Oil markets unfazed by political turmoil of Trump’s first…
The ramifications of the Biden administration’s sanctions on Russia’s shadow fleet continue to roil oil markets, with the Brent-Dubai spread traded on ICE Futures...
IOC’s divestment: We facilitate, not hinder process – NNPC Ltd
The Nigerian National Petroleum Company Limited (NNPC Ltd), as the largest partner to all the oil producing companies in Nigeria, has assured that its...
NNPCL blames ‘logistics issues’ for fuel scarcity
The Nigerian National Petroleum Company Limited (NNPC Ltd) says logistics issues were responsible for the resurfacing of fuel queues in some parts of the...
NNPC Ltd, partners launch 5LNG plants in Ajaokuta
PRESS RELEASE
In furtherance of its efforts to deepen domestic gas utilization, in line with the Federal Government’s Gas Revolution Agenda, the NNPC Ltd and its partners...
NNPC denies reports of N3.3trn inflated subsidy claims
Abuja, June 10, 2024 – The Nigerian National Petroleum Company Limited (NNPCL) has denied reports of inflated subsidy claims to the tune of N3.3 trillion.
Olufemi...
Shell wins case on oil spill off Nigeria’s coastline
The UK Supreme Court on Wednesday ruled that it was too late for Nigerian claimants to file a lawsuit against two Shell l companies over an offshore oil leak from 2011, which they allege had a terrible long-term effect on the coastal region where they reside.
