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Tag "Nigerian National Petroleum Corporation (NNPC)"

NNPC: Nigeria losing 200,000 barrels of crude oil daily to theft, vandalism

    NNPC: Nigeria losing 200,000 barrels of crude oil daily to theft, vandalism

The Nigerian National Petroleum Corporation (NNPC) says the country loses an average of 200,000 barrels of crude oil daily due to theft and vandalism. Mele Kyari, the NNPC group managing

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IPMAN to FG: It’s not a good time to increase petrol price

    IPMAN to FG: It’s not a good time to increase petrol price

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has advised the federal government to suspend any intended upward review in the price of petrol. Danladi Pasali, IPMAN national secretary, was

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NNPC renegotiates commercial contract terms with major oil firms

    NNPC renegotiates commercial contract terms with major oil firms

The Nigerian National Petroleum Corporation (NNPC) is renegotiating commercial contract terms with major oil firms, in a move to keep investment flowing into a sector crucial for the country’s economy.

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NNPC: We spent N49.69bn on pipeline repairs in 10 months

  NNPC: We spent N49.69bn on pipeline repairs in 10 months

The Nigerian National Petroleum Corporation (NNPC) says it spent N49.69 billion on pipeline repairs and management cost between January and

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Afreximbank releases $250m for TNOG’s acquisition of 45% stake in OML 17

  Afreximbank releases $250m for TNOG’s acquisition of 45% stake in OML 17

African Export-Import Bank (Afreximbank), a pan-African multilateral trade finance institution, has announced the disbursement of  $250 million of the $1.1

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NNPC: 96 companies bid to rehabilitate pipelines, depots

  NNPC: 96 companies bid to rehabilitate pipelines, depots

The Nigerian National Petroleum Corporation (NNPC) says 96 companies have expressed interest in the rehabilitation of its downstream facilities. The

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Mele Kyari: NNPC now focusing on gas production, non-oil businesses

  Mele Kyari: NNPC now focusing on gas production, non-oil businesses

Mele Kyari, group managing director of Nigerian National Petroleum Corporation (NNPC), says the corporation is currently focusing on gas production

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From N125 to N162 — how subsidy removal led to fluctuation of petrol price in 2020

  From N125 to N162 — how subsidy removal led to fluctuation of petrol price in 2020

The instability in petrol prices took a toll on Nigerians during the year, further exacerbating the pressure on their purchasing

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NNPC: Revenue from crude oil, gas sales up 37.31% to N223.34bn in November

  NNPC: Revenue from crude oil, gas sales up 37.31% to N223.34bn in November

The gross revenue realised from crude oil and gas sales by the Nigerian National Petroleum Corporation (NNPC) in November 2020

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