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More NNPC depots coming — but existing 23 are less than functional

    More NNPC depots coming — but existing 23 are less than functional

The Nigerian National Petroleum Corporation (NNPC) says it will build more depots for petroleum products across the country.

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Petrol scarcity: NNPC sends 250 trucks to Lagos

    Petrol scarcity: NNPC sends 250 trucks to Lagos

The Nigerian National Petroleum Corporation (NNPC) says it has released 250 trucks of petrol to Lagos metropolis to combat scarcity. Ndu Ughamadu, the corporation’s spokesman, made this known in an

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PIGB will check outright stealing in oil sector, says NEITI

    PIGB will check outright stealing in oil sector, says NEITI

The Nigeria Extractive Industries Transparency Initiative (NEITI) says the passage of the petroleum industry governance bill (PIGB) will bring about professionalism and accountability in the oil sector. In a statement

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Shoreline agrees $530m loan to finance oil field — that’s good news for NNPC

    Shoreline agrees $530m loan to finance oil field — that’s good news for NNPC

Nigerian oil producing company Shoreline Natural Resources has signed an agreement with international energy and commodity trading group, Vitol, for a $530 million to fund the development of Nigerian onshore

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PIGB: Dogara asks Buhari to ‘act fast’ as Saraki sees end to fuel scarcity

    PIGB: Dogara asks Buhari to ‘act fast’ as Saraki sees end to fuel scarcity

Yakubu Dogara, speaker of the house of representatives, has asked President Muhammadu Buhari to, as a matter of urgency, sign into

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Rising crude oil prices ‘fuelling’ smuggling of petrol from Nigeria

    Rising crude oil prices ‘fuelling’ smuggling of petrol from Nigeria

Supply and distribution of premium motor spirit (PMS), commonly known as petrol, has risen by 50 percent over the past

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Crude revenue reaches 12-month peak — but fuel imports are a killjoy

    Crude revenue reaches 12-month peak — but fuel imports are a killjoy

Crude oil export revenue reached the highest mark in 13 months at the end of September 2017 but continued importation

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Despite NNPC’s ‘robust stock’, petrol queues are back in Abuja

    Despite NNPC’s ‘robust stock’, petrol queues are back in Abuja

Motorists have begun queuing up at filling stations to buy petrol which appears to be scarce.  

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Mobil ‘underpaid’ for renewal of three OMLs

    Mobil ‘underpaid’ for renewal of three OMLs

The Human and Environmental Development Agenda (HEDA), a non-governmental organisation, has alleged that Mobil Producing Nigeria underpaid for the renewal

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NNPC’s deficit spending keeps growing

    NNPC’s deficit spending keeps growing

NNPC’s oil and gas report for October 2017 shows a further increase in the corporation’s overall deficit spending — despite

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