Energy

NNPC loses $700m monthly to oil theft

The Nigerian National Petroleum Company Limited (NNPCL) has disclosed that it lost $700 million monthly to crude oil theft. The…

4 years ago

Police arrest 2 suspects for operating illegal petrol refining site

Police operatives attached to the IGP Special Task Force on Petroleum and Illegal Bunkering (IGP-STFPIB) have arrested two suspects after…

4 years ago

Oil marketers embark on strike in northern states over N70bn claims

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has embarked on a three-day warning strike in some northern states over…

4 years ago

DisCos record N543bn revenue loss in 2020

The Nigerian Electricity Regulatory Commission (NERC) report has indicated that 11 distribution companies (DisCos) collected only N370 billion while N543…

4 years ago

NNPC: We’re ready for forensic audit of daily fuel supply

The Nigerian National Petroleum Company Limited (NNPC Ltd) has expressed readiness to submit itself for forensic audit of fuel supply…

4 years ago

Obaseki: It’s shameful Nigeria still imports fuel

Edo State Governor, Godwin Obaseki, has decried Nigeria's continued importation of petroleum products despite being one of the largest producers…

4 years ago

NNPC pays N297 per litre subsidy as petrol hits N462

The Nigerian National Petroleum Company Limited (NNPC Ltd) says it is paying N297 subsidy on every litre of Premium Motor…

4 years ago

Customs boss faults NNPC on fuel consumption, says subsidy fraudulent

The Comptroller-General of Nigeria Customs Service (NCS), Col. Hameed Ali (rtd), has faulted the Nigerian National Petroleum Company (NNPC) Limited's…

4 years ago

Energy Transition: Osinbajo departs for U.S.

Vice President Yemi Osinbajo, in the early hours of Wednesday, departed Abuja for the United States of America for global…

4 years ago

NNPC: Churches, mosques, communities involve in oil theft

The Group Chief Executive Officer of the Nigeria National Petroleum Corporation Limited (NNPC Ltd.), Mele Kyari, has again raised the…

4 years ago

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