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Quick Take| Oil production unlikely to reach pre-pandemic level in absence...

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SAT. 14 JANUARY, 2023-theGBJournal| According to the Nigerian Upstream Regulatory Commission (NUPRC), aggregate crude oil production (including condensates settled at 1.41mb/d in December (November:...

NNPC Limited, Morocco’s ONHYM and 5 West African countries executive MoU...

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TUE. 06 DEC, 2022-theGBJournal| The Nigeria-Morocco Gas Pipeline (NMGP) received a major boost Monday as NNPC Limited, Morocco's Morocco's National Office for Hydrocarbons &...

Bauchi and Gombe are Nigeria’s latest oil producing states as the...

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TUE, 22 NOV, 2022-theGBJournal| Bauchi and Gombe States, Nigeria, can now be classified as oil producing states like other oil producing states in the...

NNPC Limited acquires OVH Energy downstream assets

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SUN, 02 OCT, 2022-theGBJournal| The NNPC Limited said Saturday that it has completed the acquisition of OVH Energy Downstream assets. The acquisition puts the...

Could Nigeria’s oil industry be entering a new era?

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By NJ Ayuk ...The state-owned Nigerian National Petroleum Company (NNPC) recently became NNPC Limited, a commercial venture, as mandated by the PIA TUE, 06 SEPT, 2022-theGBJournal|...

NNPC responds as criticism mounts on its subsidy claims

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MON, 05 SEPT, 2022-theGBJournal| NNPC Limited Sunday published the total volume of Premium Motor Spirit (PMS or Petrol) imported into the country so far...

NNPC Limited poised for an Initial Public Offer by mid-2023, says...

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WED, 31 AUG, 2022-theGBJournal| NNPC Limited Group Chief Executive Officer, Mele Kyari said the Group is poised to initiate an Initial Public Offer (IPO)...

Quick Take| NNPC’s PMS under-recovery cost is a headache, swells to...

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MON, 22 AUG, 2022-theGBJournal| According to the recently released data from the Nigerian National Petroleum Corporation Limited (NNPC), the corporation incurred N319.18 billion (or...

Commodities Watch| Cooking Gas, Household Kerosene and Diesel price spike again...

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SAT, 20 AUG, 2022-theGBJournal| The average retail price for refilling a 5kg Cylinder of Liquefied Petroleum Gas (Cooking Gas) increased by 4.25% on a...

National Economic Council sub-committee to consider Governors’ concerns over ownership of...

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…Receives briefing on crude oil production & security as well as from Nigeria Sovereign Investment Authority FRI, 19 AUG, 2022-theGBJournal| State governors Thursday raised a...