Oil, Gas Exports Hit $1.6bn In One Year       The Nigerian National Petroleum Corporation (NNPC) exported oil and gas worth $1.61 billion between April 2020 and April 2021, latest information from the just-released full market and financial operations report from the national oil company has indicated. The...

NNPC, 2 Others Sign Contract for 50MW Maiduguri Emergency Power Project A significant step towards redeeming the pledge by the Nigerian National Petroleum Corporation (NNPC) to intervene in the perennial electric power supply challenge in Maiduguri, Borno State, was taken with the execution of the...

Host Communities To Get $500m Yearly From New PIB - Kyari       The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, yesterday calmed frayed nerves among some indigenes of oil producing communities in the Niger Delta, maintaining that the three per...

FG’s Funding For Priority Projects In Oil Industry Hits $1.54trn Deficit       The federal government through the Nigerian National Petroleum Corporation (NNPC) may have been unable to fund its priority projects in the oil and gas industry to the tune of $1.54 trillion, according to a...

NNPC Incurred N473bn Loss Operating Moribund Refineries – Report     The Nigerian National Petroleum Corporation incurred a loss of N473.3bn in operating moribund refineries between January 2015 and February 2021, a new report by SBM Intelligence, a geopolitical and socioeconomic research firm has claimed. The report titled...

Sacking, Redeployments Prepare Us For Unbundling - NNPC       The latest shakeup that led to the redeployments promotion and sacking of some senior management workers at the Nigerian National Petroleum Corporation was in preparation for the proposed unbundling of the oil firm, it was learnt on...