NNPC denies N36bn compensation to P’Harcourt refinery’s host community
The Nigerian National Petroleum Corporation, NNPC, Sunday, denied approving N36 billion compensation, as royalty to Alesa-Eleme community for playing host to one of its subsidiaries, Port Harcourt Refining Company, PHRC.
Nigeria to achieve 90% refining capacity in 2019 — NNPC
Hope of reducing Nigeria’s export of its crude oil overseas for refining has been rekindled by the assurance of the Group Managing Director, GMD, Nigerian National Petroleum Corporation, Dr. Maikanti Baru that the nation will achieve at least 90 per cent refining capacity by the end of 2019.
Diezani, Omokire, Aluko looted $3b NNPC funds – Presidency
THE PesidencyMonday accused the trio of former minister of Petroleum Resources Diezani Allison-Madueke, Jide Omokore and Kola Aluko of looting $3billion from the Nigerian National Petroleum Corporation (NNPC).
NNPC denies social media recruitment advert
The Nigerian National Petroleum Corporation (NNPC) says the recruitment advertisement by the corporation currently trending on social media is false.
NNPC raises $12bn for projects, crude forward sales
Despite the non- passage of the contentious Petroleum Industry Bill, PIB, by the National Assembly, Nigeria appears to be attracting investors in the oil and gas industry as the Group Managing Director of the Nigerian National Petroleum Corporation, NNPC, Dr. Maikanti Baru, said the corporation had raised about $11.9 billion to finance projects and crude forward sales.
Fuel Subsidy: NNPC recorded N144.5bn under-recovery in 2017
The Nigerian National Petroleum Corporation, NNPC, said that it spent N144.53 billion in subsidising premium motor spirit, PMS, also known as petrol in 2017, translating to an average of N366 million per day.
NCDMB, NNPC to use one approval desk for oil projects
The Nigerian Content Development and Monitoring Board (NCDMB) and the Nigerian National Petroleum Corporation (NNPC) will before the end of 2018 start using a one-stop shop arrangementfor reviewing and approving oil industry projects and contractsin a bid to shorten the industry contracting cycle.
Volatile oil markets and NNPC products pricing burden
In discussing transformation in contemporary Nigerian National Petroleum Corporation, NNPC, Alvin Toffler’s Adaptive Corporation is always a guide that in real life, the decision-maker must continually adjust to those consequences, and, in doing so, deviate from the clear course laid out in advance
AKK Project Will Accelerate Nigeria’s Economic Development- NNPC
The Ajaokuta, Kaduna, Kano pipeline otherwise called AKK was conceived to ensure the nation’s energy security and to act as a catalyst to propel industrial development and boost agriculture in the country.
NNPC seeks funding to complete NPDC’s asset
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, has assured of the corporation’s commitment to securing funding for the completion of a new head office of the Nigerian Petroleum Development Company (NPDC), one of the flagship upstream subsidiary companies of the corporation.
AKK Project Will Accelerate Nigeria’s Economic Development— NNPC
The Ajaokuta, Kaduna, Kano pipeline otherwise called AKK was conceived to ensure the nation’s energy security and to act as a catalyst to propel industrial development and boost agriculture in the country.
