The Minister of State for Petroleum Resources, Chief Timipre Sylva, has refuted claim by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) that measurement inaccuracies in the...
The Nigerian National Petroleum Company Limited (NNPCL) has called for prompt completion of Nigeria’s refineries as it projected an annual savings of N367 billion when completed....
Nigeria has recorded a sum of N500 billion loss in its oil revenue last month due to low crude oil production. Investors King reports that Nigeria’s...
Independent Petroleum Marketers Association of Nigeria (IPMAN) has blamed the Nigerian National Petroleum Company Limited (NNPCL) for the worsening crisis in the oil industry. Contrary to...
NNPC revealed that another reason for the crisis was that some corrupt marketers were smuggling petrol to neighbouring countries
Nigeria’s energy conglomerate, Nigerian National Petroleum Company Limited (NNPCL) has disclosed that it has fulfilled all closing obligations relating to the acquisition and transfer of assets...
Non-uniformity of fuel prices at various filling stations has been identified as the cause of queues in stations that sell at lower rates.
To address the lingering fuel scarcity across the country, the Nigerian National Petroleum Company (NNPC) has reached an agreement with no less than 30,000 independent petroleum...
NNPC is planning to sign an agreement with independent oil marketers to ensure that the ex-depot price of petrol is N148/litre.
The lingering fuel scarcity has led to high prices of petroleum products across the country