NNPC

NNPC explains cause of fire at Port Harcourt refinery

The state-run Nigerian National Petroleum Corporation (NNPC) has explained the causes of fire at the 145,000 barrel per day capacity PortHarcourt refinery. The statement from the corporation reads: “This morning, 01/01/2022, a minor fire incidence occurred at the Port Harcourt…

NNPC records N141.96bn trading surplus

The Nigerian National Petroleum Company (NNPC) Limited has announced a huge leap in trading surplus of N141.96 billion recorded in June 2021 compared to a deficit of N37.46 billion in May 2021. This is contained in the June 2021 figures…

NNPC subsidiary signs deal for LNG plant in Ajaokuta

Nigerian Gas Marketing Company, a subsidiary of the Nigerian National Petroleum Corporation, has, in partnership with Transit Gas Nigeria Limited, signed the Engineering, Procurement, Construction and Commissioning contract for the building of a small-scale liquefied natural gas plant in Ajaokuta,…

Badagry expressway gets N15bn NNPC tax credit boost

The Agbara-Seme border section of Lagos-Badagry expressway project will receive N15 billion of NNPC tax credit fund, Federal Controller of Works in Lagos, Olukayode Popoola, has said. Popoola told  journalists in Lagos on Sunday that the intervention fund would fast…