ABUJA-THE country may discontinue exploration of crude oil if prices of the commodity in the international market fall below the cost of production, the Group Managing...
…announces significant advancement to oil finds in Chad basin By Yemie ADEOYE ABUJA-THE Nigerian National Petroleum Corporation, NNPC has announced plans of a 20 billion dollars investments...
By Yemie ADEOYE ABUJA-IN a major steer designed to enshrine transparency and eliminate the activities of middlemen in the crude oil exchange for product matrix, the...
By Kunle KALEJAYE LAGOS-THE Group Managing Director of Nigerian National Petroleum Corporation, NNPC, Dr. Emmanuel Ibe Kachichwu has reiterated that the corporation urgently need to make...
By Yemie ADEOYE THE Nigerian National Petroleum Corporation, NNPC is set to revisit the fiscal terms of the existing Production Sharing Contracts, PSC entered into by...
ABUJA-THE men of the Nigerian military are to take over the security of the nation’s oil pipelines. The Acting Director, Defence Information, Col. Rabe Abubakar, who...
By Kunle KALEJAYE ABUJA-Nigeria National Petroleum Corporation NNPC has given Warri Refining and Petrochemicals Company, WRPC which has 125, 000 barrels of crude oil processing...
By Kunle KALEJAYE ABUJA-THE Federal Government has reiterated its commitment to reform the nation’s existing refineries and boost domestic petroleum product supply. The commitment was made...
…Says subsidy distorts govt revenue distribution By Kunle Kalejaye LAGOS-NIGERIA, worlds 7th oil exporter and a major importer of refined oil products may ending the importation...
… Commits to periodic publication of financial transactions ABUJA-THE newly appointed Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Ibe Kachikwu, has stated his...
