N771m NNPC Forfeited Assets Recovered
The Nigerian National Petroleum Corporation says it has recovered assets worth over N771 million from some marketers who under-paid for petroleum products supplied to them. The corporation disclosed this in…
Over $48bn Investment Opportunities Exist In Nigeria’s Oil Industry — NNPC
The Nigerian National Petroleum Corporation, NNPC, Thursday, disclosed that there are currently over $48 billion investment opportunities in the Nigerian petroleum industry, while it called on foreign investors to tap…
Gas Pipeline To Be Completed In 2019
Dr Maikanti Baru, the Group Managing Director, Nigerian National Petroleum Corporation (NNPC), says the Federal Government’s “OB3” gas pipelines project will be completed in the second quarter of 2019. Baru…
BREAKING: NNPC To Begin A Deeper Search For Oil And Gas In Benue
Eniola Olayemi President Buhari has announced in Benue State that the Nigerian National Petroleum Corporation(NNPC) will soon commence drilling for a deeper search for oil and gas in the…
NNPC Reverses Deficit, Posts N2.06bn Surplus
The Nigerian National Petroleum Corporation, NNPC, yesterday, announced a trading surplus of N2.06 billion for November 2018, as against the previous month’s deficit of N12.66 billion. In a statement on…
Buhari Flags Off Oil Drilling At Barambu In Bauchi
President Muhammadu Buhari has directed the Nigerian National Petroleum Corporation (NNPC) to extend its exploration to six basins in the country. Buhari gave the directive at Barambu town in Alkaleri…
Nigeria Earns $640.35m From Crude Export In Oct – NNPC
By Lukman Amusa The Nigerian National Petroleum Corporation (NNPC) says the country earned 640.35 million dollars from the export of crude oil and gas for the month of October, 2018.…
Non-Compliance To Regulations Hinders Oil Industry Growth — Baru
Dr Maikanti Baru, the Group Managing Director, Nigerian National Petroleum Corporation (NNPC), says non-compliance to regulations by operators in the oil and gas sector hinders growth in the industry. Baru…
Petrol Should Now Be Below N145/ Litre – PPPRA
The Petroleum Products Pricing Regulatory Agency (PPPRA) said it has observed a downward trend in the Expected Open Market price of petrol to be below the government approved pump price …
Total Begins Production From Nigeria’s Egina Offshore Oil Field
Total SA said on Wednesday it had started production from the Egina oilfield off Nigeria’s coast, part of a shift by the French energy firm toward deepwater oil and gas…
