NNPC

Visible Articles 5 10 15
NNPC shuts down Warri refinery

NNPC shuts down Warri refinery

The Nigerian National Petroleum Corporation, NNPC, yesterday, stated that it had shut down the Warri Refinery, due to some technical issues surrounding its operations.

NNPC faces probe over alleged unremitted N5.1trn

NNPC faces probe over alleged unremitted N5.1trn

THE Senate is set to investigate the Nigerian National Petroleum Corporation, NNPC, over allegation of unremitted fuel subsidy to the tune of N5.1 trillion collected between 2006 and 2015.

NNPC, PPMC revenue hit N1.3trn in 2016

NNPC, PPMC revenue hit N1.3trn in 2016

SALE of petroleum products fetched the Nigerian National Petroleum Corporation, NNPC, and its subsidiary, the Products and Pipeline Marketing Company, PPMC, N1.309 trillion over a 12-month period, between January and December 2016.

NNPC lists steps to achieve 40 bbl reserve by 2020

NNPC lists steps to achieve 40 bbl reserve by 2020

THE Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr Maikanti Baru has explained that the country needs an increment of at least 1billion barrels in reserves and half a million barrels in incremental production capacity per day year-on-year, for it to achieve the 40 billion barrels of crude oil reserves and meet the government’s 2020 production target of 4 million barrels per day.

NNPC secures N126m daily reduction in rig rate

NNPC secures N126m daily reduction in rig rate

The Nigerian National Petroleum Corporation, NNPC, Monday, said it had secured a $416,000 per day reduction, about N126.88 million daily, in its deep offshore rig-rate.

NNPC admits non-remittance of N23bn NESS fees

NNPC admits non-remittance of N23bn NESS fees

The Nigerian National Petroleum Corporation, NNPC, yesterday, admitted that it failed to remit N23.4 billion Nigerian Export Supervision Scheme, NESS, fees, chargeable on crude oil and gas exports since 2008.

NNPC raises February fuel import  by 222,000 tonnes

NNPC raises February fuel import by 222,000 tonnes

The Nigerian National Petroleum Corporation, NNPC, yesterday, said it had increased the February supply of Premium Motor Spirit into the country for February by six cargoes, totaling 222,000 tonnes. The corporation said it had also raised trucks of kerosene and diesel to retail outlets across the country to 250 truckloads daily.