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Malam Mele Kyari, Group Managing Director of the Nigerian National Petroleum Company Ltd. (NNPC), says no national oil company in the world is as transparent as NNPC. Malam Mele Kyari He said this in reaction
Nigeria’s gas production level is set to hit 1,780 billion cubic feet (bcf) in 2022, up from 1,450 billion feet in 2021, a new report from African Energy Chamber (AEC) has shown. The report noted
The price of aviation fuel has increased by 121.4 per cent to N620 per litre in June 2022, from N280 per litre in the corresponding period of 2021, due mainly to the rising price of
On Tuesday, a UK Court ruled against Nigeria in its $1.7 billion fraud claim against JP Morgan Chase Bank over the transfer of proceeds from the sale of OPL 245 Malabu Oil Deal. The Judge,
The Federal Government, FG, has expressed optimism that the various funding arrangements amounting to about $4 billion it has put
Russian state-run Rosneft has confirmed an 82-million-ton oil discovery in the Pechora Sea in the Arctic. Rosneft discovered the field
President Muhammadu Buhari has stated that Nigeria will end use of kerosene