NNPC Signs MoU With Gambian, Ghanaian Firms The Nigerian National Petroleum Company Limited has signed five memoranda of understanding with the national oil companies and relevant entities of five African countries on the Nigeria-Morocco Gas Pipeline Project. The five national oil companies and relevant entities were...

Fuel Scarcity: FG Refutes Increase in Fuel Prices  The Federal Government announced on Wednesday that it had no plans to increase the price of Premium Motor Spirit,  popularly called petrol during the Yuletide season. However, the government’s comments came amid a worsening and persistent fuel scarcity,...

NNPC Breaks Silence On Fuel Queues, Blames Situation On Road Projects   The Nigerian National Petroleum Company Limited (NNPC) has blamed the fuel queues in Lagos State and Abuja on some construction projects going on in the state. NNPC’s Executive Vice President, Downstream, Mr Adeyemi Adetunju, gave...

Marketers Project N350/litre Pump Price As Depots Sell N220/litre   The pump price of Premium Motor Spirit, popularly called petrol, could hit N400/litre at most filling stations before the end of this year, going by the continued scarcity of the product, oil marketers stated on...

NNPC, NIPCO, Lekki Free Zone Sign Gas Deal   The Nigeria National Petroleum Company Ltd and NIPCO Gas Limited have penned their signature on a gas infrastructure agreement with the Lekki Free Trade Zone Development Company. According to the companies, the agreement would strengthen gas supply to...

Kyari Tasks Stakeholders to Utilise Gas Resources The Nigerian National Petroleum Corporation (NNPC) Ltd., has called on  stakeholders to exploit the country’s huge oil and gas resources to boost the economy. The Group Chief Executive Officer, Mallam Mele Kyari, revealed this on Tuesday at the ongoing...