It’s impossible to sell petrol at N145 per litre today – NNPC
As Nigerians grapple with recession, the Nigerian National Petroleum Corporation, NNPC, Monday reminded the nation that the sale of petrol at N145 per litre was no longer feasible with the current price of foreign exchange.
FG to announce NNPC unbundling into 5 operational zones next week
The Minister of State, Petroleum Resources, Dr Ibe Kachikwu, on Thursday said that a major overhaul of the Nigerian National Petroleum Corporation (NNPC) system would be announced in the next one week.
$24bn oil swap/OPA deals: They lied against me—Diezani
Former Minister for Petroleum Resources, Mrs. Diezani Alison-Madueke, has described the narratives of her former group managing directors, GMDs, Nigerian National Petroleum Corporation, NNPC, with regard to the ongoing legislative probe of the oil swap and OPA deals as fabricated tissues of lies
RETURN OF N-DELTA MILITANCY? Major crude oil, gas pipelines bombed
Attacks on oil installations in Delta State entered the third day, yesterday, as militants blew-up major crude oil and gas pipelines to the Chevron Nigeria Limited, CNL, Tank Farm in Warri South West Local Government Area of the state.
NUPENG, PENGASSAN threaten showdown over planned sack of NNPC staff, PIB
The Nigeria Union of Petroleum and Natural Gas Workers, NUPENG, and the Petroleum and Natural Gas Senior Staff Association of Nigeria PENGASSAN, have rejected planned sack of no fewer than 1100 workers of the Nigerian National Petroleum Corporation, NNPC, and threatened to shut down the nation’s petroleum sector should the management go ahead with the sack.
PPMC forces petrol on marketers
The Pipelines and Products Marketing Company, PPMC, now forces marketers to receive Premium Motor Spirit, PMS, popularly called petrol, in a renewed effort to eliminate queues from filling stations.
Fuel crisis defies solution nationwide
The perennial fuel crisis which has blighted the year worsened across the country, weekend, as hundreds of motorists slept in petrol stations with the intention of purchasing the products.
NUPENG rejects planned sack of 1,100 NNPC staff
Nigeria Union of Petroleum and Natural Gas Workers, NUPENG, yesterday rejected planned sack of no fewer than 1100 workers of the Nigerian National Petroleum Corporation, NNPC, and threatened to shut down the nation’s petroleum sector should the management go ahead with the sack.
Leave the Ijaw alone
ijaw,Deziani Allison-Madueke ,NNPC,
Indigenous operators produce 6% of Nigeria’s oil
Independent and marginal oil fields’ operators as at the end of the third quarter, Q3, accounted for about 5.72 per cent of total crude oil and condensates production, according to the Nigerian National Petroleum Corporation, NNPC financial statement.
FG splits PIB, to break NNPC into two companies
THE Federal Government has broken up the controversial Petroleum Industry Bill into different versions and is proposing splitting the Nigerian National Petroleum Corporation, NNPC, into two companies – the Nigeria Petroleum Assets Management Company (NPAM) and a National Oil Company (NOC) that would be run on commercial lines and partly privatised.
