Refineries Revamp: We’re Open To External Financing - NNPC The Nigerian National Petroleum Corporation has said it is still open to external financing for the rehabilitation of the nation’s ailing refineries. After over a year of seeking offshore funding for the revamp of the refineries, the...

NNPC, MOMAN Strengthen Partnership On Petrol Supply The Nigerian National Petroleum Corporation (NNPC) disclosed yesterday that has strengthened its partnership with oil marketers under the umbrella of Major Marketers Association of Nigeria (MOMAN) to ensure seamless supply of petroleum products across the country. It explained in...

NNPC: Nigeria Lost N234bn To Gas Flaring In 2018 Oil and gas firms operating in the country flared a total of 282.08 billion standard cubic feet of natural gas in 2018, amounting to a potential loss of N234bn. Data obtained by our correspondent from the Nigerian...

NNPC: FG Spent N1.83tn On JV Assets Last Year Over half of the total revenue generated by the Federal Government from oil and gas sales last year was used for the payment of joint venture (JV) cash calls. Cash call payment for the development of joint...

NNPC Unveils Guidelines For 2019 Crude Oil Swap Contract The Nigerian National Petroleum Corporation (NNPC) Wednesday unveiled the guidelines for its crude oil-for-product swap programme, known as the Direct Sale and Direct Purchase (DSDP) scheme. The corporation in a tweet message on its official twitter handle...

NNPC Mulls Plan To Extend Gas Pipeline To Algeria   The Nigerian National Petroleum Corporation is considering extending the ongoing Ajaokuta-Kaduna-Kano gas pipeline system across the Sahara to Algeria in North Africa. NNPC’s Group Managing Director, Dr Maikanti Baru, disclosed this while receiving an award from the...