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NNPC To Publish Details Of Contracts This Month

NNPC To Publish Details Of Contracts This Month The Group Managing Director of the Nigerian National Petroleum Corporation, Mele Kyari, on Tuesday said that the oil firm would respond to calls for the disclosure of contracts and contractors later this month. He said the biggest contracts...

NNPC: Non-passage Of Petroleum Bills Limiting Oil Investments

NNPC: Non-passage Of Petroleum Bills Limiting Oil Investments   The Nigerian National Petroleum Corporation has said the volume of foreign investment flow into the country will not be as robust as it should be until the petroleum legislation for the oil and gas sector is passed. The...

NNPC Boss, Kyari Explains $1.8bn OMLs Renewal Fee

NNPC Boss, Kyari Explains $1.8bn OMLs Renewal Fee   The Nigerian National Petroleum Corporation has said that it is unnecessary for it to pay the 60 per cent ($1.8bn) lease renewal fees, which is its equity contribution in the Oil Mining Leases 67, 68, and 70. This,...

We’ve No Plan To Increase Fuel Price – NNPC

We've No Plan To Increase Fuel Price - NNPC   The Nigerian National Petroleum Corporation on Thursday advised motorists and other petroleum product consumers to disregard the trending rumour of a planned hike in the pump price of Premium Motor Spirit, popularly known as petrol. It explained...

We’ll Increase Remittances To FAAC, NNPC Assures Govs

We'll Increase Remittances To FAAC, NNPC Assures Govs   The Nigerian National Petroleum Corporation on Wednesday told state governors that it would increase its remittances to the Federation Account Allocation Committee, a development that would lead to an increase in the monthly allocations to states. NNPC’s Group...

Experts Urge New NNPC Boss To Deal With Subsidy, Ailing Refineries

Experts Urge New NNPC Boss To Deal With Subsidy, Ailing Refineries   The contentious fuel subsidy, ailing refineries, pipeline vandalism, and crude oil theft, among others, have been tabled by industry stakeholders as some of the elements threatening the nation’s economy. Industry experts raised these as top...