The Presidency on Sunday said no contracts worth 25 billion dollars were awarded by the Nigerian National Petroleum Corporation (NNPC). It also said that 25 billion dollars was not missing in the corporation. Mr Laolu Akande, Senior Special Assistant to the President on Media and Publicity, Office of...

The Group Managing Director(GMD) of the Nigerian National Petroleum Corporation, NNPC, Dr. Maikanti Kacalla Baru, has said that he had engaged investors to establish a refinery in Akwa Ibom State. Dr. Baru, who declared this during a two-day PENGASSAN’s Triennial Retreat/Synergy workshop which opened in...

The Minister of State for Petroleum Resources, Dr Ibe Kachikwu and  Group Managing Director of NNPC, Mr Maikanti Baru, have met  and discussed opportunities  to further develop the  nation’s oil and gas sector. They met in Abuja at the ongoing Nigerian Economic Summit at the...

The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), and the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG), have pledged unalloyed support for the transformation stride of the Group Managing Director of the Nigerian National Petroleum Corporation, Dr. Maikanti Baru. Speaking...

As part of the dividends of the on-going transformation of the Nigerian National Petroleum Corporation (NNPC), one of its subsidiary companies, the Nigerian Gas Processing and Transportation Company Limited (NGPTC), has declared a profit after tax of N15.81billion in 2016. NGPTC explained that the profit...

The National Bureau of Statistics (NBS) says Nigeria has realised more than N118 trillion from crude production and refining from 1961. The NBS report, which has additional data from the Nigerian National Petroleum Corporation (NNPC), collated its statistics from 1961 till 2014. “The petroleum statistics on...