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Nigeria’s economic council doubts state oil firm, monitors petrol lifting
The doubt over the quantity of daily petrol consumption in Nigeria has prompted a decision to effect the closure of…
Nigeria’s state oil firm records ₦1.6bn operating loss as retailing, refining arm fail to generate profit
Nigeria’s state oil company, Nigerian National Petroleum Corporation (NNPC), made an operating loss of N1.6 billion in January 2018, while…
Nigeria’s Trans-Forcados oil pipeline shut due to leak -source
Nigeria’s Trans-Forcados pipeline which exports the Forcados crude oil is shut down for repairs to inspect a leak, a source…
Nigeria’s state oil firm issues crude oil contracts expected to last for two years
Nigeria's state oil company, Nigerian National Petroleum Corporation (NNPC), has issued crude export contracts that are expected to last two…
NNPC leans over JVs to contracting financing
The Nigerian economy runs on revenue from crude oil and the importance of effective financing of oil and gas projects…
NNPC committed to end fuel importation, names firms to finance refineries rehabilitation in June
The Nigeria state oil company will, in June, announce names of the selected companies that will finance the rehabilitation of…
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