The Nigerian National Petroleum Corporation (NNPC) has said the ex-depot price of petrol has dropped from N138 to N133.28 per litre in most of its depots, indicating a gain of N4.72 for marketers. The drop is even sharper in private depots where the price came...

The sustained strategic intervention of the Nigerian National Petroleum Corporation (NNPC) in the efficient supply and distribution petroleum products has led to significant fall in the prices of Premium Motor Spirit (PMS), also known as petrol, and Liquefied Petroleum Gas (LPG), also known as...

The Nigerian National Petroleum Corporation (NNPC) has urged members of the Independent Petroleum Producers Group (IPPG) to participate in the forthcoming bid round for about 30 marginal oil fields which would soon be flagged off by the Federal Government. The Group Managing Director of the...

…As Chinese Banks Begin Oil and Gas Projects’ Financing in Nigeria In its bid to support the Federal government’s aspiration to increase power generation to 10GW, the Nigerian National Petroleum Corporation (NNPC) has unveiled plans to expand gas generation and distribution nationwide. NNPC Group Managing Director,...

The Nigerian National Petroleum Corporation (NNPC) has, for the umpteenth time, reiterated that it has not launched a recruitment campaign of any kind for now. The latest clarification is coming on the heels of a fresh recruitment advert purportedly from the Corporation being circulated by...

Two sets of alternative financing agreements on Joint Venture (JV) projects to boost reserves and production in line with government’s aspiration were executed in London on Monday between the Nigerian National Petroleum Corporation (NNPC) and two of its JV partners: NNPC/Chevron Nigeria Limited (CNL)...