Thursday, April 18, 2024
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NNPCL: Nigeria losing almost $150m to vandals every two days

    NNPCL: Nigeria losing almost $150m to vandals every two days

The Nigerian National Petroleum Company (NNPC) Limited says the country loses almost $150 million to vandals every two days which affects the capacity to make higher profits.  On Tuesday, NNPCL

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NNPC discovered illegal oil pipeline operating for nine years, says Kyari 

    NNPC discovered illegal oil pipeline operating for nine years, says Kyari 

The Nigerian National Petroleum Company Limited (NNPC) says it uncovered an illegal 4-kilometre (km) pipeline from Forcados terminal to the sea, and a loading port that had operated undetected in

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OPEC+ agrees to cut output by 2m bpd despite US push for bigger quota

    OPEC+ agrees to cut output by 2m bpd despite US push for bigger quota

Oil price topped $93 a barrel on Wednesday as the Organisation of Petroleum Exporting Countries (OPEC) and its allies, known as OPEC+, agreed to a major cut in the global

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Panic as petrol queues surface in Abuja

    Panic as petrol queues surface in Abuja

Queues for petrol have surfaced in Abuja as bad road networks on the Abuja-Lokoja expressway disrupted the supply of products to the northern part of the country. TheCable witnessed long

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PIA: NMDPRA engages stakeholders on proposed petroleum measurement, safety regulations

    PIA: NMDPRA engages stakeholders on proposed petroleum measurement, safety regulations

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says it has started consultations with stakeholders on new regulations in

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Reps committee probes spending of $7.8bn additional cost on Escravos gas project

    Reps committee probes spending of $7.8bn additional cost on Escravos gas project

A house of representatives’ ad hoc committee has queried the implementation of the Escravos gas-to-liquids (EGTL) project. The committee said

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NOSDRA, oil firm activate emergency response as fire ravages two oil wells in Rivers

    NOSDRA, oil firm activate emergency response as fire ravages two oil wells in Rivers

The National Oil Spills Detection and Response Agency (NOSDRA) has confirmed a report of a fire incident at two oil

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NNPC generated N674bn profit in 2021, says Kyari

    NNPC generated N674bn profit in 2021, says Kyari

The Nigerian National Petroleum Company (NNPC) Limited has declared a profit after tax (PAT) of N674 billion for the year

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Oil price nears $90 a barrel ahead of OPEC+ meeting

    Oil price nears $90 a barrel ahead of OPEC+ meeting

Oil prices rose on Tuesday amid expectations that the Organisation of Petroleum Exporting Countries and its allies, known as OPEC+,

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FG mulls reopening of Trans-Niger pipeline

    FG mulls reopening of Trans-Niger pipeline

The federal government says it is set to reopen the Trans-Niger Pipeline (TNP), a major pipeline that transports about 180,000

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