The Nigeria LNG Limited, the biggest gas exporter in the country, said it earned a total of $4.723bn last year, the lowest in seven years. The company, which was created to harness the nation’s vast natural gas resources and produce Liquefied Natural Gas and Natural...

The rate of pipeline vandalism in the country increased by 233 per cent in January this year compared to December 2016, the Nigerian National Petroleum Corporation has said. In its latest financial and operations report for January 2017, the national oil firm stated that pipeline...

…NNPC Vows to Restore Kano, Jos, Suleja Pipelines Products supply and distribution have received a major boost following the resumption of loading activities by the Nigerian National Petroleum Corporation (NNPC) at its Mosimi Area depot in Ogun State. Group Managing Director, Dr. Maikanti Kacalla Baru, who...

…As NNPC Cuts Losses by 16.19% The combined installed capacity utilization of the Nigerian National Petroleum Corporation’s refineries located in Port Harcourt, Warri and Kaduna increased by about 29 percentage points in January 2017 compared with their performance in December 2016. In the latest of the...

March Facts and Figures from the Ministry of Petroleum Resources attributed the reduction in crude oil production to the routine repair work going on at Shell Nigeria Exploration and Production Company Limited Nigeria’s average daily crude oil and condensate production has dropped from the two...

The Nigerian National Petroleum Corporation, NNPC says that the recent increase in bridging allowance to transporters from N6.20 to N7.20 per litre will not lead to an increase in the pump price of Premium Motor Spirit, PMS, also known as petrol from the prevailing...