nnpc news

  1. From Oil Rigs to Households: NNPC's Contract Revamp Promises to Benefit Every Nigerian's Pocket

    Nigeria From Oil Rigs to Households: NNPC's Contract Revamp Promises to Benefit Every Nigerian's Pocket

    NNPC Ltd, Nigeria's state oil firm, and leading oil companies have decided to streamline their contract discussions in a move that resonates with the aspirations of every Nigerian. According to Reuters, the negotiation period is set to be reduced from three years to just six months. This...
  2. S

    Politics Dr Maikanti Kachalla Baru, past GMD of NNPC, is dead

    Dr Maikanti Kachalla Baru, immediate past GMD of NNPC, is dead. This news was announced by the current GMD of NNPC, Mele Kyari in a twitter post.
  3. Nigeria Metro News

    Metro Ex-NNPC boss reels out 9-point agenda to unseat Obaseki – Pulse Nigeria News

    Former Group Managing director of the Nigeria National Petroleum Corporation (NNPC), Mr Chris Ogiemwonyi, has rolled out his nine-point agenda that would serve as major pillars of development blue print if elected as next Governor of Edo.... Read more via Pulse Nigeria News –...
  4. Nigeria Business News

    Business PIPELINE VANDALISM: NIGERIA’S LOSSES HIT N64.8BN IN ONE YEAR – Newtelegraph

    The average loss to vandalism and theft on system 2B, a pipeline used by the Nigerian National Petroleum Corporation (NNPC) to transport petroleum products from Atlas Cove Jetty in Lagos to all the depots across the country, has hit N64.8 billion in the last one year.... Read more via...
  5. Nigeria Metro News

    Metro 5 killed as pipeline fire razes homes, vehicles in Lagos – Vanguard News

    Tragedy struck late Sunday night when yet to be identified underaged girl, her mother and three men were burnt to death following raging fire from a vandalised petroleum pipeline of the Nigerian National Petroleum Corporation, NNPC... Read more via Vanguard News – https://ift.tt/2ufhpxF Get...
  6. Nigeria Metro News

    Metro 2 bodies recovered from scene of fresh Lagos pipeline explosion – Pulse Nigeria

    The National Emergency Management Agency (NEMA) on Sunday said that two bodies had been recovered from the explosion site of a Nigerian National Petroleum Corporation (NNPC) pipeline at Ile Epo axis of Alimosho Local Government Area of Lagos State. Mr Ibrahim Farinloye, Acting Coordinator...
  7. Nigeria Metro News

    Metro VIDEO: Pandemonium as pipeline explodes in Lagos – Tribune Online

    A pipeline belonging to the Nigerian National Petroleum Corporation (NNPC) has exploded in the Oke-Ode area of Abule-Egba, Lagos State, causing chaos in the area. The sad development which occurred Sunday evening was … Read more via Tribune Online – https://ift.tt/2G6l6II Get More Nigeria...
  8. Nigeria Business News

    Business NNPC’s expenditures surge to N535.4bn in one month – Newtelegraph

    The monthly spending by the Nigerian National Petroleum Corporation (NNPC) surged by 7.46 per cent to reach N535.4 billion in August. This, the corporation said in its August Monthly Financial and Operational Report (MFOR) released yesterday, is almost at par with the revenues made in the...
  9. Nigeria Political News

    Politics President Buhari Returns To Abuja – Nairaland

    President Muhammadu Buhari has returned to Abuja after five-day official visits to Malabo, Katsina and Kaduna State. The president had on Nov. 28 departed Abuja to participate at the 5th Gas Exporting Countries Forum (GECF) Summit in Malabo, Equatorial Guinea..... Read more via Nairaland –...
  10. Nigeria Business News

    Business NNPC trucks out N2.5trn worth of petrol in 10 months – Newtelegraph

    The Nigerian National Petroleum Corporation (NNPC) trucked out N2.517 trillion worth of Premium Motor Spirit (PMS) also known as petrol in 526,000 trucks across the country in the last 10 months. The corporation noted that 17.36 billion litres of PMS were moved out between January and October...
  11. Nigeria Business News

    Business $62bn Controversy: Why Nigeria could not amend contracts with IOCs — NNPC COO – Premium Times Nigeria

    The recent decision by the Federal Government through the Office of the Attorney General of the Federation and Minister of Justice, Abubakar Malami, to demand from the international joint venture oil companies the payment of $62 billion as arrears of revenue they should have paid based on …...
  12. Nigeria Business News

    Business Oil exploration breakthrough in Gongola opens up new frontiers – Nairametrics

    On October 10, the NNPC drilling crew working at Kolmani River-II in Gongola Basin encountered hydrocarbon outflow to the wellhead while testing. Preliminary evidence from the exploration area revealed that the hydrocarbon deposits consist of gas, condensate, and light, sweet crude … Read...
  13. Nigeria Business News

    Business Russia, Nigeria sign agreements on oil exploration, rail modernisation – Newtelegraph

    The Government of Russia has signed a Memorandum of Understanding (MoU) with Nigeria for deep oil offshore exploration in the country. Also, some Russian companies and.... Read more via Newtelegraph – https://ift.tt/363aaan Get more: Nigeria Business News
  14. Nigeria Political News

    Politics Court suspends NNPC ongoing job recruitment – P.M. News

    The Federal High Court sitting in Abuja has ordered the suspension of Nigeria National Petroleum Corporation (NNPC) ongoing job recruitment pending determination of a suit filed by one Mr Pelumi Olajengbesi..... Read more via P.M. News – https://ift.tt/2BlswoS Get More Nigeria Political News
  15. Nigeria Business News

    Business Report: NNPC Spent $396.33m on Refineries TAM in Four Years – Thisdaylive

    The Nigerian National Petroleum Corporation (NNPC) reportedly spent a whopping $396.33 million between 2013 and 2017 – a period of four years, to carryout repair works under the Turn Around Maintenance (TAM) scheme on three of its decrepit refineries in Port Harcourt, Warri and Kaduna, … Read...
  16. Nigeria Business News

    Business Mele Kyari: Poor Maintenance Culture Crippled Nigeria’s Refineries – Thisdaylive

    The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mr. Mele Kyari, has blamed the moribund state of the country’s refineries on lack of proper maintenance of the facilities over the years. He acknowledged that Nigeria has one of the highest numbers of … Read...
  17. Nigeria Metro News

    Metro Robbers Attack NNPC Mega Station In Ilorin, Behead Policeman – Leadership Newspaper

    Suspected armed robbers on Saturday attacked Nigerian National Petroleum Corporation (NNPC) mega station in Ilorin, the Kwara State capital. The armed robbers, it was gatheted struck when employees of the station had left for their respective homes. The men of the underworld were said to have...
  18. Nigeria Business News

    Business Gas flaring: NNPC, others frown over gas price cap – Vanguard Nigeria

    THE Nigerian National Petroleum Corporation, NNPC, has expressed dissatisfaction as the Federal Government continues to fix the price of gas in Nigeria. This, according to the corporation discourages investment, desired to end gas flaring in the country. .... Read more via Vanguard Nigeria –...
  19. Nigeria Political News

    Politics OML 11 Host communities request takeover of oil field by NNPC, petition Buhari – Vanguard Nigeria

    Communities of the Oil Mining Lease OML11, in Rivers State have petitioned President Muhammadu Buhari, requesting the Nigerian National Petroleum Corporation, NNPC, to take over operatorship of the oil field. ... Read more via Vanguard Nigeria – https://ift.tt/2p4SnOQ Get More Nigeria...
  20. Nigeria Business News

    Business NNPC transfers stake in four oil wells to NPDC – Nairametrics

    The Nigerian National Petroleum Corporation (NNPC) has signed an agreement with Nigeria Agip Oil Company (NAOC) and Oando for the transfer of its stake in four oil wells to the Nigerian Petroleum Development Company (NPDC), its upstream arm. The four oil blocks divested to NPDC are Oil...
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