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Oil and Gas

Nigeria’s fiscal crisis worsens with slump in oil production to 1.08m bdp

NIGERIA's fiscal crisis worsened last month as the country again failed to meet up with the daily production quota the Organisation for Petroleum Exporting...

Nigeria, two other African countries sign MoU on gas pipeline to Europe

Algeria, Nigeria, and Niger Republic have signed a memorandum of understanding (MoU) to build a 4,000-kilometerrme (2,500-mile) Trans-Saharan gas pipeline that will traverse the...

NNPC Ltd. debunks reports on sack of workers

THE Nigerian National Petroleum Company Limited (NNPC Ltd) has debunked media reports that it has commenced retrenchment of its workers after transitioning to a...
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Fuel scarcity, long queues persist despite petrol price increase

MOTORISTS and commuters in the Federal Capital Territory (FCT) have continued to groan over scarcity of fuel despite the increase in the price of...

INDEPTH: Uncertainty, doubts trail commercialisation of NNPC Limited

UNCERTAINTY and doubts have been trailing the unveiling of the new Nigerian National Petroleum Company Limited (NNPC Ltd). The old government-owned Nigerian National Petroleum Corporation...

Explainer: What NNPC Ltd. means to Nigerians, how they can become shareholders

MANY Nigerians are hoping to benefit from the Nigerian National Petroleum Company Limited (NNPC Ltd.), after it transited yesterday from being a full government-owned...
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NNPC mum as fuel price goes up

THE Nigerian National Petroleum Company Limited (NNPC Ltd.) has remained silent in the face of increase in the price of premium motor spirit, widely...

NNPC Limited: Buhari charges company to operate in line with global best practices

PRESIDENT Muhammadu Buhari has charged the management of the Nigerian National Petroleum Company Limited (NNPC Ltd.) to ensure that the company operates in line...

NNPC Limited will no longer bear burden of PMS import, subsidy – Kyari

THE Group Managing Director (GMD) of the Nigerian National Petroleum Company Limited (NNPC), Mele Kolo Kyari, says the company will no longer bear the...
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