Nigeria’s state oil company says it will stimulate economic growth through aggressive gas development
Businessam Staff
October 19, 2017
Maikanti Kacalla Baru, group managing director of the Nigerian National Petroleum Corporation (NNPC), has stated that the Federal
Energy agency sees steady oil prices in 2018 on rising demand, supply by non-OPEC members
Businessam StaffOctober 12, 2017
The International Energy Agency (IEA) has said that though OPEC-led production cuts have helped to stabilise the oil market, crude
Nigerian firm, Oranto Petroleum, wins oil exploration deal in Uganda
Businessam StaffOctober 10, 2017
Nigeria’s Oranto Petroleum has signed two production-sharing agreements with Uganda to explore for oil and gas around Lake Albert, the
NNPC says non-transparency allegations are baseless as due process followed in the award of contracts
Foster ObiOctober 9, 2017
Nigeria’s state oil company Monday said allegations by Emmanuel Ibe Kachikwu, minister of state for oil, that the conduct of its group
Nigeria’s NNPC, other NOCs urged to transform into energy companies to avoid economic trap of lower oil prices
Businessam StaffOctober 5, 2017
African countries that have for decades depended on their national oil companies as a key source of revenue will need to rethink
NNPC set to incorporate research unit as limited liability firm
Businessam StaffSeptember 25, 2017
Maikanti Baru, Group Managing Director, Nigerian National Petroleum Corporation (NNPC), said the Research and Development Department
Nigeria to beef up daily oil production by 200,000b in 2018 from Egina project as NNPC accelerates local capacity devt
Businessam StaffSeptember 20, 2017
Nigeria’s Egina oil project would add about 200,000 barrels of oil to the nation’s daily crude production when completed in the fourth
NNPC assures Nigerians of uninterrupted supply of petroleum products despite Apapa jetty fire
Businessam StaffSeptember 18, 2017
The Nigerian National Petroleum Corporation (NNPC) has assured motorists and other consumers of petroleum products nationwide that the
Oil outlook brightens as prices near $56 on rising demand
Businessam StaffSeptember 15, 2017
Though oil prices opened the week lower, there are expectations Friday that they are on course for weekly gains, the third in a row in
Danish govt taps into Nigeria’s N800bn animal feeds market with 10% equity financing in NNPC, Unibio A/S JVC
Businessam StaffSeptember 14, 2017
In a bold move to tap into Nigeria’s N800 billion animal feeds market, the Danish government is to guarantee a 10 percent equity