OML 18: NNPCL, JV partner Dismiss Eroton as Operator The non-operating joint venture partners of Oil Mining Lease 18 have announced the  appointment of NNPC Eighteen Operating Limited as operator of OML 18 to replace Eroton Exploration and Production Limited. The Chief Corporate Communications Officer, Nigerian...

NNPC Backs Forensic Audit, Defends 68m-litre Daily Consumption   The Nigerian National Petroleum Company Limited (NNPCL) on Sunday insisted that daily supply of Premium Motor Spirit, popularly called petrol, across the country was 68 million and offered to submit itself for forensic audit of PMS supply...

Forex To Be Blamed For Rise In Cooking Gas Price, Says PENGASSAN         The Petroleum and Natural Gas Senior Staff Association of Nigeria has said that the greatest problem causing the rise in the cost of Liquefied Petroleum Gas, popularly called cooking gas, is the fall...

Fed Govt Plans One Million Gas-fired Vehicles By 2021       The Federal Government on Sunday announced that President Muhammadu Buhari, will roll out the National Gas Expansion Programme on Tuesday. It stated that based on this, one million vehicles would be converted to run on autogas before...

The Nigerian National Petroleum Corporation (NNPC) has generated N1trn as revenue from the sales of white petroleum products between September 2015 and August 2016. The NNPC revealed in its latest financial and operations report that the sales were made through its downstream arm, the Pipelines...

The Nigerian National Petroleum Corporation (NNPC) has increased the pump price of petrol at its retail outlets by N4 from N141 to N145 per litre. Though the new N145 price remains within the maximum price cap fixed by the federal government in May, this is...