nnpc news
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Business Nigeria to Earn Fresh $6.35b in Taxes, Royalties – Naijabizcom
The push by the Management of the Nigerian National Petroleum Corporation (NNPC) to increase crude oil production and grow the nation’s revenue profile gained momentum with the closure of $875.75m alternative financing deal for the Nigerian Petroleum Development Company (NPDC) operated OML 65...- Nigeria Business News
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Business Full Rehabilitation Of Refineries Begins January – NNPC – Nairaland
The nation’s refineries located in Port Harcourt, Warri and Kaduna will refine crude oil at optimum capacity come 2022, the Nigerian National Petroleum Corporation announced on Saturday night. NNPC’s Group Managing Director, Mele Kyari, who disclosed this during a facilities tour of the...- Nigeria Business News
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Business FG Eyes $6bn as NPDC, CPDC Sign $876m Deal – Thisdaylive
The Nigerian Petroleum Development Company (NPDC), a subsidiary of the Nigerian National Petroleum Corporation (NNPC), has signed a $876 million oil and gas deal with.... Read more via Thisdaylive – https://ift.tt/2AyOWCE Get more: Nigeria Business News- Nigeria Business News
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Business Nigeria loses $1.35 billion to oil theft in six months – Premium Times Nigeria
Nigeria has lost at least $1.35 billion to oil theft in the first half of 2019, Gov. Godwin Obaseki who heads a federal committee to check pipeline vandalism, said Thursday..... Read more via Premium Times Nigeria – https://ift.tt/2Odlfir Get more: Nigeria Business News- Nigeria Business News
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Business NNPC Agrees to $2.5bn Financing with Chinese Lender for Pipeline Project – Thisdaylive Newspaper
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has disclosed that the corporation has agreed to a $2.5 billion financing with a Chinese lender for pipeline project in Nigeria..... Read more via Thisdaylive Newspaper –...- Nigeria Business News
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Business Panic As Fire Guts Ibadan NNPC Depot – Tori News
A fire outbreak has engulfed the Ibadan NNPC depot, causing some serious commotion in the area. Accoding to Punch Metro, fire on Wednesday gutted the Apata Ibadan depot of the Nigeria National Petroleum Corporation..... Read more via Tori News – https://ift.tt/31aVkf4 Get more: Nigeria...- Nigeria Business News
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Business NNPC speaks on ‘fuel scarcity’ in ember months – Daily Post Nigeria
The Nigerian National Petroleum Corporation (NNPC) says it has robust supply of petroleum products that will sustain the country in the ember months and even beyond December..... Read more via Daily Post Nigeria – https://ift.tt/30Vs3ov Get more: Nigeria Business News- Nigeria Business News
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Business NNPC spends estimated N33.60/litre on petrol subsidy – Nairametrics
Yesterday, news filtered into the mainstream media that the Federal Government spent a whooping sum of N650.1 billion (US$1.8 billion) on subsidizing petrol consumption between April 2018 and March 2019. According to the media sources, the statistics were obtained from the Nigerian National …...- Nigeria Business News
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Business Massive shake-up at NNPC, several managers redeployed - Premium Times
The Nigerian National Petroleum Corporation (NNPC) has commenced the massive redeployment of managers especially in its upstream industry exploration and production subsidiary, the Nigerian Petroleum Development Company Limited (NPDC). read more- Nigeria News
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Politics NNPC Reports $226m Oil Revenue Drop in June – Thisdaylive
Earnings from oil and gas production in June were down by 44.65 per cent, indicating a value reduction of about $226.38 million between May and June 2019, data from the Nigerian National Petroleum Corporation (NNPC) have shown. NNPC, in its … Read more via Thisdaylive – https://ift.tt/2lRcH4V...- Nigeria Political News
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Business NNPC spends N19.4bn on refineries in one month – Newtelegraph
The Nigerian National Petroleum Corporation (NNPC) made N2.012 billion revenues on its ailing refineries and expended N19.433 billion on the same assets in one month.... Read more via Newtelegraph – https://ift.tt/30KJB6A Get more: Nigeria Business News- Nigeria Business News
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Business NNPC Records 77% Rise in Vandalism of Its Pipelines – Thisdaylive
The Nigerian National Petroleum Corporation (NNPC) yesterday disclosed that it recorded a 77 per cent rise in cases of oil pipeline vandalism on its network of pipeline infrastructure across the country in June..... Read more via Thisdaylive – https://ift.tt/2HqHj53 Get more: Nigeria...- Nigeria Business News
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Business Shell JV, SNEPCo have paid $2b to NDDC’ – Naijabizcom
The Shell Petroleum Development Company (SPDC) Joint Venture, Shell Nigeria Exploration and Production Company (SNEPCo) and its co-venture partners have contributed $2 billion to the Niger Delta Development Commission (NDDC)..... Read more via Naijabizcom – https://ift.tt/30vxRoq Get more...- Nigeria Business News
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Business NNPC claims Nigeria owes it N797bn — NEITI – Vanguard News
The Nigeria Extractive Industries Transparency Initiative, NEITI, today, stated that the Nigerian National Petroleum Corporation, NNPC, is claiming that it is owed N797 billion by Nigeria, comprising the Federal, State and Local Governments... Read more via Vanguard News –...- Nigeria Business News
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Business NNPC announces 15 companies as winners of Direct Sale and Purchase contract – Nairametrics
The Nigerian National Petroleum Corporation (NNPC) has announced 15 companies as winners of its 2019/2020 Direct Sale of Crude Oil and Direct Purchase of Petroleum Products (DSDP) arrangement. The announcement was made via a press release on Sunday by the Corporation’s Group General Manager...- Nigeria Business News
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Business Chinese Investment in Nigerian Oil at $16 Billion – Financial Tribune
Chinese investments in the oil and gas industry of Nigeria have reached $16 billion, according to a senior official at the Nigerian National Petroleum Corporation, but the industry needs even more to advance its production growth agenda. Vanguard quotes NNPC’s Group Managing Director Malla...- Nigeria Business News
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Politics House Of Reps Summons CBN, NNPC, Others – Nairaland
The House of Representatives has summoned heads of four government agencies to appear before it, Igbere TV reports. The agencies include the Central Bank of Nigeria (CBN), Nigeria National Petroleum Coperation (NNPC), Department of State Services (DSS) and the Nigerian Customs. The decision...- Nigeria Political News
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Business China’s oil investment in Nigeria hits $16bn mark – Newtelegraph
The investments are majorly made through China National Offshore Oil Corporation (CNOOC), which began its operations in the country in 2005. Vice President, CNOOC, Mr. Lu Yan Ji, … Read more via Newtelegraph – https://ift.tt/2Ml4Rwd Get more: Nigeria Business News- Nigeria Business News
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Metro Apply same measure to Dangote – Ali Baba reacts to Buhari’s order to CBN on forex, food importation – Daily Post Nigeria
Popular Comedian, Alibaba has reacted to President Muhammadu Buhari’s warning to the Central Bank of Nigeria, CBN, to stop providing foreign exchange for importation of food into the country.... Read more via Daily Post Nigeria – https://ift.tt/2Z3u3NX Get More Nigeria Metro News- Nigeria Metro News
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Business NNPC: Nigeria will Stick to OPEC’s Oil Output Quota – Thisdaylive
Nigeria will not break its commitment to the oil production adjustments agreed upon under the Declaration of Cooperation (DoC) between member countries of the Organisation of the Petroleum Exporting Countries (OPEC) and non-OPEC countries at their last ministerial meeting on July 2, 2019, the...- Nigeria Business News
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