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The rejection of the Petroleum Industry Governance Bill (PIGB) by stakeholders in the Niger Delta raises questions of parliamentary responsibility and... Read more via The Guardian Nigeria Newspaper – https://ift.tt/2MqbYA2 Get more: Nigeria Business News

The Nigerian National Petroleum Corporation (NNPC) has said that it has been faithfully remitting all revenues accruing to it into the Federation Account. Group Managing Director NNPC, Mikanti Baru, disclosed this while receiving members of the Senate Committee on Petroleum (Upstream) who were...

The Nigerian National Petroleum Corporation (NNPC) would begin retailing of petroleum products across markets in the Economic Community of West African States (ECOWAS) in the next two years. NNPC Group Managing Director, Maikanti Baru, who rebranded key downstream … Read more via The...

NNPC boss Maikanti Baru said Okpai phase 2 project was being fine-tuned to expeditiously bring it on stream. The Nigerian National Petroleum Corporation (NNPC) and its Joint Venture (JV) Partner, Nigeria Agip Oil Company (NAOC) ltd., have pledged commitment to implement Okpai … Read more...

Failure by the President Muhammadu Buhari-led administration to reform the oil and gas sector has pushed the Nigerian National Petroleum Corporation (NNPC)’s revenue loss to over N546 billion. The trend does not only represent the.......... Read more via The Guardian Nigeria Newspaper –...

State governors have alleged an inflation by almost 50 per cent in the Nigeria National Petroleum Corporation (NNPC) figures on petrol consumption and demanded a probe of oil subsidy payments from 2015 till date. After a meeting with the Vice-President, Yemi Osinbajo, on Wednesday night, the …...

It’s meant to be a cash cow, but the state oil company of Africa’s biggest producer is bleeding money. The Nigerian National Petroleum Corporation, the Abuja-based behemoth that dominates Nigeria’s energy industry, … Read more via Thisdaylive – https://ift.tt/2IpQ1Dc Get more: Nigeria...

The Group General Manager, Crude Oil Marketing Division, Nigerian National Petroleum Corporation (NNPC), Mele Kyari, has been appointed Nigeria’s National Representative to the Organisation of Petroleum Exporting Countries (OPEC). The NNPC in a statement sent to PREMIUM TIMES on Sunday by its...

In a move set to project the reforms to be initiated under his government, former Vice-President Atiku Abubakar has said that he will privatise … Read more via Thisdaylive – https://ift.tt/2GgleD6 Get More Nigeria Political News

Commercial activities have been paralysed in the area surrounding the venue of the ongoing All Progressives Congress governorship primary at Oke-Ila in Ado-Ekiti. As of the time of this report, the NNPC Mega petrol station and Five Os Petroleum station on the street where … Read more via...

The Group Managing Director, Nigerian National Petroleum Company (NNPC), Dr. Maikanti Baru, on Friday said that the company would commence oil exploration along Gongola Basin. Baru said this in Bauchi while delivering Abubakar Tafawa Balewa University (ATBU) pre-convocation lecture titled...

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Maikanti Baru, says the corporation will prove to Nigerians that it is the most transparent organisation in Nigeria. Mr Baru said this at a stakeholders’ workshop on validation by the Nigeria Extractive...

Nigerian National Petroleum Corporation, NNPC, yesterday, disclosed that it was the Federal Government that is paying subsidy on petrol and not the corporation. Group Managing Director of the NNPC, Dr Maikanti Baru The NNPC also stated that it spent $396.33 million on Turn Around Maintenance...

The House of Representatives yesterday berated the management of the Nigerian National Petroleum Corporation (NNPC) over its inability to shed light on the monies to be expended … Read more via The Guardian Nigeria Newspaper – Nigeria and World News – https://ift.tt/2K2ZGfm Get more...

The Nigerian National Petroleum Corporation says the recruitment advertisement by the corporation currently trending on social media is false. In a statement in Abuja on Sunday, the NNPC spokesman, Mr Ndu Ughamadu, said that the advertisement was intended to mislead innocent members of the...

A total of 35 firms expressed interest to establish the refineries, indicating less than half got the approvals from the department of petroleum resources. This was disclosed by Maikanti Baru, the Group Managing Director … Read more via Premium Times Nigeria – https://ift.tt/2FLsuq2 Get...

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Maikanti Baru, has announced a three-point smart strategy aimed at ending gas flaring in the nation’s Oil and Gas Industry. Baru made the announcement while delivering the lead paper on a panel … Read more...

Vice Chancellor of the University of Maiduguri, Prof. Ibrahim Njodi, has announced the readiness of the university to mobilise its staff to resume oil exploration activities at the Lake Chad area. The institution had halted the exercise after six of its staffers were killed … Read more via...

The Senate has asked the Nigerian National Petroleum Corporation (NNPC) to refund N216 billion paid by the commission as subsidy in 2017. The lawmakers unanimously agreed that the money be repaid to the Consolidated Revenue Fund, saying its expenditure is illegal. This position was part …...

The Nigerian National Petroleum Corporation on Thursday announced that it had ended its lease agreement with owners of the super mega petrol station along the Abuja Airport Road in the Federal Capital Territory. It also stated that its downstream retail subsidiary, NNPC Retail Limited, was...