NNPC gets $100m bank guarantee reprieve from UK Supreme Court
Nigerian National Petroleum Corporation, NNPC, Tuesday, said it has been granted a reprieve in a unanimous judgment by the Supreme Court of the United Kingdom over a $100 million Bank guarantee in a case involving the Corporation and a service company, IPCO (Nigeria) Limited.
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.
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.
Kaduna Refinery loses N2.2bn to water pipeline vandals – NNPC
The Nigerian National Petroleum Corporation, NNPC, yesterday, stated that its subsidiary, Kaduna Refining and Petrochemical Company, KRPC, was losing an average of N2.2 billion annually to illegal tapping of its raw water pipeline, running from Kaduna River.
NNPC to implement 12 business focus areas
THE Nigerian National Petroleum Corporation, NNPC, yesterday said it will implement a 12 Business Focus Area, BUFA, to instituionalise efficiency, profitability and growth.
