NNPC, partners to earn over $760m revenue from OML 130 gas supply agreements
ABUJA – The Nigerian National Petroleum Corporation (NNPC) and its partners in the Oil Mining Lease (OML 130) Production Sharing Agreements (PSA) and Production Sharing […]
Nigerian National Petroleum Corporation (NNPC)
Senate Summons NNPC’s GMD Kyari Over Petroleum Industry Bill
The Nation reports that the Senate on Tuesday said it has invited the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mr Mele […]
We’ve refunded $300m NNPC deposit – Polaris Bank
The Managing Director of Polaris Bank, Mr Innocent Ike, has said that the bank has refunded the $300 million lodged with the bank by the […]
Nigerians Lament As Petrol Cost Hits N256, Subsidy N150b
The Nigerian National Petroleum Corporation (NNPC) has announced that the cost of a litre of petrol has hit N256 and it is absorbing between N140-N150 […]
Court orders Mobil, NNPC to pay Akwa Ibom communities N82b over oil spillage
A Federal High Court in Abuja has ordered Mobil Producing Nigeria Unlimited and its joint venture partner, Nigerian National Petroleum Corporation (NNPC) to, within 14 […]
Court rejects EFCC’s request to amend charge in ex-NNPC GMD, Yakubu’s trial
A Federal High Court in Abuja has rejected an application by the Economic and Financial Crimes Commission (EFCC) to amend its charge in the $9.8million, […]
Petrol price negotiation still ongoing, says NNPC
The Nigerian National Petroleum Corporation (NNPC) Thursday said state governors do not run the affairs of the corporation, stressing that negotiation to determine a new […]
Buhari assures of stable fiscal, business policies
President Muhammadu Buhari has assured foreign investors who would venture into Nigeria from now on that fiscal policies would be more favourable, predictable and measurably […]
Why petrol subsidy will be removed now, by minister
Subsidy on petrol will soon be withdrawn, Minister of State for Petroleum Timipre Sylva, said yesterday. The minister told reporters there is no going back […]
Revenue projection in letter to AGF not reflection of corporation’s financial standing, NNPC clarifies
ABUJA – The Nigerian National Petroleum Corporation (NNPC) has clarified that the revenue projection contained in the letter to the Accountant General of the Federation […]
‘How ex-governors, others acquired 800 Dubai assets’
No fewer than 35 past and present governors and 299 former office holders in Nigeria have been linked with multi-billion choice properties in London and […]
NNPC increases daily PMS truck-out from 550 to 1,661 to tackle fuel queues
ABUJA – The Nigerian National Petroleum Corporation (NNPC) has increased the daily supply of Premium Motor Spirit (petrol) across the country from 550 trucks to […]
Fuel queues will soon disappear – NNPC
Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari, has assured the current queues at fuel stations in different parts of the […]
NNPC records N234.722b petrol sale
The Nigerian National Petroleum Corporation (NNPC) recorded about N234,722,222,150 from the sale of the Premium Motor Spirit (PMS) in January, this year. It supplied 1.44billion […]
NNPC records N234.722b petrol sale in January
The Nigerian National Petroleum Corporation (NNPC) recorded about N234, 722,222,150 from the sale of the Premium Motor Spirit (PMS) petrol in January 2021. It supplied […]
NNPC Signs $1.5 Billion Contract For Rehabilitation Of PH Refinery
The Nigerian National Petroleum Corporation (NNPC) has signed $1.5 billon agreement for the rehabilitation of the Port Harcourt Refinery in Alesa-Eleme, Rivers State. The agreement […]
$1.5bn Port Harcourt Refinery rehabilitation: Between sense, sentiments and sensationalism
•Mele Kyari, GMD, NNPC By Sadou Jattu Since last week when the Federal Executive Council (FEC) approved the sum of $1.5bn for the rehabilitation of […]
Nigeria Set to Play Strategic Role in New World Energy Order – Kyari
…Says Transition Fuels UnavoidableAs the world transits to cleaner energy, the Nigerian National Petroleum Corporation (NNPC) has affirmed Nigeria’s preparedness to play a strategic role […]
Peterside Atedo kicks against $1.5bn for repair of PH refinery
Founder of Stanbic IBTC and Anap Foundation, Atedo Peterside, has kicked against plans by the Nigerian National Petroleum Corporation (NNPC) to spend $1.5bn on repair […]
PMS: NNPC Says Ex-Depot Price Stays until End of Talks with Labour
The Nigerian National Petroleum Corporation (NNPC) has said it would maintain its current ex-depot price of Premium Motor Spirit (petrol) until the conclusion of ongoing […]