The construction of Greenfield refineries will commence this year in Kano and Kaduna, the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru has said. Baru Continue Reading
SIX days after unknown gunmen abducted five workers of Sahara Energy, an indigenous oil-servicing firm at a border community between Edo and Delta states, the whereabouts of the victims still Continue Reading
The Nigerian National Petroleum Corporation, NNPC, on Sunday said that it had released 250 trucks of petrol to Lagos metropolis for effective dispensing at filling stations to forestall any scarcity. Continue Reading
Aagitators have endorsed plans by Niger Delta Avengers, NDA, to resume hostilities in the region in the next few days over alleged discriminatory actions of the Federal Government against theoil-producingg Continue Reading
Despite assurances by the Nigerian National Petroleum Corporation, NNPC, of a return to normalcy in fuel supply, the fuel crisis worsened, yesterday, in Abuja, while transportation costs also rose astronomically. Continue Reading
Nigeria has moved closer to turning an oil industry bill into law after a 17 year struggle to complete the legislation which aims to increase transparency and stimulate growth in Continue Reading
Nigeria has filed a claim against JP Morgan Chase for more than $875 million, accusing it of negligence in transferring funds from a disputed 2011 oilfield deal to a company Continue Reading
The Niger Delta Avengers, a sporadic militant group in Nigeria, said Wednesday its next round of attacks targeting deep water operations will be bloody. Nigeria is a member of the Continue Reading
Nigeria is the second-worst country in terms of electricity supply out of 137 countries ranked by the Spectator Index. It is second only to war-torn Yemen, and its national grid Continue Reading
Nigeria’s crude oil production, including condensate hit 2.057 million barrels per day (bpd) in the month of December 2017. This is higher than the 1.93 million bpd including condensate recorded Continue Reading
