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…
The Nigerian National Petroleum Corporation has explained that it spent N966bn to repair pipelines between 2010 and 2015. NNPC stated this in response to the query raised in the 2016 report of the Auditor General for the Federation. The Chairman…
By Taofeek Lawal Despite the assurances from the Nigerian National Petroleum Corporation (NNPC) that there would not be any increment in the price of petrol in the month of March, black marketers have taken over the major streets of Abuja…
…Cautions against hoarding, panic buying …As Marketers shut stations By Ogaga Ariemu, Akinyemi Kehinde and Adeboye Faizat Contrary to speculations of imminent increase in the price of Premium Motor Spirit (petrol) in the country, the Nigerian National Petroleum Corporation (NNPC)…
…As Sylva launches upstream cost optimization The Nigerian National Petroleum Corporation (NNPC) has called on stakeholders in the oil and gas industry to join in working towards reducing operations cost to achieve the $10 or less per barrel production cost…
…Posts Crude Oil, Gas Export Sales of $108.84m …Releases 1,332.82 mmscfd gas to domestic market The Nigerian National Petroleum Corporation (NNPC) has announced a trading surplus of ¦ 13.43billion for the month of November 2020 up by 54% when compared to…
The Nigerian National Petroleum Corporation (NNPC) Staff Multipurpose Cooperative Society, Abuja, on Wednesday, said it would appeal the judgment of the Federal Capital Territory (FCT) High Court which invalidated the election of its officers. Counsel to the leadership of the society,…
