By Energy Worth The House of Representatives on Wednesday, asked the Federal Government to suspend its planned sale of the Nigerian Liquefied Natural Gas Limited. It described the NLNG as one of the most successful and lucrative investments of the government, which should be left to run as a major public asset. Nigeria has 45…
Oil rose to a three-year high after the U.S. told buyers of Iranian crude they have six months to curb their purchases or face tough penalties. While the full impact of President Donald Trump’s decision to withdraw from the nuclear deal is still unclear, the re-imposition of far-reaching sanctions is expected to start reducing shipments…
The Nigerian National Petroleum Corporation (NNPC), has disclosed that Downstream subsidiary, the NNPC Retail Limited, now holds 14 per cent of the market share of petroleum products retail business in Nigeria. Group Managing Director of the NNPC, Dr. Maikanti Baru, made this disclosure at the 1st to 5th Annual General Meeting (AGM) of the NNPC…
