Former NNPC GMD, Baru, is Dead The Nigerian National Petroleum Corporation (NNPC) regrets to announce the demise of its former Group Managing Director (GMD), Dr. Maikanti Kacalla Baru, Friday night. Dr. Baru, a consummate Mechanical Engineer, died after a brief illness, NNPC Group General Manager, Group...

200,000bpd NNPC Condensate Refineries Underway The Nigerian National Petroleum Corporation will establish two condensate refineries with a total refining capacity of 200,000 barrels per day at Western Forcados Area and Assah North Ohaji South (ANOH) Areas of Delta and Imo State respectively. Natural-gas condensate is a...

We Remit All Revenues Due to Federation Account – NNPC The Nigerian National Petroleum Corporation (NNPC) has said that it has been faithfully remitting all revenues accruing to it to the Federation Account. A release by the Group General Manager, Group Public Affairs Division of NNPC,...

NLNG Generates $25bn revenue to FG … Signs Contract on NLNG Train-7 Engineering Design The Nigeria Liquefied Natural Gas (NLNG) has generated revenues of more than US$25 billion to the Federal Government of Nigeria comprising Dividends of circa US$17 billion and taxes of US$7.2billion, Group Managing...

Shell Lauds NNPC on Restoration of Investors’ Confidence … As Baru Urges Investment in Gas to Boost Economy The cash call exit programme of the Nigerian National Petroleum Corporation (NNPC) has drawn applause from Nigerian Oil and Gas Industry players with the Country Chair of Shell...

NNPC Eyes Capital Market to Fund projects The Nigerian National Petroleum Corporation (NNPC) is looking at the direction of the Nigerian Capital Market for funds to execute new projects being considered by the corporation. Group Managing Director of the Nigerian National Petroleum Corporation, NNPC, Dr. Maikanti...