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Buhari regrets inconvenience caused by petrol, electricity shortages, apologises to citizens

President Muhammadu Buhari has expressed sincere regrets for the inconvenience caused to citizens of the country following a prolonged shortage…

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NNPC can’t account for missing 107.2m barrels of crude, Auditor-General reveals

The defunct Nigeria National Petroleum Corporation (NNPC) now NNPC Limited failed to account for about 107,239,436 barrels of crude oil…

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Fuel crises: Agony lingers as NNPC fails to deliver 2.3bn litres, marketer laments

By Dennis Mernyi Abuja It is either the Nigerian National Petroleum Company (NNPC) Limited that has roundly failed in its’…

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Nigeria currently has 1.9bn litres of petrol, enough to last for 32 days — Minister

Minister of State for Petroleum Resources, Mr Timipre Sylva, on Wednesday in Abuja updated the Federal Executive Council (FEC) on…

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Our sale, purchase agreement with ExxonMobil not terminated – Seplat Energy

Seplat Energy says its Sale and Purchase Agreement (SPA) with ExxonMobil has not being terminated. Mr Emeka Onwuka, Chief Financial…

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NNPC earns ₦37.50bn trading surplus in September 2021

By Dennis Mernyi, Abuja   The Nigerian National Petroleum Company Limited (NNPC Ltd) has announced a trading surplus of ₦37.50billion for…

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NNPC, Dangote, others sign deal to ensure massive gas supply

By Dennis Mernyi The Nigerian National Petroleum Corporation Ltd (NNPC) on Wednesday signed a deal with partners on gas aggregation…

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Petrol scarcity: NNPC begins loading at depots to clear queues

The Nigeria National Petroleum Corporation Ltd. (NNPC) has commenced loading of trucks at all depots to clear current scarcity experienced…

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NNPC, Dangote, Shell others sign deal on gas supply

The Nigerian National Petroleum Corporation Ltd (NNPC) on Wednesday sealed a deal with partners on gas aggregation to increase local…

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NNPC harps on full deregulation of downstream sector to boost domestic refining

The Nigerian National Petroleum Company (NNPC) Ltd. on Tuesday said full deregulation of the downstream sector would boost the country’s…

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