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Oil and Gas

Tompolo’s Security Services Outfit Arrests Massive Vessel On Illegal Crude Oil Theft Operation

The pipeline surveillance contract recently awarded to Tantita Security Services Limited by the Nigerian National Petroleum Company Limited (NNPCL) to assist curb oil theft and pipeline vandalism in the country, appears to be yielding targeted results. Tantita Security Personnel on…

NNPC Declares N674bn Profit After Tax For 2021

For the second year in a row, the Nigerian National Petroleum Company (NNPC) Limited on Tuesday declared a profit after tax of N674bn. The Group Chief Executive Officer of NNPC, Mele Kyari, in Abuja said the NNPC as a corporation…

Roadmap for New NNPC Hinges On PIA – Okadigbo

Sen. Margery Okadigbo, Chairman, Board of Directors, Nigerian National Petroleum Company Limited (NNPC) says roadmap for new NNPC will be hinged on the Petroleum Industry Act (PIA) 2021. Okadigbo made this known on Tuesday in Abuja at the ongoing 21st…

HURIWA Decries Corruption in Buhari’s Government, Demands Resignation of NNPC Boss Over $7bn Petrol Subsidy Diversion

Civil rights advocacy group, Human Rights Writers Association of Nigeria, (HURIWA) on Thursday, said the alleged diversion of $7 billion petrol subsidy under the regime of the President, Major General Muhammadu Buhari (retd.), is the very height of gargantuan corruption…

BREAKING: Tragedy as Petrol Tanker Goes in Flame in Lokoja

By Idris Isah Casuaties as Petrol to tanker explodes in Lokoja, killing some unsuspected number of victims and millions of properties also in flames. An eye witness confirmed that the tanker had fallen down while negotiating the Ganaja village round…

Rights Group Carpets NNPC Over Return of Fuel Queues

Following a resurgence of fuel queues in the nation’s capital and the tepid excuses for the scarcity just offered by the Nigerian National Petroleum Company (NNPC), Prominent Civil rights advocacy group- HUMAN RIGHTS WRITERS ASSOCIATION OF NIGERIA (HURIWA) has told…

Airline Operators Withdraw Shutdown Threat Hours To Deadline

The Airline Operators of Nigeria (AON) has suspended its decision to withdraw its services across all airports in the country hours to its Monday deadline. It explained that the suspension of the decision was in the interest of the national…

FG Reacts To Airline Operators’ Threat To Shutdown Operations on Monday

The Federal Government (FG) has reached to the plans by local airline operators in Nigeria to shutdown operations over the rising cost of aviation fuel. On behalf of the Nigerian government, the Federal Ministry of Aviation appealed the to local…

Full Statement As Nigerian Airline Operators Set Date for Shut Down

The Airline Operators of Nigeria have announced suspension of their operations from Monday, May 9, following a rise in cost of jet A1 and other costs. The airlines – Azman Air, Max Air, United Nigeria Airways, Ibom Air, Air Peace,…

107 Million Barrels of Crude Oil Missing – Auditor General

The audit report of the Auditor General for the Federation has revealed that the defunct Nigeria National Petroleum Company (NNPC) failed to account for about 107,239,436.00 barrels of crude oil lifted for domestic consumption in 2019. The disclosure formed part…