Nigeria ships first cargo of Anyala, newest crude grade, to Europe

The first cargo of Nigeria’s newest crude grade, Anyala, is on its way to Northwest Europe.…

Heirs Holdings acquires 45% of OML 17 from Shell, Total, ENI in $1.1bn deal

Leading African strategic investor, Heirs Holdings, in partnership with affiliated company, Transnational Corporation of Nigeria Plc…

96 firms bid for NNPC infrastructure revamp contracts

At least 96 prominent and reputable companies from various jurisdictions have indicated interest in undertaking the…

NNPC restates commitment to OPEC+ agreement

The Nigerian National Petroleum Corporation (NNPC) has reiterated its commitment to abide by the output cut…

Crude Oil: Nigeria’s Bonny Light price stabilises at $50 per barrel

About seven days to the end of the year, the crude oil price for Nigeria’s Bonny…

Shell rejects purported takeover of Kidney Island, OML 11 interests by Rivers govt

  The Shell Petroleum Development Company of Nigeria Limited (SPDC) has dismissed the purported takeover of…

Marketers kick against N5 reduction in petrol pump price

Against the backdrop of the N5 reduction in the price of Premium Motor Spirit (petrol) announced…

Buhari rolls out autogas plan Dec 1…one million vehicles for conversion in 2021

The President, Muhammadu Buhari will on Tuesday December 1, 2020 roll out the much awaited National…

Supreme Court dismisses Shell’s application to review Ogoni N17bn judgment

The Supreme Court on Friday dismissed an application by an oil giant, Shell Petroleum Development Company,…

Why we shut down refineries – NNPC boss

The Group Managing Director (GMD) of Nigerian National Petroleum Corporation (NNPC), Mr Mele Kyari, says the…

Oil prices rebound to 8-month high on vaccine hopes

Global oil prices hit the highest level since March on Tuesday, rising above $47 per barrel…

Buhari, only president who never asked NNPC to do something – Kyari

  The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Malam Mele Kyari, said…

Nigeria to resume fuel imports from Niger Republic

Nigeria, Africa’s biggest oil producer, is set to resume the importation of petroleum products from a…

Sylva: Like diesel and kerosene, Nigerians will get used to petrol deregulation

Timipre Sylva, the minister of state for petroleum resources, says Nigerians will get used to the…

PENGASSAN Strike: NNPC says no need for panic buying

The Nigerian National Petroleum Corporation (NNPC) on Tuesday dismissed mounting insinuation of possible scarcity of petroleum…

JUST IN: Petrol scarcity looms as oil workers down tools

Nigeria may face the scarcity of Premium Motor Spirit, popularly called petrol, in coming days as…

NNPC boosts power generation by 2,538MW, sells $139.5m crude in August

  The Nigerian National Petroleum Corporation (NNPC) has said that it supplied 727 Million Standard Cubic…

OML 40 explosion: No lives lost, says NNPC

  The Nigerian Petroleum Development Company (NPDC), an upstream subsidiary of the Nigerian National Petroleum Corporation,…

EITI commends NNPC on publication of 2019 NNPC audited accounts

  The Extractive Industries Transparency Initiatives (EITI), a multi-stakeholder coalition that promotes extractives transparency and accountability…

NNPC debunks rumour of fuel scarcity, says over two billion litres in stock

The Nigerian National Petroleum Corporation (NNPC) on Monday, dispelled insinuations of fuel scarcity in the country,…

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