company Limited (NNPC Limited), previously Nigerian National Petroleum Corporation (NNPC), rejected a…

2 years ago

How NNPC Rejected Dangote’s $750 Million Offer to Manage Nigeria’s Refineries, Obasanjo Reveals

In a recent interview with Channels Television, former President Olusegun Obasanjo revealed that the Nigerian National Petroleum Corporation (NNPC), now…

2 years ago

CNPP Hails NNPC Limited for Port Harcourt Refinery Rehabilitation, Calls for Greater Transparency and Accountability

The Conference of Nigeria Political Parties (CNPP) commended the Nigerian National Petroleum Company Limited (NNPC Limited) for successfully completing the…

2 years ago