A total of 350 pipeline points were vandalised from January to July this year, the latest data obtained from the Nigerian National Petroleum Company Limited have...
NNPC’s remittances to FAAC fall by N1.78trn as Petrol subsidy hits N1.16tn in 11 months Nigerian National Petroleum Company Limited’s (NNPC) contribution to the federation accounts...
The cost of Premium Motor Spirit (PMS), also known as petrol, imported into Nigeria from January to September this year surged by 55.56 per cent to...
The House of Representatives, on Thursday threatened to mete severe measures on Polaris Bank over a controversial payment of $32 million dollars debt the lender owes...
Mele Kyari, the Group Managing Director of NNPC has said there is provision in the Petroleum Industry Act (PIA) that gives room for individuals to acquire...
NNPC incurred N473bn loss operating 3 moribund refineries – Report The Nigerian National Petroleum Corporation incurred a loss of N473.3 billion in operating moribund...
NNPC spends N966bn on pipeline repairs in 6 years The Nigerian National Petroleum Corporation (NNPC) has explained that it spent N966 billion to repair pipelines...
Nigeria loses N151.78bn crude oil monthly – NNPC Nigeria is currently losing an average of 200,000 barrels of crude oil daily, the Nigerian National Petroleum...
How Nigeria lost 41% in oil export proceeds Proceeds from oil export fell by a whopping 41.44 per cent to $2.033 billion in the first...
NNPC rakes in $120.49m crude oil revenue in September The Nigerian National Petroleum Corporation (NNPC) has announced a total export receipt for crude oil and...
NNPC revenue soars 37.3% TO N222.3bn in November The Nigerian National Petroleum Corporation (NNPC) recorded a gross revenue of N222.3 billion, excluding statutory and...
Nigeria targets N2.8trn revenue with new gas project Facility to provide 3.5m megawatts electricity in 25yrs About N2.8 trillion-revenue is expected from a new 200...
Nigeria’s oil production value surged to $2.7 billion as output hit 2.49 million barrels per day at the peak of COVID-19 in April, 2020. The last...
The Nigeria National Petroleum Corporation (NNPC) says the country’s oil revenue target declined by N1.06 trillion due to COVID-19 and low crude oil price. Nigeria loses...
Deliberations on the Petroleum Industry Bill (PIB) by the National Assembly has been shifted to the first quarter of next year, the Minister of State for...
Oil marketers on have decried losing over N320 billion worth of investments as a result of government imposed product prices. The marketers under the aegis of...
The Group Managing Director of the Nigerian National Petroleum Corporation, Mallam Mele Kyari, has said there is a need for Nigeria to act fast and address...
The Nigerian National Petroleum Corporation (NNPC) has shortlisted 78 companies to bid for the rehabilitation of oil pipelines and depot infrastructure across the country. Over 300...
Nigerian government is now thinking about privatising it's four refineries by selling majority stakes that it had hold done to over the years
Latest figures from the Nigerian National Petroleum Corporation (NNPC) have shown that the government-owned oil firm made an under-recovery of N5.348 billion in June this year....
