By Michael Eboh Hours after mobilising oil and gas firms to intervene with over $30 million in the country’s efforts at tackling the Coronavirus (COVID-19) pandemic, the Nigerian National Petroleum Corporation (NNPC), on Friday, also donated 17 items, comprising 10 ventilators, ambulances and oxygen generating plant among others, to the COVID-19 isolation centre at the […]

The Nigerian National Petroleum Corporation (NNPC) has in partnership with 31 players in the upstream segment of Nigeria’s  oil and gas value-chain  to  provide N11 billion ($30 million) intervention fund to tackle Coronavirus (COVID-19) pandemic in the country.

Oil marketers donate N120m, ventilators, coveralls, others By Michael Eboh The Nigerian National Petroleum Corporation (NNPC) and 33 oil and gas companies, Friday, donated $30 million, about N11.4 billion to the Federal and state governments to fight the spread of the Coronavirus (COVID-19) pandemic in the country. Addressing newsmen in Abuja, Group Managing Director of […]

The Nigerian National Petroleum Corporation, NNPC, Tuesday, directed all its office-based staff, below management cadre to with effect from today (Tuesday), begin working from home, as parts of measures to contain the spread of the Coronavirus, COVID-19, pandemic currently ravaging the globe.

The Nigerian National Petroleum Corporation (NNPC) has announced a trading surplus of ₦5.28 billion for December 2019.

The Nigerian National Petroleum Corporation, NNPC, yesterday, said its trading surplus appreciated by 33.7 per cent to N5.28 billion in its December 2019 operations compared to the N3.95 billion surplus posted in November last year.  

FRESH facts emerged before the Senate yesterday that the money found in the Ikoyi swanky apartment of the former Director-General of National Intelligence Agency, NIA, Ayodele Oke by operatives of the Economic and Financial Crimes Commission (EFCC) was a fraction of $289million cash collected by the DG from the Nigerian National Petroleum Corporation, NNPC.

Some petrol filling stations in Dutse and Hadejia council areas of Jigawa on Thursday reduced the pump price of Premium Motor Spirit (PMS), from N145 to N125 per litre. President Muhammadu Buhari gave the approval for the reduction in the price of PMS on Wednesday following a drop in crude prices which further lowered open […]

Following the directive of the Federal Government that it reduce the price of Premium Motor Spirit, also known as petrol, the Petroleum Products Pricing Regulatory Agency, PPPRA, yesterday, announced N125 per litre as the new price of the commodity, effective March 19, 2020.

With this fund, do you think indigenous operators can now handle major projects in the industry Even before the funds, Nigerian companies have really developed their capacity and are doing heavy duty projects. For example, before the advent of the law itself, all fabrication works were done outside the country. But between now and then, […]

Governor Ifeanyi Okowa of Delta State, has expressed doubts over monies the Nigeria National Petroleum Corporation, NNPC, paying into the Federation Account, saying that most times, the states were not comfortable with figures being bandied by NNPC and Federal Government.

The Nigerian National Petroleum Corporation, NNPC, Sunday, blamed the  explosion that occurred at the Abule-Ado Area of Lagos State, in the early hours of Sunday, on a gas  explosion which occurred after a truck hit some gas cylinders stacked in a gas processing plant located near the corporation’s system 2B Pipeline Right of Way.

…CBN to fund local drugs production, specialist hospitals Emma Ujah, Abuja Bureau Chief Faced with global oil price crash, the Group Managing Director (GMD) Mr. Mele Kyari has alerted the nation of the consequences, asking Nigerians to prepare for trouble. Oil prices have fallen to about $32 per barrel while Nigeria’s federal government 2020 budget […]

abuja—As top Federal Government officials battle to find ways to minimise the impact of the oil price crash on the Nigerian economy due to the global coronavirus crisis, the Group Managing Director (GMD) Mr. Mele Kyari, Nigerian National Petroleum Corporation, NNPC, has alerted Nigerians to prepare for trouble. 

The Major Marketers Association of Nigeria, MOMAN, at the weekend reiterated its continued partnership with the Nigerian National Petroleum Corporation (NNPC) to ensure seamless supply of petroleum products across the country. In a statement sent to Vanguard, Chairman of MOMAN, Mr. Tunji Oyebanji, who stated this in Lagos, urged the Federal Government to consider removing […]