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Indonesia Seeks More Crude from Nigeria

Indonesia, a South East Asia emerging economy, has indicated interest to purchase more crude oil from Nigeria. Indonesian Ambassador to Nigeria, Mr. Harry Purwanto, who stated this in Abuja when he paid a courtesy visit to the Group Managing Director of Nigerian National Petroleum Corporation,...

Senate Halts sale of Port Harcourt Refinery

The Senate has asked the Federal Ministry of Petroleum Resources and the Nigerian National Petroleum Corporation (NNPC) to halt further action on the planned concession of the Port Harcourt Refinery to AGIP and OANDO. The upper chamber also set up a seven-man investigative panel led...

NNPC kills N4tr fuel investment

About N4 trillion downstream investments are being threatened, as over 198 private depots or tank farms across the country have remained idle since the Nigerian National Petroleum Corporation (NNPC) assumed the full importation of petroleum products. These depots do not include the 22 operated...

NNPC Invites Chinese Investors for its R&D Venture

Amidst volatility in crude oil prices in the international market and the need to seek a fortune in non-core oil sector to stay afloat, the Nigerian National Petroleum Corporation has established contacts with some Chinese investors to partner in its Research and Development, R&D,...

34 Firms Bid for NNPC Digitization Project

The Nigerian National Petroleum Corporation (NNPC) has received no fewer than 34 bids submitted by different companies for the digitization of legacy documents in the corporate headquarters. The bid opening exercise was conducted in the full glare of representatives of the bidding companies and Civil...

Emir of Kano Warns on Pipeline Vandalism

…Commends Baru for Honest Leadership The Emir of Kano, Mallam Muhammadu Sanusi II, has called on the people of Kano to individually assist in safeguarding the nation’s oil and gas facilities by watching out for pipeline vandals within their communities. Emir Sanusi made this call while...