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Press Release

Electricity generation rises 7.6% to 4,089mw, as inadequate facilities hinder distribution

ELECTRICITY generation, weekend, rose by 7.6 percent to 4,089 megawatts, MW, from 3,800MW, according to data obtained from Nigeria Electricity System Operator, an autonomous...

PRESIDENT BUHARI DIRECTS INCORPORATION OF NNPC LTD, APPOINTS BOARD

President Muhammadu Buhari, in his capacity as Minister of Petroleum Resources, has directed the incorporation of the Nigerian National Petroleum Company Limited. This is in...

PRESIDENT BUHARI SIGNS PETROLEUM INDUSTRY BILL INTO LAW

PRESIDENT BUHARI SIGNS PETROLEUM INDUSTRY BILL INTO LAW President Muhammadu Buhari has signed the Petroleum Industry Bill 2021 into law. Working from home in five days...

President Mohammadu Buhari Signs Petroleum Industrial Bill Into Law

President Muhammadu Buhari has signed the Petroleum Industry Bill 2021 into law .Working from home in five days quarantine as required by the Presidential Steering...

2021 – 2022 DIRECT SALE OF CRUDE OIL AND DIRECT PURCHASE OF PETROLEUM PRODUCT (DSDP)

2021 – 2022 DIRECT SALE OF CRUDE OIL AND ... - NNPChttps://nnpcgroup.com › NNPCDocuments PDF21 Jan 2021 — NNPC shall deliver monthly crude oil lifting on Free on Board (FOB)...

Africa Oil announces the receipt of a prime dividend as well as a positive operational update for the Egina field.

Press Release Africa Oil Corp. has announced that it has received its seventh dividend from Prime Oil and Gas Cooperatief UA ("Prime"), which was paid...

Oil Workers Advocate Removal Of Import Restriction Clause From PIB

LAGOS  – Oil workers under the aegis of the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) and Petroleum and Natural Gas Senior Staff...

DPR clarifies issue on subsidy removal

The Department of Petroleum Resources (DPR) has clarified reports credited to the agency regarding removal of subsidy on Premium Motor Spirit (PMS) .A statement issued...

OPEC+ may hold ministerial meeting on July 18 – sources

Answering a question about whether the main issues that have prevented the ministers from completing the consultations have been settled, one of the sources...

Niger Delta leaders reject passed PIB, insist on restructuring

Leaders of Nigeria’s oil producing Niger Delta region under the auspices of Pan-Niger Delta Forum (PANDEF), have rejected the Petroleum Industry Bill (PIB), recently...

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