NNPC, Chevron Execute Agreements Over Escravos Gas-to-Liquid Project
The Nigerian National Petroleum Corporation (NNPC) and the Chevron Nigeria Limited (CNL) have executed agreements over the multi-billion dollars Escravos Gas-to-Liquid (EGTL) project.
Speaking at a sign-off meeting in Abuja, the Group Managing Director of the corporation, Mele...
In One Month, Attacks On NNPC Oil Lines Rise By 18%
The Nigerian National Petroleum Corporation (NNPC) has disclosed that it recorded more breaks on its oil pipelines across the country in September, with 28 (or by 18%), compared with August, 2019.
It stated that most...
Crude Oil, Gas Exports Hit $232.87m – NNPC
The Nigerian National Petroleum Corporation on Sunday announced that crude oil and gas export sales increased by 52.84 per cent to $355.93m in September 2019.
NNPC’s crude oil and gas exports in September were $123.06m higher than the...
In Nine Months, Refineries Lost N111bn - NNPC
The three refineries owned by the Federal Government lost a total of N111.27bn from January to September this year, the Nigerian National Petroleum Corporation said in its September report.
The refineries posted a loss of N96.31bn in the...
NNPC, DPR, FIRS Illegally Deducted N1.5trn From Generated Revenue, Says Auditor-General
Out of the N6.4tn generated by revenue collection agencies in 2017, about N1.5tn was deducted and not remitted into the federation account in violation of the provisions of the Constitution.
The Office of the Auditor-General...
NNPC Justifies Oil Search In New Frontiers
Group Managing Director, Nigerian National Petroleum Corporation, Mallam Mele Kyari, has said that exploration in the frontier basins is crucial to the nation’s quest to increase its proven oil reserves to 40 billion barrels and daily production to...
