$5bn JV Debt Repayment Restoring Investors’ Confidence - NNPC The Nigerian National Petroleum Corporation (NNPC) has said its repayment of the about $5 billion negotiated joint venture cash call debts owed to International Oil Companies (IOCs) over the years was now stirring the confidence of...

Power Generation Increases By 1,304MW As NNPC Repairs Pipeline   Power generation has risen to 3,876.9 megawatts after the Nigerian National Petroleum Corporation fixed the gas pipeline that was ruptured on Friday, which supplies gas to most thermal electricity generating plants in the country. Data obtained from...

Kerosene: NNPC Raises Price Thrice In 2Months   The Nigerian National Petroleum Corporation has increased the price of kerosene three times between May and so far this month, raising the cost of the commodity by about N40 per litre. It was found out that despite the price...

LPG Plants: NNPC To Invest $2.5bn   The Nigerian National Petroleum Corporation has revealed plans to invest $2.5bn in revamping Liquefied Petroleum Gas plants in the country. The Chief Operating Officer, Downstream, NNPC, Henry Ikem-Obih, while speaking at the inauguration of LPG sales in 11 Plc’s stations...

NNPC Selects Vitol, Trafigura, Sahara, Oando, 46 Others For Crude Term Contracts   The Nigerian National Petroleum Corporation (NNPC) has issued the 2018/2020 crude export contracts to 50 local and international oil traders, including Vitol, Trafigura and Glencore, THISDAY has learnt. THISDAY gathered that as part of...

Recent Petrol Supply Hiccups A Lesson- Baru     The Nigerian National Petroleum Corporation, NNPC has activated measures to ensure that the prevailing stability in the supply and distribution of petroleum products is sustained across the country. At a brief ceremony at the NNPC Towers in Abuja to...