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Petrol Crisis May Worsen As Depot Price Hits N165 Per Litre

Petrol Crisis May Worsen As Depot Price Hits N165 Per Litre Despite what seems like its best efforts of the Nigerian National Petroleum Corporation (NNPC) to end the protracted petrol scarcity in the country, the fuel supply situation may worsen as the price has hit...

Senate Tells NNPC To End Fuel Scarcity In Seven Days

Senate Tells NNPC To End Fuel Scarcity In Seven Days The Senate has asked the Nigerian National Petroleum Corporation to end the lingering scarcity of Premium Motor Spirit (petrol) within seven days. This was part of the resolutions made by the upper chamber of the National...

NNPC Says It Earned $239m From Crude Sales In Nov

NNPC Says It Earned $239m From Crude Sales In Nov The Nigerian National Petroleum Corporation (NNPC) wednesday said it earned $239.10 million from its sale of crude oil and gas in the month of November 2017. It also said between November 2016 and November 2017, it...

Oil Receipts: NNPC Remits N135.14bn To Federation Account

Oil Receipts: NNPC Remits N135.14bn To Federation Account The latest edition of the monthly operations and financial report of the Nigerian National Petroleum Corporation has revealed that the oil firm remitted N135.14bn to the Federation Account in November 2017. The report, which was made public on...

NNPC’s $137m Stuck In Banks, Senate Panel Alleges

NNPC’s $137m Stuck In Banks, Senate Panel Alleges The Senate Committee on Petroleum (Gas) at the plenary on Wednesday said there was “no cause for alarm” on the allegation that the Nigerian National Petroleum Corporation was running a secret joint venture account. The committee said the...

NNPC Hits $239.10 Million Crude Oil Export Sales

NNPC Hits $239.10 Million Crude Oil Export Sales The Nigerian National Petroleum Corporation, NNPC posted a total crude oil and gas export sale of $239.10Million in the month of November, 2017. Details of the transactions contained in the recently released November 2017 edition of the Monthly...