Oil and Gas

Bayelsa signs power supply agreement with NCDMB

  With huge gas deposits, state wallows in power lack Ranks among financially insolvent states   Bayelsa State government has…

Finally, analysts get details as  NNPC publishes financials showing N278bn PAT

Analysts, including accountants, auditors and other financial experts who have held reservations over the historical N278 billion 2020 profit after…

57,000 manpower expected on site as Dangote Refinery heads to 2022 delivery 

  Canvasses Nigeria’s diversification from crude oil   The Dangote Refinery project is to increase the human capacity at the…

NNPC chief blames undersupply for hiccups in Nigerian gas value chain 

Mele Kyari, group managing director, Nigerian National Petroleum Corporation (NNPC), has explained that the present hiccups in the Nigerian gas…

NNPC begins preparations for IPO in 2024, reveals CEO Kyari

The Nigerian National Petroleum Corporation (NNPC), has set a three year target date for its public listing, giving strongest hints…

NNPC’s Kyari says price differentials fuels Nigeria’s petrol smuggling

  80% products consumed in 13 neighbouring countries from Nigeria But industry watchers advocate only in-country refining can lower costs…