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All posts tagged "NNPC"

  • Petrol now N130/ltr at depots, N142/ltr at stations – NNPC

    The Nigerian National Petroleum Corporation (NNPC) has said the ex-depot price of petrol has dropped from N138 to N133.28 per litre in most of its depots, indicating a gain of N4.72 for marketers. The drop is even...

    • Posted September 4, 2017
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  • NEITI clears PPPRA of N4.42trn debt

    The Nigerian Extractive Industries Transparency Initiative, NEITI, yesterday, cleared the Petroleum Products Pricing Regulatory Agency, PPPRA, over the remittance of the sum of N4.423 billion to the Federation Account. This was made known after a reconciliatory meeting...

    • Posted August 15, 2013
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  • Nigeria loses 11.75m barrels of crude in 4 years

    Nigeria lost about 11.75 million barrels of oil from 2010 to 2012, due to crude oil theft, the Group Executive Director, Refining and Petrochemicals, Nigerian National Petroleum Company, NNPC, Mr. Anthony Ogbuigwe, said. Ogbuigwe disclosed this at...

    • Posted July 24, 2013
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  • NIMASA to allow LNG exports after $475 mln loss

    Nigerian Maritime Administration and Safety Agency, that has blockaded liquefied natural gas exports for three weeks, costing $475 million in revenue, agreed Friday to end its action after resolving a fees dispute, the company said. Nigeria LNG...

    • Posted July 14, 2013
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  • NNPC to tackle environmental degradation

    Nigerian National Petroleum Corporation, NNPC, has tasked its staff to imbibe self-consciousness and the spirit of preservation and friendliness toward the environment across the country as part of measures to prevent environmental degradation. The corporation, under leadership...

    • Posted June 23, 2013
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  • Total launches new oil field off Nigeria

    French oil giant Total on Friday said it would begin work on an oil field off the coast of Nigeria, in a rare expansion by a multi-national, which are increasingly parting with assets in Africa’s biggest crude...

    • Posted June 22, 2013
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  • Audit report indicts NNPC, DPR, PPPRA

    The House of Representatives Committee on Public Account has expressed dismay over the looting of the country’s revenue by public officials. To this end, the Committee has asked the Inspector General of Police (IGP), Alhaji Mohammed Abubakar,...

    • Posted March 13, 2013
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  • National Assembly summons NNPC boss over $1.5bn loan

    A showdown is imminent between the National Assembly and the Nigerian National Petroleum Corporation (NNPC) over a directive to the indigenous oil company to stop moves to obtain a $1.5 billion loan. NNPC Group Managing Director, Mr...

    • Posted February 11, 2013
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  • NNPC, Capital Oil sell 120,000 litres of kerosene to households in Gombe

    The Nigerian National Petroleum Company (NNPC) in partnership with the Capital Oil and Gas Industries Ltd has sold 120,000 litres of kerosene to households in Gombe. Samuel Echea, the Business Manager of Kerosene-direct of the company disclosed...

    • Posted February 6, 2013
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  • Port Harcourt Refinery Rebounds with 17m Litres Per Day

    The Nigerian National Petroleum Corporation (NNPC) has recorded initial successes in the expected rehabilitation and upgrade of the 210, 000 barrels per day plant of the Port Harcourt Refinery Company (PHRC), with the fixing of the Nitrogen...

    • Posted February 5, 2013
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