Subsidy Probe: 23 Oil Firms Operating in Nigeria Unknown - Reps The House of Representatives’ Ad Hoc Committee to Investigate the Petroleum Products Subsidy Regime from 2013 to 2021 has revealed that profiles of 23 oil and gas companies operating in Nigeria are unknown. The panel...

Scarcity: Marketers Rally Against NNPC's Fuel Monopoly  Oil marketers have appealed to the Federal Government to put an end to the monopolistic privilege enjoyed by the Nigerian National Petroleum Corporation, NNPC. Marketers under the auspices of the Major Oil Marketers Association of Nigeria, MOMAN, during a...

In 10 Years, Nigeria Lost N205bn Worth Of Petroleum Products To Vandals   Between 2008 and 2017, Nigeria lost a total of N205.4 billion worth of petroleum products to vandals who hacked into petroleum products pipelines of the Nigerian National Petroleum Corporation (NNPC), a report from...

NNPC To Crash Price Of Cooking Gas The Nigerian National Petroleum Corporation on Thursday announced its readiness to implement an effective commercial framework that would halt the export of propane and butane, which are major components in the production of Liquefied Petroleum Gas, also known...

We Don’t Have 70,000 Staff – NNPC   The Management of the Nigerian National Petroleum Corporation (NNPC) has clarified that it has neither 70,000 staff in its employ nor is it embarking on a staff performance probe. The clarification is sequel to reports in a section of...

Biofuel Development: NNPC, Chinese Consortia Sign Pacts The Nigerian National Petroleum Corporation says it has signed a Memorandum of Understanding with Nigerian-Chinese consortia towards developing sustainable biofuels in the country. The Group General Manager, Public Affairs, NNPC, Mr Ndu Ughamadu, said in a statement made available...