We'll Commence Ajaokuta-Kaduna-Kano Gas Pipeline Construction In Q2 – NNPC   The Nigerian National Petroleum Corporation has said it will commence the construction of the Ajaokuta-Kaduna-Kano gas pipeline in the second quarter of this year. The Group Managing Director, NNPC, Mallam Mele Kyari, who disclosed this in...

N128bn Lost To Gas Flaring In Eleven Months — NNPC   Oil and gas firms operating in the country flared a total of 225.81 billion standard cubic feet of natural gas from January to November 2019. This amounted to an estimated loss of N127.53bn. Data obtained by our...

NNPC, JV Partners Disburse $360million for Ogoni Clean-up The Nigerian National Petroleum Corporation (NNPC) and its Joint Venture Partners of Shell Petroleum Development Company (SPDC), Total Exploration and Production of Nigeria (TEPNG) and Nigerian Agip Oil Company (NAOC), have disbursed $360million towards the Ogoniland Clean-Up...

DPR Hands Over Revoked OML 98 Oil Asset To NNPC   The Department of Petroleum Resources (DPR) on Friday handed over operatorship of Oil Mining Licence (OML) 98 to the Nigerian Petroleum Development Company, NPDC, the upstream unit of the Nigeria National Petroleum Corporation (NNPC). The transfer...

$60bn Claim Against IOCs Hard To Succeed – NNPC The claim that international oil companies operating in Nigeria owe the Federal Government over $60bn with respect to Production Sharing Contracts is hard to succeed, a top executive at the Nigerian National Petroleum Corporation, has said. The...

Pipeline Explosion: Group Files N3.215bn Suit Against NNPC   The N3.215 billion suit filed by a non-profit organization, Access to Justice (A2J), against the Nigeria National Corporation (NNPC) over the Ossisioma Ngwa pipeline explosion has been fixed for 25th February, 2020 for hearing. No fewer than 88...