FG Losing N541b Annually for not Exploring 7 Deepwater Fields A new revelation has shown that the Federal Government is losing about $1.5 billion or N541...
Nigeria’s Oil Production to Increase by 35000bpd Following the resolution of the dispute between Shell Petroleum Development Company, Belema Oil and host communities on OML 25...
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 a...
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 gas...
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 barrels...
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 added...
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 the...
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 oil...
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 know...
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 three...