NNPC Adopts 24 Hour Depot Retail Services to Clear Fuel Queues The Nigerian National Petroleum Corporation (NNPC) has stated that its adoption of a 24-hour depot and retail services cleared the fuel queues in Abuja, Lagos and many states across the country. NNPC Chief Operating Officer,...

The National Economic Council (NEC) will meet today to consider approving a policy that will end the payment of cash calls, Daily Trust learnt last night. A highly placed government official confirmed to our correspondent that the Minister of State for Petroleum, Ibe Kachikwu, will...

The large scale air pollution by international oil companies (IOCs) through gas flaring will officially continue in Nigeria until 2020, putting up $3.4 billion worth of gas up in flames during the period, New Telegraph has learnt. The Federal Government, which had since late 1970s...

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...

The Nigerian National Petroleum Corporation (NNPC) has said about $51 billion investment opportunities currently exist in the midstream and downstream gas sector to achieve the growth phase in the Industry in Nigeria, according to a statement by Group General Manager, Group Public Affairs Division,NNPC,...

Nigeria has recorded sustained increase in annual movement in external reserves and Oil Prices as inflation rate rose to 17.85 per cent in September this year against 17.61 per cent reported in August 2016. The rate was the highest since 20 percent recorded in February...