The ongoing reform of the Nigerian National Petroleum Corporation (NNPC) is geared towards transforming it from an oil and gas company into an integrated energy outfit with interest in power generation and transmission. This was disclosed by the Group Managing Director of NNPC, Dr Maikanti...

The Nigerian National Petroleum Corporation on Wednesday said its ongoing reform was geared towards transforming it from an oil and gas company into an integrated energy outfit with interest in power generation and transmission. It also stated that the country’s power transmission capacity was inadequate,...

The Nigerian National Petroleum Corporation (NNPC) has recovered $202 million outstanding obligations from AITEO Group.The Group General Manager (GGM), Group Public Affairs Division of the NNPC, Ndu Nghamadu, confirmed the payment in Abuja. Nghamadu explained that the revelation of the payment is in line with...

The management of MRS Oil Nigeria Plc has debunked claims by the Nigerian National Petroleum Corporation (NNPC) that it expropriated the products placed under throughput or stored over a given period in its terminal. In a statement yesterday, the firm said the national oil exhibited...

The first consignment of fertilizer from Moroccon has arrived Nigeria, even as more cargoes that will fit the various blending plants are on the way, the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Kacalla Baru has said. Speaking yesterday while...

The Nigerian National Petroleum Corporation (NNPC) has disclosed that it will invest about $15 billion to build thermal power plants with a combined generation capacity of 4,000 megawatts (MW) across the country over the next 10 years. It said three of the power plants with...