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Nigeria national oil company data show production down 69% at new Lagos Aje oil field
New data from Nigerian National Petroleum Corporation (NNPC), the oil production arm of Africa's largest economy by gross domestic product,…
Diesel price falls 42% to N150 per litre as NNPC interventions bear fruits
The price of automotive gas oil (AGO) popularly known as diesel has fallen steadily from between N175 and N200 per…
NNPC signs $700 million joint venture to develop oil fields in country’s energy hub
Nigerian National Petroleum Corporation (NNPC) Thursday signed a joint venture to cover the more than $700 million cost of developing…
Nigeria maintains control of refineries, approves new national gas policy
The national government in Nigeria said Wednesday it would continue to maintain its hold on the country's four refineries with…
NNPC records N5.3bn trade deficit on environmental challenges
The Nigerian National Petroleum Corporation (NNPC) has reported a trade deficit of N5.27 billion as at April, 2017, which it attributed…
Indonesian firm to build refinery in Nigeria
The Federal Government’s plan to attract investment in modular refineries as part of efforts to boost local refining capacity has…
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