Oil Sector Loses 754,000bpd To Pipeline Vandalism - NNPC   Nigeria’s oil sector is estimated to have lost over 754,000 barrels per day (bpd) in February, to production shut-in occasioned by pipeline vandalism, according to the latest monthly financial report of the Nigerian National Petroleum Corporation...

NGPTC To Deliver Pipeline Projects, Records N6.1bn Profit The Group Managing Director, Nigerian National Petroleum Corporation, Maikanti Baru, has announced a profit after tax of N6.11bn for the Nigerian Gas Processing and Transportation Company, a subsidiary of the NNPC. He said the PAT was recorded in...

Power Generation Increases By 1,304MW As NNPC Repairs Pipeline   Power generation has risen to 3,876.9 megawatts after the Nigerian National Petroleum Corporation fixed the gas pipeline that was ruptured on Friday, which supplies gas to most thermal electricity generating plants in the country. Data obtained from...

Depot, Pipeline Maintenance Gulped N167bn In 13 Months     The Nigerian National Petroleum Corporation (NNPC) spent about N167 billion to maintain its networks of pipelines and depots in one year, official records have shown. A new agency, Nigerian Pipelines and Storage Company (NPSC), was created out of...

Fresh Explosion Hits Escravos-Lagos Pipeline Just Four Days After Repair The Escarvos to Lagos Pipeline has been ruptured by an explosion along Egbokodo-Omadino, in Warri South Local Government Area of Delta State, the Nigerian National Petroleum Corporation has said. This is coming four days after the...