Local companies now bid for crude oil term contracts – NNPC
The Nigerian National Petroleum Corporation, NNPC, and the Nigerian Content Development and Monitoring Board, NCDMB, yesterday, committed to growing local content in the oil and gas industry from the current 40 per cent to 70 per cent by 2027 as part of strategies to sustain economic development in country.
Confusion over fuel subsidy as Finance ministry, NNPC disagree on stashed, used 3.5b dollars
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.
NNPC, BP sign 6-month crude-for-product swap
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.
NNPC dump has polluted our waters, farmlands — Community
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.
NNPC subsidiary resumes international shipping of Crude oil
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.
NNPC records N7.15bn trading surplus for June
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.
FG has no plan to review pump price – NNPC
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.
Petrol price stays at N145, NNPC debunks fake news
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.
Pipeline explosion: Abia govt urges NNPC to commence repair works
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.
NNPC denies funding Buhari campaign
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.
Port Harcourt refinery gets financier – NNPC
The Nigerian National petroleum Corporation (NNPC) says that some of the financing companies it approached to revamp the country’s refineries have shown interest in Port Harcourt refinery.
