Oil Pipeline Vandalism Hits 115% In July — NNPC
The Nigerian National Petroleum Corporation has raised an alarm over the increasing menace of oil pipeline vandalism, which hit a record high of 228 pulverized points in July.
The corporation disclosed this in its July Monthly Financial...
NNPC, Afrexim Bank Open Talks On Financing Refineries’ Repair
The Nigerian National Petroleum Corporation (NNPC) has commenced talks with the African Export and Import Bank (Afrexim Bank) on funding of the repair of the country’s refineries in Warri, Kaduna and Port Harcourt.
This is just as...
NNPC To Commence Publication Of Petroleum Products’ Supplies
The Group Managing Director of the Nigerian National Petroleum Corporation, Mele Kyari, on Tuesday said the oil firm was set to commence the publication of details of its petroleum products’ supplies.
Beyond publishing the corporation’s monthly financial and...
IPMAN Supports NNPC On Recovering Marketers’ Debts
The North West wing of the Independent Petroleum Marketers Association of Nigeria (IPMAN), said it supports the Nigerian National Petroleum Corporation (NNPC)’s move of not allocating petroleum products to any depot owner who fails to settle debts owed...
NNPC, Shell To Assess 35,000bpd OML 25 Damage
The joint venture partners in the 35,000 barrels per day Oil Mining Lease 25 are to evaluate the damage done on OML 25, the Group Managing Director, Nigerian National Petroleum Corporation, Mele Kyari, has said.
JV partners in...
NNPC Remittances Drop By N1.6trn In 5 Years
The remittances of the Nigerian National Petroleum Corporation to the Federation Account dropped by N1.59tn within a five-year period, figures contained in the latest report of the Nigeria Extractive Industries Transparency Initiative have shown.
An analysis of NEITI’s...
