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December 14: Marketers Fail to Comply With N5 Reduction in Petrol Price

Breaking: FG Reduces Price of Fuel

The Federal Government has announced a reduction in the pump price of premium motor spirit, also known as petrol, from N168 to N162.44 per...
NNPC Sells $120.49m Worth of Crude Oil, Gas in September

NNPC Raises Petrol Depot Price, Product May Sell at N168-N170/litre

The Petroleum Products Marketing Company, a subsidiary of the Nigerian National Petroleum Corporation, has increased the ex-depot price of Premium Motor Spirit, also known...

OVH Depot Fire: Incident Won’t Disrupt Petrol Supply, MOMAN Assures

        … DPR says fire has been contained The Major Oil Marketers Association of Nigeria (MOMAN) has assured members of the public that the fire...
Petrol Tops Nigeria’s White Products Sales, Generates N1.9trn in 13 Months

Again, NNPC Extends Oil Swap Contracts For 6 Months

The Nigerian National Petroleum Corporation (NNPC) has extended for six months its contracts with private companies to swap crude oil for fuels, two sources...
Marketers Gear for Showdown with FG Over Fuel Pump Price Reduction

IPMAN to FG: Scrap PPPRA, PEF Now!

The relevance of the Petroleum Products Pricing Regulatory Agency (PPPRA) and the Petroleum Equalisation Fund (PEF) is deemed lost in the face of full...
Kenya Slashes Petrol, Diesel and Kerosene Prices

FG Hands-Off Control Over Petrol Price, Says Marketers now Free to...

The Federal Government on Tuesday announced that it would no longer get involved in fixing of price band for Premium Motor Spirit (PMS) popularly...
Less Than 40% of Nigeria’s Oil Pipelines Operational – NNPC

Nigeria Posts Remarkable Oil and Gas Earnings Despite Covid19

  ...oil revenues rose by more than a 100% between May and June Nigerian National Petroleum Corporation (NNPC) have said that Nigeria's oil revenues rose by...

NNPC records trade surplus in May

Oge Obi. The Nigerian National Petroleum Corporation (NNPC) has disclosed that it recorded a trade surplus of N18.12 billion in the month of May, a...

Shell Shuts Trans Niger Pipeline

The Trans Niger Pipeline in Gio, Tai Local Government Area of Rivers state has been shut by Shell Petroleum Development Company (SPDC) of Nigeria...

Senate constitutes Committee to probe non-remittance of N1tn by NNPC

The Senate wednesday constituted an ad hoc committee to probe the allegation by the National Extractive Industries and Transparency Initiative (NEITI) that Nigerian National...

NNPC to unbundle PPMC into three companies

  ABUJA-REFORM, cleansing and restructuring of Nigeria’s oil and gas industry has taken a step further as Nigeria National Petroleum Corporation, NNPC has announced moves...