NNPC: More Gas Flared Than Supplied To Industries In One Year       The Nigerian National Petroleum Corporation (NNPC) has disclosed that between July 2019 and July 2020, Nigeria flared more gas than it supplied to its domestic industries, averaging about 600.38 million standard feet per day...

Kyari Decries PIB Delay, Says Foreign Investors Losing Confidence       The Group Managing Director of the Nigerian National Petroleum Corporation, Mallam Mele Kyari, has said there is a need for Nigeria to act fast and address the loss of foreign investors’ confidence in the country’s oil...

Tanker Owners Suspend Strike As NNPC, DSS Intervene       The Nigerian Association of Road Transport Owners has suspended the two-day warning strike which it commenced on Tuesday. It halted the strike following the intervention of the Nigerian National Petroleum Corporation and the Department of State Services. On Monday...

Agencies Illegally Took N5.8trn From FG Account – Report     The Nigerian National Petroleum Corporation (NNPC), the Department of Petroleum Resources (DPR) and the Federal Inland Revenue Service (FIRS), have made illegal deductions from the Federation Account estimated at N5.786 trillion between 2014 and 2017, said...

Fresh Concern Over Contract Secrecy In Nigeria’s Oil, Gas Sector       The secrecy shrouding terms and conditions of contracts in Nigeria’s extractive sector has, once again raised concern for stakeholders, especially as the country fights corruption. Although a signatory to the London Anticorruption Summit, and the Open...

78 Firms Bid To Rehabilitate Pipelines, Depots – NNPC       The Nigerian National Petroleum Corporation on Sunday announced that 78 companies submitted virtual bids to rehabilitate its downstream pipelines, associated depots and terminal infrastructure through the finance, build, operate and transfer model. NNPC’s Group Managing Director, Mele...