Gas policy

NPDC remits over $608m as Royalty, Petroleum Profit Tax in 2016

The Nigerian Petroleum Development Company, NPDC, the upstream subsidiary Company of the Nigerian National Petroleum Corporation, NNPC, said it remitted over $608 million as...

NNPC: Sacks officials, replacements to be announced soon

The Nigerian National Petroleum Corporation (NNPC) on Thursday confirmed the disengagement of officials linked with missing 130 million liters of petrol. A high ranking source...

Nigeria’s daily oil production needs metering–Senator

A lawmaker, Sen. Stella Oduah, has urged Nigeria National Petroleum Corporation (NNPC) to put adequate metering system in place to enable Nigerians to know...

Oil prices rise with Libyan output disruption

A severe disruption to Libyan oil supplies and comments from officials suggesting OPEC could extend its production cuts deal to the end of the...

Oil marketers seek accounts reconciliation on alleged N40bn debt to FG

The Major Oil Marketers Association of Nigeria (MOMAN) has sought accounts reconciliation to ascertain the alleged N40 billion indebtedness as it denied owing the Federal Government...
Maikanti Kacalla Baru

NNPC owes Petrol marketers N800b

The Nigerian National Petroleum Corporation, NNPC is owing the Depot and Petroleum Products Marketers Association (DAPPMA) N600billion. Executive Secretary of the association, Mr Olufemi Adewole,...

 NNPC discharges 38.7m litres of aviation fuel for hitch free yuletide

In its bid to ensure a hitch-free air travel across the country during and after the yuletide period, the Nigerian National Petroleum Corporation (NNPC)...
DPR

DPR warns marketers against hoarding, adulteration of petroleum products

The Department of Petroleum Resources (DPR) has warned petroleum marketers to desist from hoarding, diverting and adulterating petroleum products. The DPR Director, Mr Mordecai Ladan,...

NNPC evolves scheme to boost gas supply by 285 %

The Nigerian National Petroleum Corporation (NNPC) and its partners have evolved a scheme to grow gas supply for domestic consumption by 285 percent. The NNPC...

Petroleum: Ijaw Youths seek speedy passage of other tranches of PIB

The Ijaw Youth Council (IYC) on Monday sought speedy consideration of other tranches of the Petroleum Industry Bill (PIB) that concerns the host communities. IYC,...