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NNPC seeks private companies for operations and maintenance of three major...

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Charles Ike-Okoh FRI 14 MAY, 2021-theGBJournal- The Nigerian National Petroleum Corporation (NNPC) is keeping to its words to use private operations and maintenance (O&M) companies...

Product prices jump in March 2021, with big leap in petrol

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By Azuka Christopher THUR 15 APRIL, 2021-theGBJournal- Sharp rise in consumer prices was recorded in March with the biggest leap in the cost of premium...

NNPC’s December 2020 trading surplus soars by 80.12%, posts petroleum products...

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FRI 26 MARCH, 2021-theGBJournal- The Nigerian National Petroleum Corporation (NNPC) has published its December 2020 Monthly Financial and Operations Report (MFOR). The MFOR shows...

Federal Government approves US$1.5 billion for Port Harcourt refinery repairs

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By Audrey Lotechukwu WED 17 MARCH, 2021-theGBJournal- The Nigeria Federal Executive Council (FEC) has approved a whopping $1.5 billion for the rehabilitation of the Port...

DPR intensifies surveillance of retail outlets

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MON 15 MARCH, 2021-theGBJournal- The Department of Petroleum Resources (DPR) said in a press statement today that it has intensified surveillance of filling stations...

Chief of Defence Staff pledges protection for NNPC’s critical national assets...

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WED 24 FEB, 2021-theGBJournal- The Chief of Defence Staff (CDS), Major General Lucky Irabor has expressed commitment of the Armed Forces of Nigeria (AFN)...

Heirs Holdings significantly expands oil and gas portfolio with acquisition of...

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Existing Production Capacity of 27,000 barrels of oil equivalent per day Estimated 2P Reserves of 1.2 billion barrels of oil equivalent Estimated Additional 1 billion...

PIB should seek to protect existing investments from value erosion

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By Lagos Chamber of Commerce and Industry MON 04 JAN, 2021-theGBJournal- The oil and gas industry is a major contributor to the Nigerian economy and...

President Buhari commissions Oredo integrated gas handling facility, says it’s a...

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TUE, 22 DEC, 2020-theGBJournal- President Muhammadu Buhari has said that Nigeria has moved a step closer to the nation’s dream of full utilisation of...

FG inaugurates bipartite technical committee on PMS pricing framework

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TUE, 15 DEC, 2020-theGBJournal- The Federal Government Monday inaugurated the Technical Committee on Premium Motor Spirit (PMS) Pricing Framework. Inaugurating the Committee in Abuja, Minister...