A total of 254 indigenous and foreign owned entities have submitted bids for the sale and purchase of the Federal Government equity crude under the 2018/2019 crude oil term contracts.
The Escravos-Lagos Pipeline which came down last week as a result of a fire incident has been restored and gas supply to customers on the line including power generating companies resumed.
The Nigerian National Petroleum Corporation has no plan to execute an increase in the pump price of Premium Motor Spirit, otherwise called petrol.
Energy access in Africa is close to my heart. Bringing clean, renewable power to people instead of building coal-fired power stations is absolutely essential if we are going to tackle climate change.
The Federal Government has approved the establishment of a Liquefied Petroleum Gas extraction plant at Ikuru Town in Rivers state for Green Energy International Ltd, the Operator of the Otakikpo marginal field in OML 11.
The Nigerian National Petroleum Corporation, through its Downstream subsidiary, the Petroleum Products Marketing Company, sold and distributed a total of 1.352.86 billion litres of white products across the country in October, 2017.
A total sale of ₦151.42 billion was made on the petroleum products for white products by Petroleum Investment Management company in the month of September 2017, compared with ₦111.36 billion sold in the prior month of August 2017.
The Rivers State Government and Shell Nigeria Gas (SNG) have signed a Memorandum of Understanding (MoU) for the distribution of gas to industries in the Greater Port Harcourt area and its environs.
The Nigerian National Petroleum Corporation (NNPC) has achieved 98 per cent automation of all transactions involving the supply, marketing and sale of the various grades and blends of Nigeria’s crude oil across the world.
The Nigerian National Petroleum Corporation distributed and sold about 1.3billion litres of petroleum products throughout the country in the month of September, 2017.