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 to pay N8.14bn damages to firm over failed contract
The Supreme Court on Tuesday upheld its earlier judgment, ordering the Nigerian National Petroleum Corporation (NNPC) to pay $22.6 million (N8.1billion) in damages to BCE Consulting Engineers over a failed Consultancy Service Contract. The NNPC through its counsel had approached the apex court and asked for a review of the July 5 judgment over an […]
Armed robbers murder guard after removing his teeth in Ondo
Sources said that the bandits were furious when they could not get cash from all the rooms searched on arrival at the station and vent their anger on the deceased by forcefully removing his teeth before he was shot at close range.
NNPC saves over $3bn from arbitrations
The Nigerian National Petroleum Corporation, NNPC, yesterday, said it has saved over $3 billion from arbitrations.
DAPPMAN faults NNPC’s sole importation of petroleum products
The Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) says the Nigerian National Petroleum Corporation (NNPC) should not be the sole importer of petroleum products, as this has negatively impacted the industry.
NNPC sets deadline for accurate crude oil, fuel consumption data
THE Nigerian National Petroleum Corporation, NNPC, said within the next 90 days, Nigerians would be able to know the actual volume of crude oil produced in the country, and the actual quantity of petroleum products imported the country.
