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Nigeria’s state oil company plans power plants in Ajaokuta, Abuja

The Nigerian National Petroleum Corporation, NNPC plans to build power plants with combined capacity of 4600 megawatts in Abuja, Kaduna…

Marketers demand clamp down on private depots as fuel scarcity looms

Marketers of petroleum products have demanded a clamp down on the private depot in Apapa over alleged total disregard by…

Nigeria’s state oil company secures $3.7bn alternative financing in 3yrs, targets $38bn in revenue

The Nigerian National Petroleum Corporation has secured a total of $3.7bn in Alternative Financing Agreement in the last three years,…

Oil union lauds NNPC’s inland basins exploration, calls for return of refineries to profitability

The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has commended the Nigerian National Petroleum Corporation (NNPC) on…

NNPC, Chevron sign $1.7bn crude, gas production deal

Nigerian National Petroleum Corporation (NNPC) and Chevron Nigeria Limited (CNL) have executed the final phase of an Alternative Financing Agreement…

Oil exploration in Nigeria’s north east, for good of the country, says oil minister

Ibe Kachikwu, Nigeria's minister of state for petroleum, said oil exploration in the North East is for the good of…

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