Oil Workers’ Strike Won’t Cause Petrol Scarcity – NNPC       The Nigerian National Petroleum Corporation on Tuesday said it had enough petrol and as such the strike by oil workers would not cause scarcity. It dismissed insinuations of possible scarcity of petroleum products following ongoing disagreement between...

Why PPMC Stopped Announcing Monthly Ex-depot Price - NNPC         The Nigerian National Petroleum Corporation (NNPC) on Monday revealed why its subsidiary -Pipeline Products Marketing Company (PPMC) stopped announcing its monthly ex-depot price of the Premium Motor Spirit (PMS). Its Group General Manager, Group Public Affairs Division,...

OML 40 Explosion Damages Marine Storage Vessel, Stalls 10,000bpd       The Nigerian Petroleum Development Company, a subsidiary of the Nigerian National Petroleum Corporation, has reported an explosion at a production facility in Oil Mining Lease 40 involving its partners, Elcrest Exploration and Production Nigeria Limited. Spokesperson for...

EITI To Back NNPC In Financial Reporting       The Extractive Industries Transparency Initiatives (EITI) has promised to support the Nigerian National Petroleum Corporation in the aspect of the oil firm’s financial reports. EITI is a multi-stakeholder coalition that promotes extractives transparency and accountability in over 50 countries. The...

NNPC has 2billion litres of petrol in stock- Kyari ...assures of Product Availability The Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has assured motorists of ample availability of Premium Motor Spirit (PMS) revealing that the Corporation has more than...

NNPC Says ANOH Gas Projects to Produce 600MSCFD Equivalent of 2.4GW of Electricity As part of concerted efforts to ramp up gas-to-industries and gas-to-power in the country, the Nigerian National Petroleum Corporation (NNPC) has revealed that the Asa North-Ohaji South (ANOH) gas project, one of...