The Nigerian National Petroleum Corporation, NNPC has announced a total export receipt of $471.90 million for the month of July 2017 as against $219.34 million posted in June 2017.
According to the July edition of the Monthly Financial and Operations Report of the Corporation which was made...
The Nigerian National Petroleum Corporation (NNPC) on Tuesday said it has partnered with United States-based Halliburton Corporation to use its innovative Neftex solution to exactly locate viable crude oil deposits in Nigeria’s inland basins.
NNPC explained that with its expected use of...
The Nigerian National Petroleum Corporation, NNPC, said it has repaid its N450 billion indebtedness to the Federal Government.
The NNPC in its April 2017 Monthly Financial and Operations Report, released yesterday, said the last tranche of the sum was paid in March 2017, after paying N6.33...
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The Nigerian National Petroleum Corporation, NNPC, Sunday, said it has crashed the price of Automotive Gas Oil (AGO), also known as Diesel, to between N175 to N200 per litre across the country.
The Group General Manager, Public Affairs, Mr. Ndu Ughamadu, in Abuja, that this downward price trend...
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The Nigerian National Petroleum Corporation (NNPC) oil search in the Northeast on the order of President Muhammadu Buhari is said to have suffered a major setback over the deferment of the return of equipment and personnel to exploration site in the Lake Chad.
New Telegraph put it that over...
President Muhammadu Buhari as at his latest trip to the United Kingdom for medical follow-up, has asked the Minister of State for Petroleum Resources, Dr. Ibe Kachikwu to take up “go ahead with some critical decisions, including, but not limited to overseeing the forthcoming oil bloc allocations...
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Vice President Yemi Osinbajo investigative panel on the suspension of Secretary to the Government of the Federation (SGF), Engr. Babachir Lawal, and Director General of the National Intelligence Agency (NIA), Ayodele Oke, has invited governor of the Central Bank of Nigeria (CBN), Godwin Emefiele...
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The Nigerian National Petroleum Corporation on Thursday sacked three of its senior officials and deployed four others to man the vacant positions.
Although the corporation did not state why it sacked the officials, it was gathered that the affected directors were involved in the N11bn missing...
The management of the Nigerian National Petroleum Corporation (NNPC) has asked four top officials of the agency to leave.
PREMIUM TIMES reports that the four were asked to depart last Thursday over the ‘missing’ petrol scandal involving Capital Oil & Gas Nigeria Limited owned by...
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The Nigerian National Petroleum Corporation (NNPC) on Thursday alerted the public of adulterated petroleum products.
NNPC Group General Manager, Public Affairs Division, said caution by consumers could forestall explosion, knockdown of engines, equipment or any such other ugly incidents leading...
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Ifeanyi Uba, the owner of Capital Oil, has been arrested and detained by Nigeria’s Department of State Services (DSS).
The arrest may be unconnected to his fraud saga with the Nigerian National Petroleum Corporation, NNPC.
He was accused of embezzling funds from an illegal sale of crude oil...
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Senator Dino Melaye today revealed the many places corrupt Nigerians hide their loot.
Melaye made the disclosure on the floor of the senate while calling for a probe into the affairs of the Nigerian National Petroleum Corporation (NNPC).
“Monies are not accounted for and that might be the...
The Nigerian National Petroleum Corporation (NNPC) said it hopes to ramp up crude oil production above the country’s budget benchmark of 2.2 million barrels per day (b/d) by the end of the second quarter of 2017 due to the restoration of critical export pipelines and the peace so far achieved in...
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A federal judge in Lagos yesterday ruled the sum of $153 million (N34 billion) linked to a former Petroleum Minister Mrs Diezani Allison-Madueke be forfeited to the Federal Government.
Justice Muslim Sule Hassan of Federal High Court ruled in favour of the anti-graft agency, the EFCC, which...
The Nigerian National Petroleum Corporation (NNPC) has issued a statement discrediting claims that it was planning to increase the price of Petrol.
Ndu Ughamadu, spokesman of the NNPC in a statement issued on Wednesday night advised Nigerians not to engage in any panic buying of petroleum...
The Nigerian National Petroleum Corporation, NNPC on Sunday blamed oil marketers in the country for the excruciating scarcity of kerosene and Liquefied Petroleum Gas, LPG, also known as cooking gas.
The price of cooking gas had shot up from about N3,500 in most places before the Christmas...
The Nigerian National Petroleum Corporation is set to explore for crude oil in the Gulf of Guinea in a bid to increase the country’s reserves.
The Group Managing Director of the national oil firm, Dr. Maikanti Baru, said on Thursday that the corporation will also search for crude in other...
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The Nigerian National Petroleum Corporation (NNPC) has carried out a major appointment and redeployment of about 109 of its staff to various positions in a decision reportedly aimed at increasing its productivity.
In a podcast to members of Staff on Monday, the Group Managing Director of the...
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The Nigerian National Petroleum Corporation, NNPC has confirmed that the search for crude oil in the North-East has commenced in earnest.
The commission revealed that it had succeeded in mounting a Global Positioning System, GPS, monument at the Kolmani oil well in the region, in a statement on...
The Nigerian National Petroleum Corporation has stopped the importation of Dual Purpose Kerosene into the country for three months running, its latest financial and operations report has revealed.
The August 2016 edition of the Corporation's financial and operation report stated that the last...
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