Port Harcourt Refinery Rehab: We Can’t Afford to Fail – NNPC … Says Project to Generate 3,000 Jobs as Construction Work Kicks off The Nigerian National Petroleum Corporation (NNPC) has kicked off construction work in the Port Harcourt Refinery rehabilitation project with a firm commitment not...

NNPC Submits P/Harcourt Refinery To Contractor For Repair       The Nigerian National Petroleum Corporation (NNPC) yesterday handed over the Port Harcourt Refineries Companies (PHRC) to the contractor, Tecnimont SPA for its rehabilitation. The Group Managing Director, Malam Mele Kyari who disclosed this at the kick off meeting...

Reps Summon NNPC, CBN, FIRS, EFCC, Probe Illicit Financial Flows       The House of Representatives has resolved to invite various departments and agencies of the Federal Government over illicit financial flows in Nigeria. At the plenary on Thursday, the House specifically mandated its committees on Finance; Anti-Corruption;...

Fear Of Federation Account Depletion Raises As Crude Nears $70       The international oil benchmark, Brent Crude, was less than 30 cents from hitting $70 amid market optimism on the United States and Europe reopening. The benchmark had gained $0.83, to trade at $69.71 as of 2:44...

Modular Refineries: Revoke, Re-issue Licences, Reps Urge NNPC       The House of Representatives has urged the Nigerian National Petroleum Corporation to review the status of the licences issued to indigenous companies to run modular refineries. It asked the corporation to revoke and re-issue them to competent and...

NNPC Sells N267bn Crude Oil, Maintains 1.42m bpd Output       The Nigerian National Petroleum Corporation (NNPC) sold crude oil worth N267.59 billion in February, while its total daily production stood at 1.42 million barrels per day in the first quarter of 2021, a document presented to...