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October 24, 2020
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The Nigerian National Petroleum Corporation has commiserated with the Government and people of Lagos State and especially the victims over the unfortunate tanker explosion which occurred on the Otedola Bridge, in Lagos, in the early hours of Saturday. According to reports, the unfortunate incident occurred when a container truck loaded with fabric experienced a brake Continue Reading
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…Considers Legal Redress against Saharareporters, Nairaland The Nigerian National Petroleum Corporation has refuted reports in a section of the media alleging that it paid bribe to the National Association of Nigerian Students (NANS) and provided funds for the All Progressives Congress (APC) to buy votes in the just concluded Ondo State gubernatorial election. In a […]Continue Reading
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Barely five months after publishing its 2018 Audited Financial Statement, the Nigerian National Petroleum Corporation (NNPC) has released its 2019 Audited Financial Statement with a 99.7% reduction in its loss profile from ₦803bn in 2018 to ₦1.7bn in 2019. A statement by the Corporation’s spokesman, Dr. Kennie Obateru, quoted the NNPC Chief Financial Officer (CFO), Continue Reading
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Retailing stations operated by the Nigerian National Petroleum Corporation (NNPC) would have the Compressed Natural Gas (CNG) by December, Group Managing Director (GMD) Malam Mele Kyari, said on Monday. According to him, the deployment will be extended to independent retail stations as the NNPC plans to replicate the plants in about 200 to 300 non-NNPC […]Continue Reading
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…Says Corporation’s Pipelines No Where Near Location of IncidentThe Nigerian National Petroleum Corporation has commiserated with the Government and people of Lagos State, and particularly the residents of Baruwa area, on the gas plant fire incident that ravaged the community in the early hours of Thursday.A press release by the Corporation’s Group General Manager, Group Continue Reading
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…Calls for Collaboration among Downstream Players across AfricaThe deregulation of the downstream sector of the oil and gas industry in Nigeria will increase investment in the refining business and facilitate exponential growth in the nation’s refining capacity. This was the submission of the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Continue Reading
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…As Kyari Urges Speedy Passage of PIBIn keeping with the objectives of the United Nation’s 2030 Agenda for Sustainable Development and the Paris Climate Accord, the Nigerian National Petroleum Corporation (NNPC) is focusing on growing the nation’s domestic gas utilization for balanced economic growth.Group Managing Director of NNPC, Mallam Mele Kyari, disclosed this Continue Reading
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The President, Muhammadu Buhari, has transmitted the much awaited Petroleum Industry Bill 2020 to the National Assembly and has proposed the creation of the Nigerian National Petroleum Company Limited. The bill, which was sighted by our correspondent on Sunday, also proposes the scrapping of the Nigerian National Petroleum Corporation and the Petroleum Products Pricing Continue Reading