With N4.56trn Encumbrances, NNPC To Shed Toxic Liabilities In 2022 - Kyari   Chief Executive Officer of the Nigerian National Petroleum Company (NNPC) Limited, Mallam Mele Kyari, has said with the implementation of the Petroleum Industry Act (PIA), the company will do away with a major...

350 Pipeline Points Vandalised In Seven Months - NNPC   A total of 350 pipeline points were vandalised from January to July this year, the latest data obtained from the Nigerian National Petroleum Company Limited have shown. The number of vandalised pipeline points rose from 27 in...

NNPC Spends N1.3trn On Pipelines, Others In 11 Months     The total amount so far spent this year by the Nigerian National Petroleum Company Limited on the Federal Government’s priority oil sector projects is $3.21bn (N1.322tn), data obtained from the NNPC on Thursday showed. It was also...

NNPC To Halt Rising Cooking Gas Price, Increases Supply   The Group Managing Director of the Nigerian National Petroleum Company Limited, Mele Kyari, on Monday announced that NNPC was currently increasing the supply of Liquefied Petroleum Gas, popularly called cooking gas, in a bid to force...

NNPC Partners IPPG To Boost Industry Reforms     The Nigerian National Petroleum Company Limited has stated it is imperative to collaborate with the Independent Petroleum Producers Group, to ensure the industry is well positioned to seize opportunities and minimize any adverse impact. A statement by the IPPG...

Petrol May Sell Above N340/litre, Marketers Plan Imports Amidst Forex Crisis       The pump price of Premium Motor Spirit, popularly called petrol, may go higher than the projected N340/litre in February 2022 when the Federal Government removes its subsidy on the commodity, oil marketers said on...