LAGOS—Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, yesterday said that the Federal Government is set to privatise the petroleum products pipeline network in the country to minimise the issue of perennial vandalism…

The Nigerian National Petroleum Corporation, NNPC, yesterday announced a loss of N240.987 billion in its operations for 10 months, between January and October 2015.

LAGOS — The Nigerian National Petroleum Corporation, NNPC, yesterday blamed the persistent fuel crisis on the continuous vandalisation of the System 2B pipeline at Arepo, sharp practices by oil marketers and the delay in the payment of outstanding subsidy claims to the marketers.

UGHELLI—A local vigilante group in Ughelli popularly referred to as Bakassi yesterday smashed a kidnap gang suspected to be terrorising Ughelli and environs and apprehended one of the suspected kidnappers.

ABUJA — The Nigerian National Petroleum Corporation, NNPC, yesterday, apologised to Nigerians for the hardship experienced in purchasing petrol, while it also stated that it had entered into a partnership with security agencies in the country to assist in the monitoring of fuel supply across the country.

Respite seems not to be in sight for motorists, as the fuel queues worsened, yesterday.  Motorists faced untold hardship in their quest to purchase Premium Motor Spirit, PMS, also known as petrol.

The announcement of Dr. Ibe Kachikwu, as Minister of State for Petroleum Resources did not come as a surprise to many. But what came as a shock, was his announcement on resuming office that he will also be retaining his job as the Group Managing Director, Nigerian National Petroleum Corporation, NNPC.

The Nigerian National Petroleum Corporation, NNPC, has commenced the publication of a daily petroleum products supply chart to check sharp practices by oil marketers across the country.

ABUJA— Motorists faced hard times as the fuel crisis situation continued across the country over the weekend with long queues witnessed in almost all the petrol stations selling the products.

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The House of Representatives ad-hoc committee on Refined Products Exchange Agreement/Crude Oil Swap, yesterday, said the Nigerian National Petroleum Corporation, NNPC; Crude Oil Department and Pipeline and Products Marketing Company, PPMC, were frustrating its investigative enquiry into crude oil swap regime.

Fifteen year-old Toyin Asogba from Lagos won her first junior title at the NNPC Junior Tennis championship which ended in Kaduna Sunday by beating Omolayo Bamidele from Ekiti 9-4 in the Girls 16 final.

ABUJA — The Nigerian National Petroleum Corporation, NNPC, has stated that the country is on the verge of discovering significant quantity of oil in the Lake Chad area, North-East Nigeria based on analysis of recent seismic 3D data generated from the Chad Basin.

The Nigeria National Petroleum Corporation (NNPC), says it recorded N38.67billion from the sale of downstream petroleum products in September.

The Nigerian National Petroleum Corporation (NNPC), yesterday, dissociated itself from the $25 million failed oil block bid deal by an Indian company, Oil and Natural Gas Corp-Mittal Energy Limited