Group Managing director, Nigeria National Petroleum Company Limited, Mele Kyari has said the challenges of distribution faced by marketers was responsible for the lingering fuel scarcity in the country. Kyari spoke on
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Nigerian National Petroleum Company (NNPC) Limited said it remitted earnings from the 17.877 million barrels of crude it exported contrary to allegations against the firm. According to several reports quoting the Auditor
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Nigeria’s crude oil production has increased to 1.59 million barrels per day, according to the Chief Upstream Investment Officer at the NNPC Upstream Investment Management Services (NUIMS), Bala Wunti. The figure provided
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The Nigerian National Petroleum Company (NNPC) said ongoing road projects in Lagos are behind scarcity of fuel in several areas within the state, as queues return to filling stations. Prime Business Africa
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The news of crude oil discovery in Kolmani River, Bauchi and Gombe States and the subsequent commissioning of oilfield drilling operations by President Muhammadu Buhari has continued to generate interests among Nigerians
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With the persistent scarcity of fuel, the Independent Petroleum Marketers Association of Nigeria (IPMAN) has urged the Nigeria National Petroleum Company (NNPC) Limited to revive its depots across the country to address
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The Nigerian National Petroleum Company, NNPC, Limited has not remitted even N20,000 to the federal account this year according to the Kaduna State Governor, Nasir El-Rufai. El-Rufai revealed this on Thursday, stating
More The Nigerian National Petroleum Company (NNPC) Limited lost $1.068 billion oil revenue in one month as the corporation struggles to curb crude oil loss, preventing the firm from remitting into the federal
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The Federal Government has approved Seplat’s acquisition of Mobil Producing Nigeria Unlimited (MPNU) from Exxon Mobil Corporation, after the Nigerian National Petroleum Company (NNPC) initially block the deal. In a statement released
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The Minister of State for Petroleum Resources, Timipre Sylva, has blamed Nigerian oil marketers for the increase of fuel price across filling stations within the country, amid scarcity. Sylva said the government
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