NNPC Moves 40bn Oil Reserves Target To 2025   The Nigerian National Petroleum Corporation has said it seeks to increase the nation’s crude oil reserves to 40bn barrels and production capacity to four million barrels per day by 2025. The Federal Government in 2010 set the target...

Natural Gas Resources To Midwife Industrial Clusters, Says Baru   The Group Managing Director of the Nigerian National Petroleum Corporation, Dr. Maikanti Baru, has said that the enormous natural gas reserves in Africa is capable of unlocking the huge natural resource potentials, such as gold, diamond,...

Patronize Our Shipping Firm, Baru Urges Partners   The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, has urged partners involved in the Direct Sale Direct Purchase (DSDP) scheme of the corporation to patronize NIDAS Ltd, the NNPC shipping subsidiary, so...

NNPC To Punish Procurement Defaulters   The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Maikanti Baru, on Wednesday, warned the management and members of staff of the oil firm against any action that contravened the provisions of the Public Procurement Act in the...

NNPC Says FG Paid N1.62tn Cash Call In 11months The Federal Government paid a total of N1.62tn in the joint venture cash call from January to November 2018, latest data from the Nigerian National Petroleum Corporation have shown. The dollar allocation to the JV cash call...

NNPC Banks On NAPE To Grow Oil Reserves To 40m Barrels   The Nigerian National Petroleum Corporation (NNPC) has indicated it would be looking to oil explorationists under the aegis of the Nigerian Association of Petroleum Explorationists (NAPE) to support its aspirations to grow Nigeria’s crude...