NNPCL Says, “Prices are Determined by Free Market Forces”
Read What It Said through Its Communications Department The Nigerian National Petroleum Company Limited (NNPC Ltd.) has stated that foreign exchange (forex) illiquidity has been...
Category : Oil Economy
EFCC’s Uncommon Commendation for NDDC
Those who follow the activities of the Niger Delta Development Commission, NDDC, may have been confused or bemused, hearing that the Chairman of the Economic...
Ghana Sets Out to Construct Africa’s Next Generation Petroleum Hub
Ghana is on its way to constructing a $12-billion strategic petroleum project (hub) which is expected to significantly enhance the country’s position in the global...
NNPC Releases its 2023 Audited Financial Statement
Posting N3.3trn Net Profit and Declaring N2.1trn Dividend Targets 2mbpd Crude Oil Production by Dec 2024 The NNPC Limited has released its 2023 Audited Financial...
NLNG Train 7: NCDMB Commissions Daewoo’s Galvanizing Plant
Highlights its significance to Africa’s Continental Free Trade Agreement Protocols The Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe...
Shell to invest in water injection at the GoM field
Shell Offshore Inc. (Shell), a subsidiary of Shell plc, has taken a Final Investment Decision (FID) on a ‘waterflood’ project at its Vito asset in...
Economic Sabotage: Count us Out – NNPC Ltd
The Group Chief Executive Officer of NNPC Limited, Mr. Mele Kyari has said the company has not breached any of the enabling laws guiding its...
Kyari Urges Military to Sustain Onslaught Against Crude Oil Theft
The Group CEO of NNPC Ltd., Mr. Mele Kyari, has called on the military to sustain the war against crude oil theft and pipeline vandalism...