NNPC Targets N11trn Revenue For 2021, $14bn Industry Spending
The Nigerian National Petroleum Corporation plans to generate N11.39tn revenue in 2021, while projecting an increase in oil and gas output and sales between 2021 and 2023.
According to a written presentation to the National Assembly by...
NNPC Begs Labour For One Week Grace To Consult On Reversal Of Fuel Price
The Nigeria National Petroleum Corporation, NNPC, on Thursday night, requested that the organized labour should give it one week to consult on the reversal of the increase in pump price of...
Reps Demand Details Of NNPC Expenditure, JV Cash Calls, Others
The House of Representatives’ Committees on Petroleum Upstream, Downstream and Gas Resources, yesterday asked the Nigerian National Petroleum Corporation (NNPC) to open up its books on various expenditures incurred on Joint Venture operation (JVC), pipeline...
NNPC Targets 3million bpd Oil Production
The Nigerian National Petroleum Corporation, NNPC, said it targets to achieve 3million barrels per day, bpd, oil production in no distant time.
The Group Managing Director, NNPC, Mele Kyari stated this at a media parley organised for Energy Editors at...
Crude Oil In Commercial Quantity Discovered In Benue Trough – NNPC
The Nigerian National Petroleum Corporation on Thursday said the volume of crude oil discovered in Benue Trough was in commercial quantity.
It said Nigerian geologists were spearheading efforts in the discovery of the commodity in...
COVID-19 Pandemic Costs Oil Industry $1trn - Kyari
The COVID -19 cost the global oil and gas industry some losses totalling $1 trillion, according to Nigerian National Petroleum Corporation (NNPC) Group Managing Director (GMD) Mele Kyari.
He attributed the losses to the decline in demand for...
