The Nigerian National Petroleum Company (NNPC) Limited posted a total of $224.29million receipt from crude oil and gas export in August 2021 as against $191.26million in July 2021. A breakdown of the figures captured in the August 2021 NNPC Monthly…
The Independent Petroleum Marketers Association of Nigeria (IPMAN) says it is discussing with the Nigerian National Petroleum Corporation Ltd (NNPC) and stakeholders on imported substandard Premium Motor Spirit (PMS). Elder Chinedu Okoronkwo, National President, IPMAN, disclosed this on Tuesday in…
…Loses N14.5bn on 50,000MT off spec cargo as FG threatens to sanction NNPC importer …Isolates adulterated fuel By OUR CORRESPONDENTS Fuel scarcity that slowly began in Lagos couple of days ago is gradually creeping into other parts of the country…
The Senate Committee on Petroleum Resources (Upstream) has commended the Nigerian National Petroleum Company Limited (NNPC Ltd) for repositioning the Nigerian oil and gas industry into a competitive business environment. The Chairman of the Committee, Senator Bassey Albert Akpan, gave…
…Pledges support for frontier exploration The Senate Committee on Petroleum Resources (Upstream) has commended the Nigerian National Petroleum Company Limited (NNPC Ltd) for repositioning the Nigerian oil and gas industry into a competitive business environment. The Chairman of the Committee,…
The Group Managing Director of the Nigerian National Petroleum Company Limited, Mele Kyari, on Thursday announced that the NNPC was working with AfrieximBank to raise $5bn financing for the oil firm. Kyari announcement came as the national oil firm told…
By Ariemu Ogaga and Uthman Salami Fuel queues have sharply returned to filling stations across Abuja on Wednesday cities despite the federal government’s decision to suspend and shelve the proposed subsidy removal which was initially slated to commence in June…
A Federal High Court in Lagos has directed the Nigerian National Petroleum Corporation (NNPC), Ministry of Petroleum Resources and National Petroleum Investment & Management Respondent Services (NAPIMS) from allocating crude oil to Addax Oil Exploration Plc. Justice Tijjani Ringim held…
The Group Managing Director/Chief Executive Officer of the Nigerian National Petroleum Company (NNPC) Limited, Malam Mele Kyari, has said that the Petroleum Industry Act (PIA) has provided the organization with the opportunity to shed some of its toxic liabilities. The…
Bauchi and Gombe States have appealed to the Federal Government and President Muhammadu Buhari, in particular, to pressurise the Nigerian National Petroleum Company (NNPC) Limited to begin oil and gas exploration in the two states in particular and the entire…
