NNPC Ltd fulfils promise, delivers Port Harcourt refinery
For Area 5, the Engineering, Procurement, Construction, and Installation have all been completed. The mechanical completion signifies the closure of the Construction and Installation phases.
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Setting the record straight about NNPC’s remittance, opacity
Then, Sanusi had accused the NNPC of withholding over $49bn which he said ought to have been paid into government coffers.
OPINION: Subsidy removal – What went wrong?
In view of the above and the government’s frequent policy reversals, there is a need to have a close look at the management of subsidy removal by the current administration.
Bauchi, Gombe fight over Kolmani oil and gas field
Officials and residents of the two states have also accused each other of attempting to appropriate the site which is said to contain one billion barrels of crude oil reserves and 500 billion standard cubic feet of gas.
New oil field rekindles urgency of restructuring
The inauguration of drilling operations at the Kolmani River Oil Field that straddles Gombe and Bauchi states and with estimated reserves of over one billion barrels of crude potentially diversifies oil production from the Niger-Delta and brings the country closer to its ambition of growing crude oil reserves to 40 billion barrels.
Illegal pipeline: This time, unfailingly heads should roll
This time, heads should roll. Corrupt, complicit, and negligent officials and security personnel should be held responsible and visited with severe sanctions, including sackings.
Inside details of how Nigerian oil export terminal had theft line into sea for 9 years
The 4-kilometre (2.5-mile) connection from the Forcados export terminal, which typically exports around 250,000 barrels per day (bpd) of oil, into the sea was found during a clamp-down on theft in the past six weeks.
Could Nigeria’s oil industry be entering a new era?
Absolutely. Ultimately, helping Nigerians thrive is exactly what NNPC Ltd. can and should be accomplishing.
Aviation fuel: Airline operators, NNPC agree on three-month supply at N480/litre
The House of Representatives on Monday held a stakeholders meeting to resolve the crisis trailing the aviation fuel price increase, with the Nigerian National Petroleum Company Limited and domestic airline operators reaching a deal.
We don’t know exact daily petrol consumption —FG
As a country, we still cannot tell the exact volume of Premium Motor Spirit, popularly called petrol, which we consume on a daily basis, the Federal Government has said.