Category: Oil & Gas

NNPC Commits to Ensuring Energy Sufficiency, Wealth Creation for Nigerians

The Nigerian National Petroleum Corporation (NNPC) has reiterated its commitment to ensuring effective stewardship of the nation’s hydrocarbon resources to guarantee...

Edwin Clark writes NASS on PIB, rejects 3%, insists on 10% for host communities

By Mukwuzi Joseph The National leader of the South-South region, Chief Edwin Kiagbo Clark has written to the National Assembly, insisting that 10% equity participation...

NNPC, EFCC, Others Partner to Tackle Petroleum Products Smuggling, Crude Oil Theft

The Nigerian National Petroleum Corporation (NNPC) is collaborating with the Economic and Financial Crimes Commission (EFCC), Department of State Services (DSS), Nigeria...

NNPC Trading Eyes 30kbpd Oil Supply to Indonesia

• Over $70m Profit forecast in 2021 Duke Oil, the oil trading entity of NNPC Trading Company Limited is desirous to close out a 30,000 barrel per day crude oil supply...

Brass Products Terminal: Sylva Hails President Buhari’s Impact in Niger Delta

…Project Will Generate 6,000 Jobs, Says Kyari The Minister of State for Petroleum Resources, Chief Timipre Sylva has commended President Muhammadu Buhari for his giant...

Senate Commends NNPC Anti-Corruption Efforts, Drive Towards Profitability

The Nigerian Senate has commended the Nigerian National Petroleum Corporation (NNPC) for its efforts towards entrenching transparency and stamping out corruption from...

World Environment Day: NNPC Restates Commitment to Sustainable Environment

The Nigerian National Petroleum Corporation (NNPC) says it remains committed to the promotion of sustainable environment across it operations, stressing that its energy...

OML 118 Dispute Resolution: Kyari’s Legendary Leadership &Nigeria’s Next Billion Barrels

By Momodu Abutu Mother Nature has a way of depositing its vast treasures wherever it pleases. In the wonderful world of hydrocarbons, these resources are either placed...

NNPC to Acquire Equity in Private Refineries in Line with FG’s Policy

…To Safeguard National Energy Security The Nigerian National Petroleum Corporation has revealed that it is currently considering equity participation in a number of...

NNPC Records 314% Increase in Trading Surplus in February

The Nigerian National Petroleum Corporation (NNPC) has announced a ₦39.85billion trading surplus for the month of February 2021 representing a massive 314.24% leap...