NNPC
Nigeria loses N53.26bn to gas flaring by oil companies between Jan. and Feb. 2021, says NNPC
By the gas flaring or wastage,Nigeria lost about N53.26 billion. In February, the oil companies wasted 17.53 billion scf of gas compared...
NNPC’s gas master plan will become full-fledge in three years to deliver nation’s optimum energy requirements
The Nigerian National Petroleum Corporation (NNPC) says its gas master plan will become full-blown in the next three years to deliver optimum energy...
How NNPC, under Kyari, outmaneuvered low prices during pandemic without cutting jobs
The Nigerian National Petroleum Corporation (NNPC) has transformed under a leader determined to reduce costs without cutting jobs – instead including staff...
Smuggling, Crude Oil Theft: NNPC, EFCC, Others Partner to Tackle Economic Crime
The Nigerian National Petroleum Corporation (NNPC) says it is collaborating with the Economic and Financial Crimes Commission (EFCC) and other security agencies and...
Mobil to pay out N81.9bn to settle Ibeno oil spill claims in 14 days
A Federal High Court in Abuja, has ordered Mobil Producing Nigeria Unlimited to pay N81.9 billion as cumulative damages to the oil communities...
Buhari’s vision has translated to boosting NLNG production capacity, growth in oil and gas sector – NNPC GMD, Kyari
“The approval has created the condition for Train 7 and further incentisize additional trains to attain the 12 Train vision’’ President Muhammadu...
FG signs multilateral agreement on Brass Petroleum Products Terminal to halt illegal refining in Niger Delta
In a concerted effort to curb illegal refining and stabilize petroleum products pricing in the Niger Delta, the Federal Government has signed agreement...
NNPC to acquire equity in Dangote, five other private refineries
The Nigerian National Petroleum Corporation (NNPC) says it is considering equity participation in some private refineries in the country in keeping with its...
OML 118: NNPC, Bonga agreement to produce additional 2 billion barrels of oil
About two billion barrels of oil will be produced for Nigeria under the Oil Mining Lease 118 following an agreement signed between the...
Restoration of Addax Oil licence: Again, Sen. Magnus Abe under fire
“Abe having laid bare his uncultured mannerisms before the President, every iota of doubt about his true nature has been cleared, and...
Addax oil lease revocation: How Buhari burst in on Senator Magnus Abe and others’ deal, restores Nigeria’s integrity
Former Senator Magnus Abe’s ire following President Muhammadu Buhari’s intervention in the revocation of four oil mining leases belonging to Addax Petroleum...
NNPC to bolster up its remittance into Federation Account, optimize operational cost
The Nigerian National Petroleum Corporation (NNPC) has clarified that the revenue projection contained in the letter to the Accountant General of the...
NNPC Chief Finance Officer disowns cloned telephone number by fraudsters, says not soliciting funds
Internet fraudsters are at it again with the latest cloning of the telephone number of the Chief Finance Officer of the Nigerian...
Oil mining lease: NNPC, SEEPCO sign gas development agreement, unlock 1.2 trillion cubic feet of gas
The Nigerian National Petroleum Corporation (NNPC) gas development and commercialization programme received a boost Thursday with the signing of the Oil Mining Lease...
NNPC pushes out 1,661 petrol-laden trucks daily to tackle queues in Abuja, others
The Nigerian National Petroleum Corporation (NNPC) says it has increased the daily supply of Premium Motor Spirit (petrol) across the country from 550...
Pipeline Vandalism: Kyari calms the storm
A powerful vision pulls in ideas, people and other resources. It creates the energy and will to make change happen. It inspires individuals,...
