NNPC

Large-scale pipeline vandalism, crude oil thievery in billions of dollars ongoing in Niger Delta – NNPC GMD, Kyari, raises alarm

Says disruption in the region had brought down oil production with the country lifting less than 1.5 million barrels per day

Upstream Sector: Wunti lauds Oil Minister, NNPC GMD, Kyari for operation cost reduction initiatives

The Group General Manager of National Petroleum Investment Services (NAPIMS), Mr Bala Wunti, says the inauguration of the Nigerian Cost Optimization Programme by...

NNPC frowns at Auditor General’s report of “missing” 22,929.84 litres of petrol, says lost to pipeline vandals

Following the queries by the Auditor General of the Federation (AuGF), Mr Adolphus Aghughu, that the Nigerian National Petroleum Company Ltd (NNPC) had...

No plan to increase ex-depot price of petrol, say FG, NNPC

In a bid to address the high prices of diesel in the country and transportation challenges in distributing petroleum products, the Minister of...

Yakasai says he is excited by NNPC boss’ deft handling of contaminated petrol, shortage

The Group Managing Director of the Nigerian National Petroleum Company Ltd (NNPC Ltd), Malam Mele Kyari, has received laudation from an elder statesman...

Nassarawa Varsity celebrates, lauds NNPC GMD Kyari’s track record, to confer honorary Doctorate degree on him

In recognition and acknowledgment of his remarkable contributions to nation-building particularly the oil and gas sector of the economy, the Group Managing Director/CEO...

Queues at Abuja filling stations a local problem, will vanish soon, says NNPC GMD

Abating petrol situation:  Arewa Youths Assembly cautions against fuel racketeering, acts inimical to nation’s economic, security interests

  As normalcy is being restored in petrol supply situation across the country, Nigerians have been urged to resist fuel racketeering, panic-buying and...

NNPC: Safeguarding Nigeria’s Oil Assets Through Pre-Emptive Rights

  By definition, a preemptive right gives an existing shareholder the opportunity to buy a proportional interest of any future issuance of common...

NNPC records ₦37.5bn trading surplus in September 2021 — Report

    The Nigerian National Petroleum Company Limited (NNPC Ltd) has announced a trading surplus of ₦37.50 billion for September 2021, representing a...

Queues at Abuja filling stations a local problem, will vanish soon, says NNPC GMD

Petrol queue buster: NNPC releases additional 381.88m litres, cautions against panic-buying

  In continuation of its intervention and petrol queue buster, the Nigerian National Petroleum Company Ltd (NNPC Ltd) says it is releasing additional...

$2.1tn targeted globally on renewable energy in 2022, says Wunti, NAPIMS boss

He said: “$2.1 trillion is expected to be spent on renewable energy in the year 2022. All to fund renewable; That is three...

Energy transition has gulped $755bn globally as Nigeria is in transiting period – Wunti

The Group General Manager, National Petroleum Investment Management Services (NAPIMS), Engr. Bala Wunti, says Nigeria is in energy transiting period just as he...

Fuel supply improves across the country, boosted by NNPC’s intervention, mobilization of officials to Lagos loading points

        Petrol supply to filling stations in Lagos, Abuja, Ibadan, Kogi and some parts of the country has improved just...

Contaminated petrol: We’ll handle erring suppliers, House of Rep C’ttee assures Nigerians

      The House of Representatives Committee on Petroleum (Downstream) has intervened in the current fuel situation in the country with a...