NNPC Assures of Products Supply Nationwide The Nigerian National Petroleum Corporation (NNPC) has allayed fears of possible hiccups in petroleum products supply in parts of the country following an ultimatum issued by the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) over a purported...

NGPTC To Deliver Pipeline Projects, Records N6.1bn Profit The Group Managing Director, Nigerian National Petroleum Corporation, Maikanti Baru, has announced a profit after tax of N6.11bn for the Nigerian Gas Processing and Transportation Company, a subsidiary of the NNPC. He said the PAT was recorded in...

$5b Cash Call: NNPC pays $1b The Nigerian National Petroleum Corporation (NNPC) has paid $1billion out of its $5billion cash call arrears. The Group Managing Director Dr. Maikanti Baru stated this in Abuja while addressing the corporation’s workers via a mail broadcast to commemorate his two-year...

Nigeria Targets 10% Global LNG Market … As Nigeria is set to become Regional Gas Hub As part of its strategic aspirations to derive maximum value from Nigeria’s abundant natural gas resources, the Federal Government is targeting 10 per cent of the world’s market share in...

NNPC To Partner Private Sector To Build Pipelines The Group Managing Director, Nigerian National Petroleum Corporation, Maikanti Baru, has asked the new board of one of the downstream subsidiary firms, the Nigerian Pipeline Storage Company, to enter into partnerships with the private sector to build...

We Received N5.1tn As Subsidy Payment In Nine Years –NNPC The Nigerian National Petroleum Corporation has said it received a total of N5.1tn as payments for subsidy on the Premium Motor Spirit (petrol) between 2006 and 2015. The corporation, which said the payments were approved by...