Update: Private firms to finance Nigeria’s refineries’ rehabilitation – NNPC
The Nigerian National Petroleum Corporation, NNPC, Wednesday, stated that the rehabilitation of the country’s three refineries would be financed by private investors and companies.
NNPC, IOCs plan joint security apparatus to curb oil, gas sabotage
The Nigerian National Petroleum Corporation (NNPC) is working closely with the international oil companies (IOCs) to deploy a structured and holistic security apparatus to tackle incidence of oil and gas infrastructure sabotage in the country.
NNPC saves $3bn, cut oil production cost to $23/barrel
The Nigerian National Petroleum Corporation, NNPC, Wednesday, said it has saved the country over $3 billion annually, since August 2015 and had been able to drag down the cost of crude oil production from $78 per barrel as at August 2015 to $23 per barrel, representing a 70.5 per cent reduction.
Chinese banks invest $250m in Nigeria’s oil sector
NIGERIAN National Petroleum Corporation, NNPC, yesterday, said a consortium of Chinese banks have invested $250 million in the Nigerian petroleum industry.
IPMAN chairman wants Abia govt to fix nnpc depot road
Chairman, Independent Petroleum Marketers Association Nigeria, IPMAN, Aba depot, Chief Christian Ahukanna, has urged the Abia State Government to repair the road leading to the Nigerian National Petroleum Corporation depot at Osisioma Ngwa.
NNPC unveils plans to expand gas generation, distribution-GMD
The Nigerian National Petroleum Corporation (NNPC) says it has unveiled plans to expand gas generation and distribution in the country to support Federal Government’s plan of generating 10 GigaWatts of electricity.
