…Govt losing $750m l9th House ready to change narratives about gas flaring — Gbajabiamila …As host communities insist on 10 per cent equity By Levinus Nwabughiogu Nigeria has elected to join the global community in achieving complete elimination of gas flaring in 2025.The Minister of State for Petroleum Resources, Chief Timipre Silva gave the commitment […]

As a move to achieve $10 per barrel crude oil production cost, the Nigerian National Petroleum Corporation, NNPC, has insisted on stakeholders’ collaboration in the oil and gas industry.

By Johnbosco Agbakwuru PRESIDENT Muhammadu Buhari has condoled with the family of the pioneer Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Chief Festus Marinho, who passed on recently, aged 87. In a letter to the Marinho family, the President described the deceased as a “skilled and knowledgeable person,” whom he worked with […]

House of Representatives Committee on Public Accounts has written to the Nigerian National Petroleum Corporation (NNPC) following the audit query of the Auditor-General of the Federation on the $20.3 billion illegal withdrawals from the Nigerian Liquefied Natural Gas (NLNG) account, requesting full details.

By Obas Esiedesa – Abuja The Nigerian National Petroleum Corporation (NNPC) has reported that it sold N2.015 trillion worth of petrol from November 2019 to November 2020. The corporation in a statement on Sunday said in the month of November 2020 it recorded a trading surplus of N13.43 billion up by 54 per cent when […]