The Nigerian National Petroleum corporation (NNPC) says it will not increase the ex- depot price of Premium Motor spirit also known as petrol in May. The Group Managing Director, Malam Mele Kyari, made this known at the end of a…
By Faizat Adeboye & Sola Olajide The total revenue generated by the Nigerian National Petroleum Corporation (NNPC) from crude oil and gas exports fell from $4.84 billion in 2019 to $2.62 billion in 2020. This is a decline of 45.87…
The Nigerian National Petroleum Corporation (NNPC) says it supplied 1.44 billion litres of Premium Motor Spirit (PMS) also known as petrol in January 2021. The corporation disclosed this on its Monthly and Financial Operations Report (MFOR) released in Abuja on…
The Nigerian National Petroleum Corporation on Thursday announced plans to resume active oil exploration in Sokoto Basin. A statement issued in Abuja on Thursday by NNPC spokesperson, Kennie Obateru, said the corporation’s Group Managing Director, Mele Kyari, said exploration for…
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.…
