Fuel theft: NNPC should go beyond sack of officials – Senate
The Senate has commended the Nigerian National Petroleum Corporation (NNPC) for responding to the motion moved during a plenary session by Senator Kabiru Marafa, chairman, Committee on Petroleum Downstream Sector, on the theft of petroleum products kept in the farm tanks of two oil companies and urged the corporation to take more radical measures to […]
NNPC accuses DISCOs, TCN of frustrating stable power supply
The Nigerian National Petroleum Corporation, NNPC, yesterday, accused Distribution Companies, DISCOs, and the Transmission Company of Nigeria, TCN, of frustrating stable power supply in the country.
Pipeline Vandalism: NNPC again appeals to Niger Delta militants
The Group Managing Director of Nigerian National Petroleum Corporation (NNPC), Dr Maikanti Baru, has appealed to militants in the Niger Delta to stop attacks on oil facilities.
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
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.
NPDC’s Daily Crude Oil Production to Rise to 500,000b/d, Gas, 1500mmscf
The Nigerian National Petroleum Corporation, NNPC has expressed its commitment to grow the Nigerian Petroleum Development Company’s, NPDC, crude oil production to 500,000 barrels per day by 2020.
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
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
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 says subsidiary, IDSL, not responsible for pipeline explosion
The Nigerian National Petroleum Corporation (NNPC) has said that its subsidiary, Integrated Data Services Limited (IDSL), was not responsible for the pipeline explosion which occurred on Thursday in Rivers.
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.
