The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC) Dr. Maikanti Baru, has commended the 8th National Assembly over the improved relations between the Corporation and the lawmakers. Dr. Baru gave this commendation during an interactive session between the Management of NNPC and...

Nigerian National Petroleum Corporation (NNPC) Group Managing Director (GMD) Dr. Maikanti Baru has said the Bonny NLNG is one of the biggest success stories of the oil and gas industry since it came on stream in 1995. He said the project has generated $90 billion...

Nigeria's oil production has risen to 2.1 million barrels a day, the managing director of state oil firm NNPC has said, without giving an explanation for the increase. "We are hoping that by the end of 2017 we should ramp up production to above 2.2...

The Nigerian National Petroleum Corporation, NNPC, has renegotiated its deep offshore rig-rate from a staggering $580,000 to $164,000 per day, saving the country a 71.7 per cent cost of executing a similar operation in the past. Similarly, the Corporation has achieved a 35 per cent...

The Nigerian National Petroleum Corporation (NNPC) has a 36-day sufficiency of petrol, enough to wet the country, its Group General Manager, Dr Maikanti Baru, has said. Speaking during a courtesy visit by the management of the New Telegraph newspaper in Abuja, Dr Baru said that...

No fewer than 128 Indigenous and International Oil and Gas companies have indicated interest to participate in the Nigerian National Petroleum Corporation’s (NNPC) Direct Sale of Crude Oil and Direct Purchase of Products (DSDP) programme. The DSDP arrangement is a model introduced last year and...