NNPC
‘Inevitable’: Nigeria Confirms Imminent Petrol Price Hike
The Nigerian government says it will not continue to bear the burden of paying subsidy for premium motor spirit also known as petrol, a clear hint that prices of the
NNPC records ₦24.19bn trading surplus in December – Report
The Nigerian National Petroleum Corporation (NNPC) says it recorded an increase of ₦24.19billion trading surplus in December 2020, compared to the ₦13.43billion surplus recorded in November of the same year.
NNPC yet to remit N4.07 trillion from 2015/2016 crude sales
A review of the 2015/2016 audited report of the Nigeria National Petroleum Corporation (NNPC) has revealed that the organisation may have failed to remit N4.07trillion revenue from domestic crude oil
NNPC justifies $1.5bn PH refinery rehabilitation cost
…says new refinery may cost $12bn By Obas Esiedesa The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has moved to justify the $1.5 billion
Renewed concerns over energy transition, declining oil investment
Oil and gas experts, yesterday, reiterated concerns about Nigeria’s declining investment profile, poor fiscal environment and growing pressure to transit from fossil fuels. The post Renewed concerns over energy transition,
NNPC insists petrol depot price will not increase in March
The Nigerian National Petroleum Corporation has insisted that petrol depot price will remain unchanged in March. This is coming as a reaction to the Petroleum Products Pricing Regulatory Agency, PPPRA
Refineries’ rehab, oil search, pipeline, others gulp N21bn — NAPIMS
By Udeme Akpan The National Petroleum Investment Management Services, NAPIMS, a subsidiary of the Nigerian National Petroleum Corporation, NNPC, invested N21.47 billion to rehabilitate the nation’s refineries, the Nigeria-Morocco gas
Fiscal framework will enhance gas development — NNPC GMD
The Nigerian National Petroleum Corporation (NNPC) has called for a legislative framework with clear fiscal terms in order to tap the full potential of the gas resources in the nation’s
Nigeria signs fresh five-plug bilateral deal on industrial growth
Nigeria has signed a $1.4 billion memorandum of understanding (MoU) with Morocco to enhance its industrial capacity and boost the performance of the agriculture sector. The post Nigeria signs fresh
Right gas pricing regime to aid industrialisation, says SPDC
The Shell Petroleum Development Company of Nigeria Limited (SPDC), has restated commitment to support the Federal Government of Nigeria’s goal of using the country’s proven gas reserves to trigger economic
