NNPC signs $700 million joint venture to develop oil fields in country’s energy hub
Businessam Staff
June 30, 2017
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
Kelvin EgerueJune 28, 2017
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
Obodo EjiroJune 21, 2017
The Nigerian National Petroleum Corporation (NNPC) has reported a trade deficit of N5.27 billion as at April, 2017, which it
Indonesian firm to build refinery in Nigeria
Businessam StaffJune 21, 2017
The Federal Government’s plan to attract investment in modular refineries as part of efforts to boost local refining capacity has
Inflation to ease, firms operating cost to drop on declining diesel price
Obodo EjiroJune 19, 2017
The Nigerian National Petroleum Corporation (NNPC) claims of a reduction in diesel price by 42 per cent could positively ease the
Nigeria oil governance bill aims to split NNPC
Businessam StaffMay 26, 2017
The long-awaited oil governance bill passed by Nigeria’s upper chamber of parliament proposes breaking up the state oil company,
Nigeria could hit 2.2 million bpd oil output by end of June – Oando
Businessam StaffMay 24, 2017
The worst disruptions in Nigeria’s oil-producing Delta region are over, and production could reach 2.2 million barrels per day
NNPC finalising $6 bln worth of oil-for-product swaps
Businessam StaffMay 18, 2017
Nigeria’s state oil company is in the final stage of signing $6 billion worth of deals to exchange more than 300,000 barrels per