The Nigeria National Petroleum Corporation (NNPC) has restated its commitment to the partnership with the Government of Kebbi State for the production of biofuels, describing the project as viable and in tandem with the global transition to renewable energy. The…
The Nigerian National Petroleum Corporation (NNPC) has signed a contract with Maire Tecnimont S.p.A., an Italian Company, for the rehabilitation of the Port Harcourt Refinery Company (PHRC). The Group Managing Director, NNPC, Malam Mele Kyari, at the signing of the…
The Nigerian Content Development and Monitoring Board (NCDMB), the Nigerian National Petroleum Corporation (NNPC), Brass Fertilizer and Petrochemical Company Limited and DSV Engineering on Tuesday signed two key agreements for the construction of 10,000 tonnes per day methanol plant and…
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 engagement with the organized labour and other stakeholders. Addressing journalists in Abuja, the Group General…
The Group Managing Director of Nigeria National Petroleum Corporation NNPC, Mele Kyari, said the corporation can no longer bear the over N120 billion monthly subsidy for Premium Motor Spirit (PMS). Kyari stated this during the weekly media briefing organised by…
…Posts Petroleum products sale of N288.77bn The Nigerian National Petroleum Corporation (NNPC) has announced an increase of 80.12% in trading surplus for the month of December 2020 which stands at N24.19billion compared to the N13.43billion surplus recorded in November 2020.…
The Nigerian National Petroleum Corporation (NNPC) said on Monday that the $1.5 billion approved for the Port Harcourt refinery was for complete rehabilitation and not turnaround maintenance. The Group Managing Director (GMD), NNPC, Mele Kyari, said this in Abuja on…
…as FEC approves $1.5bn for Port Harcourt refinery rehabilitation The approvals made by President Muhammadu Buhari who is also the Minister of Petroleum on rehabilitation of the Nigerian National Petroleum Corporation (NNPC) refineries between 2015 and 2021 increased to N2.047 trillion in…
As a socially responsible entity, the Nigerian National Petroleum Corporation (NNPC) says it would do everything within its power to support the fight against drug trafficking in Nigeria. The Group Managing Director of NNPC, Mallam Mele Kyari,made the commitment Friday…
The House of Representatives Committee on Public Accounts on Tuesday, disagreed with the Nigerian National Petroleum Corporation (NNPC) on the interpretation of its Act. The disagreement was on the sections of the Act that dealt with remittance of funds to…
