Indonesia, a South East Asia emerging economy, has indicated interest to purchase more crude oil from Nigeria. Indonesian Ambassador to Nigeria, Mr. Harry Purwanto, who stated this in Abuja when he paid a courtesy visit to the Group Managing Director of Nigerian National Petroleum Corporation,...

The Nigerian National Petroleum Corporation, NNPC, has said that the peace initiative of the Federal Government has raised the capacity utilization of its three refineries in Port Harcourt, Warri and Kaduna in recent times. NNPC Group Managing Director, Dr. Maikanti Baru, who disclosed this in...

The journey to the transformation of the Nigerian National Petroleum Corporation (NNPC) into a commercially focused and profitable business organization has been taken a notch higher with the signing of a performance bond by the Chief Operating Officers (COO) of the five (5) Autonomous...

…As NNPC Cuts Losses by 16.19% The combined installed capacity utilization of the Nigerian National Petroleum Corporation’s refineries located in Port Harcourt, Warri and Kaduna increased by about 29 percentage points in January 2017 compared with their performance in December 2016. In the latest of the...

The group managing director of the Nigerian National Petroleum Corporation (NNPC), Dr Maikanti Baru has thrown some light on the modular refineries the Federal Government is planning for the Niger Delta. Maikanti at the 53rd International Conference and Exhibition of the Nigerian Mining and Geosciences...

The ongoing reform of the Nigerian National Petroleum Corporation (NNPC) is geared towards transforming it from an oil and gas company into an integrated energy outfit with interest in power generation and transmission. This was disclosed by the Group Managing Director of NNPC, Dr Maikanti...