The Nigerians National Petroleum Corporation (NNPC) says it has transferred the sum of N128.40billion into the federation account in August.

The Nigerians National Petroleum Corporation (NNPC) says it has transferred the sum of N128.40billion into the federation account in August.

The Senate on Tuesday gave its Committee on Petroleum (Gas) nod to investigate alleged diversion of 1.05 billion dollars by the Nigeria National Petroleum Corporation (NNPC).

THERE are indications that the inability of the country’s refineries to meet domestic demand for petroleum products may have affected the Nigerian National Petroleum Corporation, NNPC, projected annual revenue savings of $1 billion.

Senate President, Bukola Saraki, has said that the Senate, on resumption of plenary, would probe the claim that the Nigerian National Petroleum Corporation, NNPC, diverted the dividends from the Nigerian Liquified Natural Gas, NLNG, to defray the cost of under-recovery in the importation of fuel.

The Nigerian National petroleum Corporation (NNPC) has assured motorists that it has adequate petroleum products that will serve the nation, irrespective of the proposed strike by the Nigerian Labour Congress.

Confusion has continued to mount over existence of fuel subsidy under the Buhari administration as the Federal Ministry of Finance has denied knowledge of a 3.5 billion-dollar fund allegedly kept and utilised by the Nigeria National Petroleum Corporation (NNPC) for fuel subsidy.

The Nigerian National Petroleum Corporation, NNPC, yesterday, said it has signed a six-month crude-for-product swap agreement otherwise known as Direct Sale-Direct Purchase (DSDP) with BP Oil International Limited, the trading arm of British Petroleum (BP), for the supply of Premium Motor Spirit (PMS) also known as petrol.

ABA – Chairman of Osisioma Ngwa council area, Abia State, Hon. Benjamin Mgbeahuru, has lamented that the people of the area lack potable water as the Nigerian National Petroleum Corporation, NNPC, dump has polluted their land.He stated that some pipeline host communities can no longer farm on their lands due to the devastating effects of  spillage and effluent   from the NNPC depot.  South East Voice observed that the NNPC depot dump located along Geometric road had encroached on  the road and poses danger to motorists.

The Nigerian National Petroleum Corporation (NNPC), says  its  subsidiary, NIDAS Shipping Services, has resumed the international shipment of crude oil,  petroleum products and had already gotten its first consignment.

The Nigerian National Petroleum Corporation (NNPC) says it has made N7.15 billion as trading surplus in the month of June, lower than N18.12 billion made in May.

The Nigerian National Petroleum Corporation (NNPC) says it has no plan to review pump prices of petroleum products, especially Premium Motor Spirit (PMS), popularly known as petrol.

The Nigerian National Petroleum Corporation (NNPC) has debunked the trending fake news of an impending review of pump prices of petroleum products, especially Premium Motor Spirit (PMS), called petrol.

IN an effort to avert further explosion and loss of lives in the pipeline host communities, Abia State government has urged the Nigerian National Petroleum Corporation, NNPC, to commence repair works on the 143 kilometre pipeline across the state.

The Nigerian National Petroleum Corporation, NNPC, Friday, described as false, allegations that it is subtly funding the media and publicity arm of the re-election campaign of President Muhammadu Buhari.