NNPC To Extend Services To Neighbouring Countries
The Nigerian National Petroleum Corporation (NNPC) is to extend some of its services, including the building of filling stations, to some neighbouring countries.
NNPC, in a statement yesterday in Abuja by its Group General Manager, Group Public Affairs Division,...
FG’ll Divert N457bn Petrol Subsidy To Other Sectors – NNPC
The Federal Government will divert N457bn provided for petrol subsidy in the budget to other sectors of the economy, the Group Managing Director of the Nigerian National Petroleum Corporation, Mele Kyari, has said.
He also disclosed...
No Buyer Has Rejected Nigeria’s Crude - NNPC
No buyer of Nigerian crude oil has returned or rejected it despite the glut in global crude oil market, the Group Managing Director, Nigerian National Petroleum Corporation, Mele Kyari, stated on Monday.
Kyari explained that although some vessels...
Petrol Subsidy Gone Forever, Says Kyari
The era of subsidy on petrol is gone forever, the Group Managing Director, Nigerian National Petroleum Corporation, Mele Kyari, said on Monday.
Kyari, who spoke during a live programme on African Independent Television, stated that with the current fluctuations in...
Nigeria’s Oilfields Face Shutdown Risk Amid Market Woes
The collapse of crude oil prices and the oversupply of the commodity in the global market amid shrinking demand may force some producers in Nigeria to shut down their oilfields.
Given the high cost of producing a barrel...
Nigeria Has 2.68bn Litres Of Petrol In Stock, NNPC Says
The Nigerian National Petroleum Corporation (NNPC) yesterday, said the country has nothing less than 2.68 billion litres of Premium Motor Spirit (PMS) or petrol in-country and marine storage to meet daily demand in the country.
Allaying...
