Tag: Nigerian National Petroleum Corporation

Nigerian state oil firm spent $5.8BN on fuel imports since late 2017

Nigeria’s state oil firm said on Tuesday it had spent $5.8 billion on fuel imports since late 2017, as it combats a fuel shortage that has left people queuing for hours at...

Nigerian economic body and state oil firm discuss gasoline price change

An economic body that advises Nigeria’s government is in discussion with the state oil company to determine whether gasoline is appropriately priced in the country, a state governor said on Thursday. The price...

Gas supply to Nigeria’s Escravos-Lagos Pipeline System restored

Gas supply to several power stations was cut off because of the fire on the Escravos-Lagos Pipeline System.

Fuel queues resurface in Nigeria

Fuel queues resurface in Nigeria

Nigeria’s state oil company says transparency allegations are baseless

Nigeria’s state oil company on Monday said allegations by the oil minister that the conduct of its group managing director lacked transparency were baseless. Emmanuel Ibe Kachikwu, in a letter to the president...

Nigeria cuts oil producing cost

Nigeria cuts oil producing cost

Nigerian National Petroleum Corporation awards 2017 crude oil contracts

State-run Nigerian National Petroleum Corporation has awarded its 2017 crude oil term contracts to 39 companies.

Nigeria's state oil company says could be crippled by Delta militancy

Militants calling for a greater share of the country's oil wealth to go the impoverished region have reduced Nigeria's crude oil output by 700,000 barrels per day (bpd) to 1.56 million bpd since the start of the year.