Fiscal framework will enhance gas development — NNPC GMD
The Nigerian National Petroleum Corporation (NNPC) has called for a legislative framework with clear fiscal terms in order to tap the full potential of the gas resources in the nation’s deepwater acreages. The Group Managing Director of NNPC, Mallam Mele Kyari, made the call at a one-day public hearing on “Inclusion of Gas Terms in […]
Nigeria’s sales of petroleum products surges by 92% – NNPC
By Prince Okafor The Nigerian National Petroleum Corporation, NNPC, Thursday, said its downstream subsidiary, Petroleum Products Marketing Company, PPMC, recorded a total of N158.04 billion from the sales of white product in the month of October 2020. This is an increase of 92 percent, when compared to N80.15 billion recorded on the previous month of […]
NNPC makes N1.9trn from petroleum products sales in 12 months
By Obas Esiedesa THE Nigerian National Petroleum Corporation (NNPC) Thursday disclosed that it generated N1.95 trillion from the sales of petroleum products in 12 months, from October 2019 to October 2020. The Corporation in a statement, yesterday, by its Group General Manager, Group Public Affairs Division, Dr. Kennie Obateru said premium motor spirit (petrol) accounted […]
How PIB’ll promote economic growth, ensure transparency in oil, gas sector — Minister, NNPC, FIRS
Stakeholders and players in the oil and gas sector of the Nigerian economy yesterday took turns to highlight the significant-good inherent in the proposed Petroleum Industry Bill, PIB currently undergoing legislative scrutiny in the national assembly.
Deprive yourself for needy, NNPC boss charges wealthy Nigerians
The General Manager, Strategy and Planning at the Nigerian National Petroleum Corporation, NNPC, Mr Marcel Amu has asked wealthy Nigerians to strive and deprive themselves of some comfort in order to help the less privileged citizens.
96 firms bid for rehabilitation of NNPC downstream infrastructures
No fewer than 96 companies from various jurisdictions have indicated interest in undertaking the rehabilitation of the Nigerian National Petroleum Corporation’s (NNPC) downstream infrastructure.
