The Nigerian National Petroleum Corporation (NNPC) has commenced the rehabilitation of the 210,000 barrels per day capacity of Port Harcourt Refinery Complex (PHRC). The rehabilitation was to bolster Nigeria’s effort at ensuring local sufficiency....
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The Nigerian National Petroleum Corporation (NNPC) is to amend its planned northern corridor gas supply line to extend it to Algeria from Kano, a distance of over 2,000 kilometres according to calculations by Google map.
The corporation also stated that it is making progress in …
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The Nigerian National Petroleum Corporation (NNPC) has reported a trading surplus of ₦12.13billion in the oil and gas sector for December 2018. This is revealed in the Monthly Financial and Operations Report recently released by the corporation.
NNPC attributed the rise in revenue posted to...
Chevron Nigeria Limited (CNL), operator of the CNL and the Nigerian National Petroleum Corporation (NNPC) joint venture, on Wednesday, signed a Gas Sale and....
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President Muhammadu Buhari has ordered the re-entry of oil production in Ogoniland as well as full takeover of operatorship of Oil Mining Lease (OML) 11 from Shell Petroleum Development Company....
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THE Nigerian National Petroleum Corporation, NNPC, yesterday, stated that it has partnered with the country’s anti-corruption agencies and the Department of State Security Services, DSS, to recover assets worth over N771 million from some fraudulent oil marketers.....
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Nigeria is the destination for new projects in the oil and gas industry in Africa valued at over $48 billion, the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Maikanti Baru, has said.....
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Major international oil companies (IOCs) operating in Nigeria owe a collective tax arrears of about $20 billion, money the Government is now demanding that they pay.
Earlier this year, letters were sent to the defaulting companies by the Nigerian National Petroleum Commission, NNPC, seeking...
The Nigerian government asks the companies to pay between $2.5 billion and $5 billion. Nigeria orders oil giants to pay nearly $20 billion in taxes and outstanding royalties for oil and gas production....
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The revitalisation of Nigeria’s ailing refineries will be handled by Indian companies, the Nigerian National Petroleum Corporation (NNPC) made this known during a courtesy visit by a high profile commission of the South Asian country.
The Group Managing Director of the Corporation, Maikanti...
The production of crude oil in the Nigerian Petroleum Development Company (NPDC), has increased by 57,000 barrels per day.
The 57,000 barrels per day raise stands for 52.7 per cent growth in crude production by the oil company. The Group Managing of the Nigerian National Petroleum Corporation...
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The Nigerian National Petroleum Corporation, NNPC, yesterday, announced a trading surplus of N2.06 billion for November 2018, as against the previous month’s deficit of N12.66 billion.
In a statement on its November 2018 Financial and Operations Report released in Abuja, the NNPC said …...
The crude oil and gas exports by the Nigerian National Petroleum Corporation (NNPC) have hit $5.97 billion in one year.
The corporation, which revealed this in its Monthly Financial and Operations Report for the month of November …
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Nigerian National Petroleum Corporation, NNPC, weekend, issued a caveat against heightened expectations of an early find of crude oil and gas in the north, warning that discovery of hydrocarbons in the region might not be …
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Presidential candidate of the Peoples Democratic Party (PDP), Atiku Abubakar made ...
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Parents of pupils of NNPC Leadership Academy, Warri, Delta State, have called on President Muhammadu Buhari and Minister of State for Petroleum, Dr. Ibe Kachikwu, to urgently intervene in the crisis rocking the Academy over arbitrary increase in the school fees by 200 percent …
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The Nigerian National Petroleum Corporation (NNPC) and two oil companies in Nigeria are in talks over infusion of funds into NNPC that will be budgeted to develop.....
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The Nigerian National Petroleum Corporation (NNPC) yesterday disclosed that it had so far paid $993.7 million of the negotiated $5.1 billion cash call debt it owed International Oil Companies (IOCs) whom it is in joint ventures oil production with.
It stated in a report that the payment was …...
Atiku Abubakar, presidential candidate of the Peoples Democratic Party (PDP), has described the Nigerian National Petroleum Corporation (NNPC) as a …
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