NNPC

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.
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Wealth and abstruse NNPC petroleum operations

Wealth and abstruse NNPC petroleum operations

It is embarrassingly unimaginable that today we sell crude oil for an average of US$350 a ton and buy back refined imported products and derivatives from that quantity for as much as US$3000

Oil marketers threaten NNPC over bulk petrol importation

Oil marketers threaten NNPC over bulk petrol importation

Hints that Nigeria might be facing another round of fuel crisis emerged yesterday, as oil marketers in Nigeria, under the aegis of the Depot and Petroleum Products Marketers Association, DAPPMA, disclosed that oil marketers now only import 10 per cent of petroleum products into the country.

NNPC establishes risk eveluation mechanism in N/Delta

NNPC establishes risk eveluation mechanism in N/Delta

Nigerian National Petroleum Corporation (NNPC) said it has created security management platforms that would enable it identify and evaluate risks, develop and superintend implementation of investigations, aggregate and deploy necessary resources to guarantee peaceful business environment in the Niger Delta.

Senate to probe non remittance of $3.48bn by NNPC, NPDC from 2013 to date

Senate to probe non remittance of $3.48bn by NNPC, NPDC from 2013 to date

By Henry Umoru & Joseph Erunke ABUJA- THE Senate has accused the Nigerian National Petroleum Cotporation, NNPC and the Nigerian Petroleum Development Company, NPDC of alleged unlawful and willful misappropriation of public revenue to the tune of $3.487 billion. Against this backdrop, the Senate Tuesday mandated its Committees of Petroleum Resources (Upstream) and that of […]