nnpc news

  1. Nigeria Political News

    Politics US Visa Doesn’t Solve Your Integrity Problem, Nabena Tells Atiku – Leadership Newspaper

    Deputy National Publicity Secretary, All Progressives Congress (APC), Yekini Nabena has slammed the Presidential candidate of the Peoples Democratic Party (PDP), Alhaji Atiku Abubakar saying that his quest to get the government of the United States to “Vacate Entry Ban” does nothing to enhance...
  2. Nigeria Business News

    Business FG, oil marketers agree on settlement of unpaid claims – Newtelegraph

    he Federal Government and petroleum marketers have agreed on the settlement of outstanding claims and assured that operations at all depots and sales will continue until further notice. This was disclosed by Mr. Paul Abechi, Special Assistant on..... Read more via Newtelegraph –...
  3. Nigeria Business News

    Business Why we gave pipeline protection contract to OMS, by NNPC – The Guardian Nigeria Newspaper

    The Nigerian National Petroleum Corporation (NNPC) yesterday in Abuja defended it decision to award the contract for the protection of the 87-kilometre Trans Forcados Pipeline (TFP) to an indigenous firm, Ocean Marine Solutions (OMS). Recently, some Niger Delta youths … Read more via The...
  4. Nigeria Business News

    Business NNPC’s leaking pipelines cost Nigeria $467m in July – BusinessDay

    Nigeria’s lost a total $467 million in July due to shut-in of production from leaking pipelines carrying crude oil from wells to flow stations in the Niger Delta, where more than 90 percent of the country’s crude are explored. The loss comes from 6.29 million … Read more via BusinessDay...
  5. Nigeria Political News

    Politics Don’t Sell Off NNPC, Group Tells Atiku – Leadership Newspaper

    The Atiku-Agbaje Media Engagement Network (AAMEN) has appealed to the presidential candidate of the Peoples Democratic Party (PDP), former Vice President Atiku Abubakar, to rescind his decision to sell 90 percent government stake in the Nigerian National Petroleum Corporation (NNPC) once elected...
  6. Nigeria Metro News

    Metro Tension Rises in N’Delta over $18.5m Oil Pipeline Surveillance Contract – Thisdaylive

    Tension has started building up in Delta State due to the decision of the Nigerian National Petroleum Corporation (NNPC) to award oil infrastructure surveillance contract to Ocean Marine Solution Limited contrary to extant rules. Multiple sources told THISDAY at the weekend that the NNPC...
  7. Nigeria Business News

    Business NNPC Seeks New Funding Option To Meet 40bn Barrels Reserves – Leadership Newspaper

    The Nigerian National Petroleum Corporation (NNPC) has proffered new ways to attract more funds for operators to launch themselves into a new phase of oil find, saying it believes that the country can achieve its target of raising reserves to 40 billion barrels in 2020. Speaking during...
  8. Nigeria Metro News

    Metro I agree that Atiku should privatise NNPC – Rewane – Legit Nigeria News

    Bismarck Rewane, the chief executive of Financial Derivative, has spoken about Atiku Abubakar’s policy document ahead of 2019 presidential election. Abubakar, presidential candidate of PDP, was said to have noted that he was seeking partial privatisation … Read more via Legit Nigeria News –...
  9. Nigeria Business News

    Business NNPC increases import despite rising crude price – Plus TV Africa

    Nigeria imported over 15.21 million liters of petrol Within the first three quarters of … Read more via Plus TV Africa – https://ift.tt/2Q1HKZl Get more: Nigeria Business News
  10. Nigeria Political News

    Politics Shehui Sanni Reacts To Atiku’s Plan To Sell 90% Of NNPC If Elected – Nairaland News

    The lawmaker representing Kaduna Central district at the National Assembly has described the promise to sell off part of the Nigerian National Petroleum Corporation, NNPC, as … Read more via Nairaland News – https://ift.tt/2FsbhHu Get More Nigeria Political News
  11. Nigeria Metro News

    Metro Senate uncovers NNPC’s fresh $1bn illegal withdrawals from NLNG account – Newtelegraph

    The Senate Committee on Gas Resources, yesterday, uncovered fresh multiple illegal withdrawals from the dividend accounts of the Nigeria Liquefied Natural Gas (NLNG) by the Nigeria National Petroleum Corporation (NNPC). The fresh illegal withdrawals was about $1 billion, is however...
  12. Nigeria Business News

    Business NNPC Slides into Loss after Six Months of Profit – Thisdaylive

    The August 2018 edition of the monthly financial and operations report of the Nigerian National Petroleum Corporation (NNPC) released Thursday indicated that after about six months of recording back-to-back profit on its operations, the corporation slid back to loss-making with about N3.90...
  13. Nigeria Business News

    Business NNPC raked in $470m, remits N128.4bn to Federation Account in August – Newtelegraph

    The Nigerian National Petroleum Corporation (NNPC) has said that it remitted N118.4 billion to the Federation Account in August after it recorded crude oil and gas export sale of $470million in the month. The crude oil and gas sale, the corporation said in its Monthly Financial Report released...
  14. Nigeria Business News

    Business Shell, ExxonMobil seek crude swap deals with Nigeria – Vanguard News Nigeria

    Two oil giants that had previously exited Nigeria’s downstream sector, Shell and ExxonMobil, could sign crude-for-product deals with Africa’s largest oil producer, a senior NNPC official said. “Unfortunately, Shell and ExxonMobil exited the downstream sector in Nigeria a couple of years ago...
  15. Nigeria Political News

    Politics Senate Intensifies Probe on Alleged diversion of $1.05billion NLNG Dividends – Vanguard News Nigeria

    The Senate has begun yet another process of carrying out a holistic investigation of the $1.05 billion that was allegedly taken from the Nigeria Liquefied … Read more via Vanguard News Nigeria – https://ift.tt/2RFaT9L Get More Nigeria Political News
  16. Nigeria Metro News

    Metro Senate investigates diversion of N378billion NLNG dividend by Buhari’s govt – Premium Times Nigeria

    The Senate has mandated its committee on gas to investigate how the Nigerian National … Read more via Premium Times Nigeria – https://ift.tt/2PbkwA4 Get More Nigeria Metro News
  17. Nigeria Business News

    Business Shell, ExxonMobil May Sign Oil Swap Deals, Says NNPC – Thisdaylive

    The Nigerian National Petroleum Corporation (NNPC) has stated that it could sign crude-for-product deals with Shell and ExxonMobil, similar to one signed with BP recently. This is coming as the news … Read more via Thisdaylive – https://ift.tt/2SK5G1E Get more: Nigeria Business News
  18. Nigeria Political News

    Politics NNPC Probe: What It Tells About The Legislature – Leadership Newspaper

    There is a tale that N91 trillion oil revenue is missing due to a backhand deal between the NNPC and a Chinese oil lifting firm, Huang Bo Hai Petrochemical Industry Limited since June 2016. This fable was weaved into a motion by a member of Nigeria’s House … Read more via Leadership...
  19. Nigeria Business News

    Business NNPC: $1.05bn Petrol Supply Support Fund Sourced from NLNG Dividends – Thisdaylive

    The Nigerian National Petroleum Corporation (NNPC) has disclosed the source of the $1.05 billion revolving fund it said it uses to support its supply of petrol to Nigerians since private oil marketers stopped importing … Read more via Thisdaylive – https://ift.tt/2OnpFzQ Get more: Nigeria...
  20. Nigeria Business News

    Business There is nothing like $3.5b fuel subsidy fund – Govt – PM NEWS Nigeria

    The Federal Ministry of Finance has denied knowledge of a 3.5 billion-dollar fund allegedly kept and utilised by the Nigeria National Petroleum Corporation (NNPC) for fuel subsidy. The Permanent Secretary, Mr Mahmoud Isa-Dutse, gave the ministry’s position when he appeared before the … Read...
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