NNPC Cracks Down on Erring Marketers, Fuel Hawkers As part of efforts to sanitize the fuel supply and distribution system to eliminate the queues, the Nigerian National Petroleum Corporation (NNPC) has stepped up the arrest and prosecution of erring marketers and fuel hawkers across the...

Baru Appeals to NUPENG Over Ultimatum … As PTD Disown Purported Threat of Industrial Action The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, has appealed to the leadership of the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) to...

NNPC To Partner Private Sector To Build Pipelines The Group Managing Director, Nigerian National Petroleum Corporation, Maikanti Baru, has asked the new board of one of the downstream subsidiary firms, the Nigerian Pipeline Storage Company, to enter into partnerships with the private sector to build...

We Received N5.1tn As Subsidy Payment In Nine Years –NNPC The Nigerian National Petroleum Corporation has said it received a total of N5.1tn as payments for subsidy on the Premium Motor Spirit (petrol) between 2006 and 2015. The corporation, which said the payments were approved by...

NNPC: FG Owes Us N170.6bn Subsidy Payments The Nigerian National Petroleum Corporation (NNPC) said on Monday that it was being owed N170.6 billion paid to marketers as subsidy between 2006 and 2015. The claim came as NNPC: FG Owes Us N170.6bn Subsidy Payments Senate President Bukola Saraki...

NNPC, Total To Produce Oil From Egina Field At $20 Per Barrel The cost of producing a barrel of crude oil from the Egina oil field by the Nigerian National Petroleum Corporation (NNPC) and Total Upstream Nigeria Limited (TUPNI) has been put at $20 per...