Total to sell 25% stake to Qatar Petroleum

Total to sell 25% stake to Qatar Petroleum

French oil and gas group, Total, has agreed to sell a 25 per cent stake in the Exploration Block 11B/12B, offshore South Africa, to Qatar Petroleum, in a deal which Total said would strengthen its ties with the Qatari group....
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LNG Carrier, Pan Americas handed over to owner

LNG Carrier, Pan Americas handed over to owner

The liquefied natural gas (LNG) carrier Pan Americas, the second one constructed for the Queensland Curtis LNG Project, has been handed over to its owners.  Jointly owned by Teekay LNG Partners, China LNG Shipping International, and China’s CNOOC Limited,...
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NNPC seeks PPP arrangement for pipelines

NNPC seeks PPP arrangement for pipelines

Dr Maikanti Baru, Group Managing Director, Nigerian National Petroleum Corporation (NNPC), on Wednesday said its subsidiary companies would partner with the private sector to build more pipelines across the country. Baru said this in Abuja in a statement by th...
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NNPC Boss Laments Cross-Border Petrol Smuggling

NNPC Boss Laments Cross-Border Petrol Smuggling

The Nigerian National Petroleum Corporation (NNPC) on Wednesday raised alarm over the sustained nefarious activities of some cross-border fuel smuggling syndicates and hoarders which have so far impeded efforts by the Corporation to sanitize the fuel supply an...
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Edo to partner Sahara Energy on power, gas

Edo to partner Sahara Energy on power, gas

Edo State Governor, Mr. Godwin Obaseki, has explained that the state was developing a new tripartite arrangement involving the oil companies, the state government and host communities to ensure that Corporate Social Responsibility programmes achieve the desire...
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NNPC restores Escravos-Lagos pipeline, resumes gas supply

NNPC restores Escravos-Lagos pipeline, resumes gas supply

The Escravos-Lagos Pipeline (ELP) 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 (NNPC) which disclose...
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Baru: FG lost 148,533 million litres of PMS to diversion

Baru: FG lost 148,533 million litres of PMS to diversion

The Group Managing Director of Nigerian National Petroleum Corporation (NNPC), Maikanti Baru, on Thursday disclosed that the nation lost about 148,533000 million litres of fuel to diversion during the December fuel crisis in Nigeria.  Speaking at an investiga...
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Abuja motorists get more free fuel as NNPC, DPR, seal stations

Abuja motorists get more free fuel as NNPC, DPR, seal stations

Some motorists in Abuja on Wednesday got more free petrol as the Nigerian National Petroleum Corporation (NNPC) and the Department of Petroleum Resources (DPR) sealed more stations. The team had sealed the Khalif Civic Centre and Investment Limited at Kubwa,.....
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Sources fault Kachikwu’s alleged memo, clears Kyari

Sources fault Kachikwu’s alleged memo, clears Kyari

The alleged circulation of non-existent July 2017 memo, predicting the likely shortage of PMS by the Minister of State for Petroleum Resources, Dr. Ibe Kackiwu has been described as a  grand design to discredit and embarrass President Muhammadu Buhari and hi...
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NNPC, DPR uncover illegal fuel reservoirs in Abuja

NNPC, DPR uncover illegal fuel reservoirs in Abuja

A combined team of the Nigerian National Petroleum Corporation (NNPC), Department of Petroleum Resources (DPR) and security agents on Sunday uncovered illegal reservoirs of fuel in Abuja.  Speaking at the site of the mini depot, the Group Managing Director of...
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Priest, community leader condemn hike in product prices, services

Priest, community leader condemn hike in product prices, services

A Catholic Priest, Rev. Fr.  Gabriel Fatoye, has criticised some retailers and service providers for deliberating increasing prices of products and services during the Christmas season. Fatoye, an Associate Parish Priest of the Sacred Heart Catholic Church, O...
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Petrol pump price hits N250 per litre as DPR forces NNPC mega station to dispense product

Petrol pump price hits N250 per litre as DPR forces NNPC mega station to dispense product

The supply and price of Petrol in Anambra have worsened as customers now pay between N250 and N300 per litre in the state. Most filling stations in Awka and its environs had the product but refused to dispense.  However, the...
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NNPC releases 470 trucks of petrol to Lagos, Abuja

NNPC releases 470 trucks of petrol to Lagos, Abuja

 The Nigerian National Petroleum Corporation (NNPC) on Tuesday said it released 300 trucks of petrol to Lagos and 170 to Abuja, to stem long queues at filling stations. NNPC Spokesman, Ndu Ughamadu, announced the release in a statement in Abuja....
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NNPC adopts 24 hour depot, retail services

NNPC adopts 24 hour depot, retail services

The Nigerian National Petroleum Corporation (NNPC) has stated that its adoption of a 24-hour depot and retail services cleared the fuel queues in Abuja, Lagos and many states across the country.  NNPC Chief Operating Officer, Ventures and Chairman of the...
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