In a move to boost production of crude oil, most of the licenses granted to marginal oil field operators in 2023 which are inoperative will be cancelled ,...
Agency Report The National Bureau of Statistics (NBS) says the average retail price of a litre of petrol increased from N191.65 in September 2022 to...
On Friday, the Warri Refinery and Petrochemical Company Limited confirmed a fire incident. This was confirmed by the Nigerian National Petroleum Company Limited. It did, however,...
Following the surfacing of queues in some filling stations across the country, the Nigerian National Petroleum Company (NNPC) Limited has warned Nigerians against panic-buying saying it...
The Federal Government says it is targeting to increase crude oil production to two million Barrels Per Day and beyond by the end of the year....
Minister of State for Petroleum Resources, Ekperikpe Ekpo, has emphatically urged the contractors overseeing the 614-kilometer Ajaokuta, Kaduna, Kano gas pipelines project not to deviate from...
Nigerian state oil company NNPC has begun buying gasoline via cash tenders, rather than oil swaps, for the first time in nearly a decade, four sources...
The Defence Headquarters says troops of Operation Delta Safe have uncovered and destroyed 53 illegal refining sites, recovered stolen products and apprehended 19 suspected oil thieves...