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China ready to invest additional $3 billion in Nigerian oil operations

Abuja (Reuters) - China National Offshore Oil Corp (CNOOC) is willing to invest $3 billion in its existing oil and gas operation in Nigeria,...

I’ll privatise NNPC, allow Naira to float if elected President –...

By Alexis Akwagyiram and Paul Carsten     Abuja (Reuters) - Former vice president, Alhaji Atiku Abubakar, has declared that he will privatise parts of the Nigerian...

It is not true NNPC awarded $25 billion contract – Osinbajo

Vice President, Prof. Yemi Osinbajo, on Sunday debunked claims by the Nigerian media and social media commentators that the Nigerian National Petroleum Corporation (NNPC)...

Boko Haram attack on Nigeria oil team ‘killed more than 50’

More than 50 people were killed in a Boko Haram ambush on an oil exploration team in northeast Nigeria earlier this week, multiple sources...

NNPC/Shell Cup: Hensen Secondary School of Benin City clinches final ticket

Goal-hungry boys from Hensen Secondary School of Benin City, Edo State, booked the first slot in the finals of the ongoing 19th edition of...

54,000 youths compete for laurels as 19th NNPC/Shell All Nigeria Secondary...

Some 54, 000 students from 2,750 secondary schools across Nigeria are competing for honours in the 19th edition of the NNPC/Shell Cup now holding...

NNPC finalising $6 billion worth of oil-for-product swaps

By Libby George and Julia Payne LONDON (Reuters) - Nigeria's state oil company is in the final stage of signing $6 billion worth of deals...

Senate to investigate illegal $17 billion oil subsidies received by NNPC...

ABUJA (Reuters) - Nigeria's upper house of parliament will investigate allegations the state oil company illegally inflated funds it collected from an official subsidy...

NNPC records losses in August, September

 LAGOS (Reuters) - The Nigerian National Petroleum Corporation's (NNPC) reported a loss in September as persistently weak oil prices hurt Africa's biggest crude producer,...

Non-performing refineries will be shut down in December – Kachikwu

Abuja (NAN) Nigerian National Petroleum Corporation (NNPC) Group Managing Director, Dr Ibe Kachikwu, said refineries in the country performing below 65 per cent of...

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