Senate mandates committee to probe NNPC over ailing refineries
The Senate on Thursday mandated its Committee on Downstream Petroleum Sector to carry out a holistic investigation on the turnaround maintenance expenditure and current state of the refineries in the country. The resolution were sequel to a Point of Order raised by Sen. Yusuf Yusuf (APC-Taraba Central) during plenary. It also mandated the committee to […]
NNPC records 22% growth in trading surplus
The Nigerian National Petroleum Corporation, NNPC, yesterday, announced an increased trading surplus of N5.20 billion for August 2019, reflecting an increase of 22 per cent when compared with the N4.26 billion surplus posted in July 2019,
Breach of Nigerian Laws: Senate probes actions of NNPC
***Seeks to unravel the influx of foreign vessels in the Coastal Region ***To investigate level of patronage of Nigerian shipping companies By Henry Umoru – Abuja The Senate has begun probe into what described as a worrisome breach of Nigerian Laws by Foreign Vessels in coastal shipping of Petroleum products in downstream sector of the […]
NNPC set to take measures to curb oil theft
The Nigerian National Petroleum Corporation (NNPC), says it is taking measures to address the menace of pipeline vandalism and crude oil theft in the nation’s Oil and Gas industry. The Group Managing. Director, Malam Mele Kyari disclosed this at the inaugural Nigeria Extractive Industries Transparency Initiative (NEITI) Policy Dialogue in Abuja on Tuesday. He said […]
NNPC partners tanker drivers, others to tackle pipeline vandalism
The Nigerian National Petroleum Corporation (NNPC), yesterday, said it has forged an alliance with some key stakeholders in the downstream sector of the petroleum industry with a view to stamping out the ugly incidences of oil pipeline vandalism while ultimately sustaining the prevailing sanity in the supply and distribution of Petroleum Products across the country.
NNPC seeks support in curbing oil pipelines vandalism
The Nigerian National Petroleum Corporation (NNPC) on Monday called on Nigerians and security agencies to join its effort at curbing the menace of oil pipeline vandalism in the country.
