Thursday, April 25, 2024
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NNPC warns against filling stations imitating its retail outlets

    NNPC warns against filling stations imitating its retail outlets

The Nigerian National Petroleum Corporation (NNPC) has asked the general public to be wary of filling stations imitating its retail outlets. The corporation raised the alarm in a disclaimer signed

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Oil prices hit 2-year high as OPEC+ agrees to continue production cuts

    Oil prices hit 2-year high as OPEC+ agrees to continue production cuts

Oil prices surged to the highest in more than two years on Tuesday, as the world’s biggest crude producers agreed on a gradual easing of production cuts. As of the

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DPR: 7,000 oil reserves discovered, only 1,700 producing

    DPR: 7,000 oil reserves discovered, only 1,700 producing

The Department of Petroleum Resources (DPR) says that out of 7,000 oil reserves that have been discovered in the country, only 1,700 of the reserves are currently producing crude oil.

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DPR concludes marginal field bid round — first in 18 years

    DPR concludes marginal field bid round — first in 18 years

The Department of Petroleum Resources (DPR) on Monday awarded letters to successful investors in the 2020 marginal field bid round programme. This is the first successful bid since 2003 when

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NNPC seeks equity participation in six private refinery projects

    NNPC seeks equity participation in six private refinery projects

The Nigerian National Petroleum Corporation (NNPC) says it is has identified at least six private refinery projects in which it

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NNPC to deduct N126bn from remittance to FAAC in June

    NNPC to deduct N126bn from remittance to FAAC in June

The Nigerian National Petroleum Corporation (NNPC) says it will deduct about N126 billion from its remittance to the Federation Account

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DRP to issue award letters for marginal oilfield

    DRP to issue award letters for marginal oilfield

The Department of Petroleum Resources (DPR) says it is ready to issue award letters to successful investors in the 2020

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Foreign oil firms in talks to acquire stake in Dangote refinery

    Foreign oil firms in talks to acquire stake in Dangote refinery

Dangote Group says three oil firms from Western and Middle East countries have initiated talks to buy a stake in

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Total rebrands as ‘TotalEnergies’ amid push into renewables

    Total rebrands as ‘TotalEnergies’ amid push into renewables

Total, a French multinational oil and gas company, has rebranded its name to TotalEnergies in a move to diversify towards

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As oil market becomes unstable, Russia and Nigeria must rethink energy partnership

    As oil market becomes unstable, Russia and Nigeria must rethink energy partnership

BY VIVIAN CHIME AND LIUBOV GLAZUNOVA In October 2019, Russia held the first Africa-Russia summit. Dozens of African leaders attended

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