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NIGERIAN NATIONAL PETROLEUM COMPANY (NNPC) LIMITED
In a landmark move aimed at stabilizing fuel pump prices and the dollar-Naira exchange rate, the Federal Executive Council has approved President Tinubu's proposal to sell crude oil to Dangote Refinery and other upcoming refineries in Naira.
The Group Chief Executive Officer (GCEO) of the Nigeria National Petroleum Company (NNPC) Limited, Mele Kyari, has revealed that the state-owned oil giant is targeting a profit increase of N2 trillion when the 2022 audited financial statements are released.
The Nigerian National Petroleum Company Limited has revealed that the $2.8 billion Ajaokuta–Kaduna–Kano (AKK) gas pipeline project being constructed by Oilserve Limited will be inaugurated next month (December 2023).
The Association of Bureaux De Change Operators of Nigeria (ABCON) has called on the Federal Government to ban the operations of Binance in the country.
Prominent Niger Delta leader and former agitator, Mujahid Asari Dokubo, has accused the Nigerian army and navy of being behind 99% of oil theft recorded in the oil-rich Niger Delta region.
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has assured that it has the numerical strength to force down the price of Premium Motor Spirit also known as petrol, after the pump price of the product skyrocketed following the removal of subsidy by the Federal Government.
In this interview with Nairametrics, Energy Analyst Dan D Kunle calls the viability of the Nigeria-Morocco gas pipeline project into question.
The Nigerian Government approved the sum of N1.535 trillion under Phase 2 of the NNPC limited tax credit scheme.
Some companies may become bigger players in the downstream sector when fuel subsidy is removed due to the high costs of selling and distribution
IPMAN claims it is ready to deploy natural gas dispensers to 30,000 filling stations in the country, to solve fuel subsidy removal.
A report by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has shown that Nigeria recorded 1.26 million barrels per day of crude oil production in March 2023.
The senate has queried the NNPC over the lack of record keeping of N102.6 billion worth of crude oil delivered to Warri and Kaduna Refineries