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NNPCL Denies Owing $6.8 Billion to International Oil Traders
The Nigerian National Petroleum Company Limited (NNPCL) has dismissed recent reports claiming it owes foreign…
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Questions and Doubts Surround the New Resumption Date for Port Harcourt Refinery
Once again, the announcement of the Port Harcourt Refinery’s upcoming resumption has sparked a mix…
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Nigeria’s Oil Output Rises to 1.27 Million Barrels Daily in June
The Organization of Petroleum Exporting Countries (OPEC) reported on Wednesday that Nigeria's average daily crude…
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NNPC Declares Emergency to Address Oil Production Challenges
The Nigerian National Petroleum Company (NNPC) Limited has officially declared an emergency aimed at tackling…
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Nigeria’s Gas Initiative Set to Generate $18.3 Billion in Annual Revenue
Nigeria is poised to unlock significant economic potential from its vast natural gas reserves, with…
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NNPC Reports Over 9,000 Infractions on Oil Pipelines in a Year, GMD Reveals
The Nigerian National Petroleum Company (NNPC) Limited has encountered an alarming 9,000 infractions on its…
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NNPC CEO, Mele Kyari, Calls for Greater Collaboration Between Academia and Oil Industry to Address Energy Challenges
Mele Kyari, the Group CEO of NNPC Limited, has emphasized the need for closer collaboration between…
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Afreximbank Releases $2.25 Billion Crude Oil Prepayment Loan to Nigeria
Afreximbank, a pan-African multilateral financial institution, has confirmed the initial disbursement of $2.25 billion under…