Petrol Subsidy Rises By N58.6bn In Just A Month
The amount spent on fuel subsidy by the Nigerian National Petroleum Corporation increased by N58.6bn within one month, the latest figures released by the corporation on its financial report for July 2019 has shown.
According to the...
NNPC Remits N729.3bn, N602.3bn To Federation Account
The Nigerian National Petroleum Corporation (NNPC) said it remitted N729.3billion and N602.30billion to the Federation Accounts and Joint Ventures (JV) respectively between July 2018 and July 2019.
Its July 2019 Monthly Financial Report , added that the state-run oil...
SEC Wants NNPC, Others To List On NSE
The Securities and Exchange Commission is looking to attract more oil and gas firms, including the Nigerian National Petroleum Corporation and the Nigeria LNG to the Nigerian Stock Exchange.
SEC also said it had started discussing with some...
NNPC, NLNG Sign Deal For $2.5bn Gas Supply
Nigerian National Petroleum Corporation (NNPC) and Nigeria Liquefied Natural Gas (NLNG) have sealed pact for upstream gas development projects to supply gas to NLNG train one to six.
Urging shareholders to accelerate the production capacity of the company...
Poor Maintenance Culture Killed Nigeria’s Refineries – NNPC
The Nigerian National Petroleum Corporation has blamed the moribund state of the country’s refineries on lack of proper maintenance of its facilities over the years.
Although the NNPC noted that Nigeria had one of the highest number of...
Russian Firm Plans Stake In Nigerian Oil Fields
Russia’s second-largest crude producer, LukOil, is finalising its investment decision towards acquiring stakes in Nigerian oil fields.
This came as the Nigerian National Petroleum Corporation on Wednesday announced a 115 per cent increase in pipeline vandalism on its...
