The Nigerian National Petroleum Company (NNPC) Limited and the Central Bank of Nigeria (CBN) have set limits for the management of the oil firm’s revenue. In a statement on Thursday,
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Petrobarometer
The Nigerian National Petroleum Company (NNPC) Limited has announced the successful commencement of oil production from the Akpo West field, in Port Harcourt, Rivers state. According to a statement on
Ekperikpe Ekpo, minister of state for petroleum resources (gas), says although Nigeria is a leading gas-rich country, it faces challenges like gas flaring, inadequate infrastructure, pricing concerns, policy gaps, and
Tantita Security Services Limited (TSSL), a private security firm, says its operatives have intercepted a vessel conveying about 80,000 litres of stolen products suspected to be crude oil in Bayelsa.
Olayemi Cardoso, governor of the Central Bank of Nigeria (CBN), says foreign exchange (FX) earnings from oil exports declined from
The Nigerian National Petroleum Company (NNPC) Limited says it is working with the US Department of State and Deloitte, an
The Nigerian Association of Road Transport Owners (NARTO) says despite deregulation of the downstream sector, oil marketers have refused its
Kingsley Moghalu, former deputy governor of the Central Bank of Nigeria (CBN), has praised the decision to transfer revenue of
The Nigerian National Petroleum Company (NNPC) Limited says it held talks with a South Korean consortium led by Daewoo Engineering
The Dangote Refinery plans to import crude from the United States in the coming months. According to a Bloomberg report,
