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Dangote Refinery: Marketers Differ On NNPC Proposed Stake Acquisition

Dangote Refinery: Marketers Differ On NNPC Proposed Stake Acquisition       Oil marketers have expressed divergent views on the proposed acquisition of a 20 per cent stake by the Nigerian National Petroleum Corporation in Dangote refinery. S&P Global Platts had reported on Thursday that the NNPC was in...

NNPC’s Trading Surplus Increases To N39.85bn

NNPC’s Trading Surplus Increases To N39.85bn       The Nigerian National Petroleum Corporation, on Thursday, announced a N39.85bn trading surplus for February 2021, representing a 314.24 per cent rise from the N9.62bn surplus it recorded in the preceding month. The NNPC disclosed this in its February 2021 edition...

NNPC Seeks To Acquire 20% Stake In Dangote Refinery

NNPC Seeks To Acquire 20% Stake In Dangote Refinery       The Nigerian National Petroleum Corporation (NNPC) has expressed interest in purchasing a 20 per cent minority equity stake in Dangote Refinery, Lagos, reputed to be Africa’s biggest oil refining facility and the world’s largest single-train plant. The...

OML 118: NNPC, SNEPCo, Others Sign Multi-billion Dollars Pact

OML 118: NNPC, SNEPCo, Others Sign Multi-billion Dollars Pact       The Nigerian National Petroleum Corporation (NNPC) and its Production Sharing Contract (PSC) partners – Shell Nigeria Exploration and Production Company (SNEPCo), Total Exploration and Production Nigeria Limited (TEPNG), Esso Exploration and Production Nigeria Limited (EEPNL) and...

Negotiation On Petrol Price Still Ongoing – NNPC

Negotiation On Petrol Price Still Ongoing - NNPC       The Nigerian National Petroleum Corporation (NNPC) yesterday said state governors do not run the affairs of the corporation, stressing that negotiation to determine a new pump price of petrol was still ongoing between the organised labour and...

NNPC Spokesman, Obateru, Bags NIPR Fellowship

NNPC Spokesman, Obateru, Bags NIPR Fellowship The Nigerian Institute of Public Relations, (NIPR) in Bauchi at its Annual General Meeting, conferred the prestigious Fellowship Award on Dr. Kennie Obateru, Group General Manager, Group Public Affairs Division of the Nigerian National Petroleum Corporation. Obateru, a self-driven and...