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NNPC Restates Commitment to Development of Nigerian Content in Oil and Gas Industry

The Nigerian National Petroleum Corporation, NNPC, has restated its commitment to the development of Nigerian content in the oil and gas industry. Group Managing Director of the Corporation, Dr. Maikanti Baru, made the remarks in a keynote address at the Load out Ceremony of the...

NNPC To Complete ELPS2 Project in Q4 2016

...As Dr. Baru Calls on Marketers to Sell Kerosene at N150 per litre The Nigerian National Petroleum Corporation (NNPC) has expressed its readiness to complete the ongoing Escravos to Lagos Pipeline System 2 (ELPS2) project in the fourth quarter of this year in order to...

Before We Sell Public Assets

As if the current unclear economic policy context was not disconcerting enough, the sudden emergence of a raging debate on the sale of public assets has escalated one’s fears that easier things seem to appear more attractive to the government. Yet, in public policy,...

NNPC Can Quickly Get Us Out of Recession -Obasanjo

Former President Olusegun Obasanjo has said the Nigerian National Petroleum Corporation can help the country quickly get out of recession. Obasanjo stated this during a courtesy call on him by the Group Managing Director, NNPC, Dr. Maikanti Baru, in Abeokuta. The NNPC on his Twitter handle...

FG Owes Oil Firms $8.1bn in Cash Calls

The Federal Government owes oil companies at least a total of $8.06bn in unpaid cash calls, as the Nigerian National Petroleum Corporation failed to pay $3.06bn in the first seven months of the year. The nation’s oil and gas production structure is majorly split between...

NNPC Re-commissions 87mn litres Petroleum Products Tanks

As part of concerted efforts to maintain seamless supply and distribution of petroleum products, the Nigerian National Petroleum Corporation (NNPC) has recommissioned four petroleum products tanks with 87.70 million litres capacity at the Mosimi depot in Ogun State. The Group Managing Director of NNPC, Dr....