Chinese Company to Finance $2.5bn Pipeline Project -NNPC
Chinese Company to Finance $2.5bn Pipeline Project -NNPC Mallam Mele Kyari, the Group Managing Director, Nigerian National Petroleum Corporation, said the corporation has agreed to…
NNPC
NNPC Announces Commitment to Grow Domestic Gas Utilization to 5bcfd by 2022
NNPC Announces Commitment to Grow Domestic Gas Utilization to 5bcfd by 2022 The Nigerian National Petroleum Corporation (NNPC), has announced its commitment to grow domestic…
Shell Says FG Losing $620,000/Day to Vandals
Shell Calls For Support to Tame Vandals Shell Petroleum Development Company of Nigeria Limited (SPDC) has said the Federal Government is losing at least 10,000…
106 Pipelines Vandalised in June –NNPC
106 Pipelines Vandalised in June –NNPC The Nigerian National Petroleum Corporation (NNPC) on Sunday said it has recorded 106 pipelines breaches in June 2019. It…
NNPC Admits N77.92bn Under-Remittance, Reminds FG of N797bn Debt
NNPC Admits N77.92bn Under-Remittance, Reminds FG of N797bn Debt The National Petroleum Corporation (NNPC) has acknowledged that it under-remitted N77.92 billion (approximately N78 billion) to…
FG Spends N851.4bn on JV Oil Assets
FG Spends N851.4bn on JV Oil Assets The Federal Government, through the Nigerian National Petroleum Corporation, spent a total of N851.38bn ($2.79bn) on joint venture…
NNPC Spends N206.6bn on Fuel Subsidy in Two Months
NNPC Spends N206.6bn on Fuel Subsidy in Two Months The Nigerian National Petroleum Corporation (NNPC) reported that the cost of subsidising Premium Motor Spirit, popularly…
NNPC Suspends Cash Call Payment to Italy’s Eni
NNPC Suspends Cash Call Payment to Italy’s Eni The Nigerian National Petroleum Corporation (NNPC) has suspended cash call repayments to Italian oil major, Eni, for…
Govt Won’t Renew Expired Oil Block Licences –NNPC Boss
Govt Won’t Renew Expired Oil Block Licences –NNPC Boss There is no immediate plan by the Federal Government to renew the expired oil block licences,…
High Subsidy Cost: Senate Demands Answers from NNPC Over Modular Refineries
High Subsidy Cost: Senate Demands Answers from NNPC Over Modular Refineries The high cost of subsidising refined petroleum products for Nigerians is hurting economic growth…