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Nigeria’s state oil company calls for simplified fiscal terms on Petroleum bill

Nigerian National Petroleum Corporation (NNPC) has urged the Senate to consider simplifying the fiscal provisions in the Petroleum Industry Fiscal…

Nigeria’s state oil firm direct sale–direct purchase agreement helping to keep steady product supply

The direct sale-direct purchase agreement (DSDP), adopted by the Nigerian government, which replaced the controversial oil processing agreement (OPA), has…

Nigeria imported 2.41bn litres of petrol in March 2018- NBS

Nigeria imported N349.45 billion worth of PMS in the month of March 2018, representing the highest volume of petroleum product…

Nigerian state oil firm orders retail subsidiary to capture 30% market share

The Nigerian National Petroleum Corporation’s (NNPC) downstream subsidiary, NNPC Retail Limited, has been directed to target 30 percent market share…

Nigeria’s state oil firm vows to relocate Escravos channel pipelines for seamless products supply

The Nigerian National Petroleum Corporation (NNPC) has said it would relocate pipelines along the Escravos channel to pave the way…

Nigeria’s state oil company partners Agip oil to increase power supply by 500 megawatts

The Nigerian National Petroleum Corporation (NNPC) and Nigeria Agip Oil Company Limited (NAOC), in a bid to increase power supply…

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