NNPC, Partners To Generate $760m From Gas Supply
The Nigerian National Petroleum Corporation (NNPC) and its partners in the Oil Mining Lease (OML 130) Production Sharing Agreements (PSA) and Production Sharing Contract (PSC) are set to earn over $760 million from fresh Gas Supply Purchase...
In Five Months, NNPC Rakes In N1.088trn Revenue
The Nigerian National Petroleum Corporation (NNPC) made a total revenue of N1.088.88 trillion in the first five months of 2021, a Federation Account Allocation Committee (FAAC) document detailing its operations for the period has shown.
The figure is...
NNPC Saves $1bn On Petrol Imports - Kyari
The Group Managing Director, Nigerian National Petroleum Corporation, Mele Kyari, on Wednesday announced that the oil firm saved over $1bn of the cost that would have been built in on the top of petroleum products imports into...
Petrol Price Should Be More Than N280/litre - Kyari
The Group Managing Director of the Nigerian National Petroleum Corporation, Mallam Mele Kyari, has said the price of petrol should be more than N280/litre at which Automotive Gas Oil, also known as diesel, is being sold.
Kyari...
NNPC Chief Reacts To Alleged Fraudulent Dealing In Equity Participation Of Dangote Refinery
Mr Mustapha Yakubu, Chief Operating Officer, Refineries & Petrochemicals, NNPC, says there is no fraudulent dealing in NNPC’s planned equity participation in Dangote Oil Refining Company (DORC).
Yakubu made the declaration on Monday...
Buhari Authorizes NNPC To Acquire 20% Stake In Oil Refineries
As part of steps to attract investment, President Muhammadu Buhari has authorized the Nigerian national Petroleum Corporation (NNPC) to acquire 20 per cent stake in any private oil refinery producing at least 50,000 barrels per...
