OPEC quota: NNPC to focus on gas, condensate to boost revenue
By Obas Esiedesa WITH Nigeria’s oil production restricted to 1.74 million barrels per day by the Organization of the Petroleum Exporting Countries, OPEC, the Nigerian National Petroleum Corporation (NNPC) says it will focus on increasing gas and condensate productions to boost revenue for the country. The Corporation’s Group Managing Director, Mallam Mele Kyari who disclosed […]
NNPC announces N153.17 ex-depot price for petrol
The Nigerian National Petroleum Corporation (NNPC) has announced N153.17 ex-depot price for Premium Motor Spirit (PMS) also known as petrol for the month of November. The corporation announced this in a statement signed by its spokesman, Dr Kennie Obateru, in Abuja on Friday. The ex-depot price is the amount at which the depot owners sells […]
NNPC to sell fuel to marketers at N153.17 per litre online
By Michael Eboh The Nigerian National Petroleum Corporation, NNPC, Friday, disclosed that despite the increase in the Ex-depot price of Premium Motor Spirit, PMS, to N155.17 per litre by its subsidiary, the Petroleum Products Marketing Company, PPMC, oil marketers who patronise its online platform would purchase the product at N153.17 per litre. In a statement […]
$21.686B NLNG Fund: Reps angry over NNPC’s rejection of summons
By Tordue Salem, Abuja The House of Representatives Committee on Public Accounts is piqued by the refusal of the Group Managing Director of Nigerian National Petroleum Corporation (NNPC), Mr. Mele Kyari to respond to appear before the House and answer to the audit query issued to the Corporation by the Auditor General of the Federation […]
NNPC/FIRST E&P JV achieves in OMLs 83/85 – October 2020
The Nigerian National Petroleum Corporation (“NNPC”) and FIRST Exploration and Petroleum Development Company (“FIRST E&P”) Joint Venture is pleased to announce the commencement of oil production from the Anyala West field in Oil Mining Leases (OMLs) 83 & 85. OMLs 83 & 85 are in the shallow waters offshore Bayelsa State (Nigeria) where FIRST E&P […]
Do not switch off the AIS in Nigerian waters, NNPC warns
By Godwin Oritse, with agency report Nigerian National Petroleum Corporation, NNPC,has issued a notice warning its clients and other stakeholders that the Nigerian Navy will investigate, and will arrest ships that switch off their Automatic Identification system, AIS, when operating in Nigerian waters. It further reminds masters of their obligations under SOLAS Reg.V/19 to maintain […]
