The Nigerian National Petroleum Corporation (NNPC) plans to import crude oil from Chad and Niger to nourish its Kaduna refinery since it has been facing shortages as a result of constant militancy in the Niger Delta.
Nigeria and Spain have agreed to form a bilateral association in oil and gas industry, Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Kachalla Baru, announced.
The Nigerian National Petroleum Corporation (NNPC) said it recorded around $121.63m loss in February, when gas supply decline of 70mscf/d to power plants due to vandalism of the Forcados export line.
Nigeria will get $200m in badly-needed hard currency from oil majors to pay for fuel imports and ease petrol shortages that has hit the OPEC producer, the head of state-run oil firm NNPC said.
The head of the upstream division at Nigerian National Petroleum Corporation (NNPC) informed that production of Kaduna refinery plant is expected to restart by mid-April, Reuters reported.
Nigeria is in talks with oil majors Chevron, France's Total and Italy's ENI to get help revamping the ailing refineries in Africa's top crude producer, its oil Minister said.
Nigerian President Muhammadu Buhari has given approval for the Nigerian National Petroleum Corporation (NNPC) to import additional crude oil volume to guarantee supplies of Premium Motor Spirit (PMS) petrol with a go ...
Nigeria's Auditor-General has denounced that Nigerian National Petroleum Corporation (NNPC) withheld $16 billion in revenues from the federal government in 2014.