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IPMAN develops new strategy to tackle oil theft

In a bid to tackle oil theft and piracy, the Independent Petroleum Marketers Association of Nigeria (IPMAN) has developed a new strategy with its launching of sea surveillance patrols in Rivers State.

NNPC earns $4.6bn from crude exports

The Nigerian National Petroleum Corporation (NNPC) generated $4.6 billion as total crude oil and gas export receipts in 13 months (from June 2019 to June 2020). Details of the earnings were contained in the June 2020 Monthly Financial and Operations Report of NNPC.

US slashes Nigerian oil imports

In the first five months of this year, the United States cuts its imports of Nigerian crude oil to 9.37 million barrels, 11.67 million barrels lower than what it bought in the same period of 2019.

FG to end fuel importation – Sylva

The Minister of State for Petroleum Resources, Chief Timipre Sylva, says President Muhammadu Buhari is committed to putting an end to the importation of refined petroleum products into Nigeria.

$2.8bn AKK gas project won’t fail like others, NNPC

The Nigerian National Petroleum Corporation (NNPC) has assured stakeholders that the $2.8 billion Ajaokuta-Kaduna-Kano (AKK) gas pipeline project will not go the way of other such mega infrastructure in the country that failed in the past.

Lubricant producers should target the export market- DPR

The Director of the Department of Petroleum Resources (DPR), Mr. Auwalu Sarki, has enjoined lubricant producers in the country to look beyond the shores of Nigeria and target the export market in the distribution of their products.
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