Why PPMC Stopped Announcing Monthly Ex-depot Price - NNPC
The Nigerian National Petroleum Corporation (NNPC) on Monday revealed why its subsidiary -Pipeline Products Marketing Company (PPMC) stopped announcing its monthly ex-depot price of the Premium Motor Spirit (PMS).
Its Group General Manager, Group Public Affairs Division,...
We’ll Commence Oil Exploration In Chad Basin Soon – Fed Govt
The Federal Government on Wednesday said it was willing to resume oil exploration in the Lake Chad Basin.
The exercise was suspended by the government in July 2017 after suspected members of Boko Haram attacked...
OML 40 Explosion Damages Marine Storage Vessel, Stalls 10,000bpd
The Nigerian Petroleum Development Company, a subsidiary of the Nigerian National Petroleum Corporation, has reported an explosion at a production facility in Oil Mining Lease 40 involving its partners, Elcrest Exploration and Production Nigeria Limited.
Spokesperson for...
EITI To Back NNPC In Financial Reporting
The Extractive Industries Transparency Initiatives (EITI) has promised to support the Nigerian National Petroleum Corporation in the aspect of the oil firm’s financial reports.
EITI is a multi-stakeholder coalition that promotes extractives transparency and accountability in over 50 countries.
The...
PIB: Host Communities And Transparency In Nigeria’s Oil Sectors
By Hon Abdullahi Mahmud Gaya
Petroleum Industrial Bill (PIB) was introduced to the National Assembly in 2007 contrary to all Nigerians expectations.
The Bill, in its wholesale form, has survived three presidents and four convocations of the National Assembly....
NNPC has 2billion litres of petrol in stock- Kyari
...assures of Product Availability
The Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has assured motorists of ample availability of Premium Motor Spirit (PMS) revealing that the Corporation has more than...
