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NNPC Records N222.3bn Gross Revenue in November

The Nigerian National Petroleum Corporation (NNPC) recorded a gross revenue of N222.3 billion, excluding statutory and obligatory deductions in November 2020, latest figures from...

Fuel price hike: NNPC asks for one week for reversal of new price

The Nigeria National Petroleum Corporation, NNPC, on Thursday night requested that the organized labour should give it one week to consult on the reversal...

NNPC Restates Commitment to Growing Nation’s Hydrocarbon Reserves

The Nigerian National Petroleum Corporation (NNPC) has reiterated its resolve to grow the nation’s hydrocarbon reserves to 40billion barrels through reinvigorated exploratory activities in...

AKIPCON demands N16.4bn oil spill compensation from NNPC

By Samuel Ogenyi, UyoAkwa Ibom Oil Producing Community Development Network (AKIPCON), has demanded for N16.4 billion as compensation from the Nigerian National Petroleum Corporation...

NNPC Commences Oil Explorations As Relative Peace Returns To Chad Basin Just As Oil Has Been Found In Gombe State

By Dauda R Pam MaiduguriThe Nigerian National Petroleum Corporation (NNPC) commences petroleum products exploration in the Lake Chad Basin following the relative peace that...

BREAKING: Explosion rocks OML 40 managed by NNPC partners

The Nigerian Petroleum Development Company (NPDC) has reported an explosion at a production facility in Oil Mining Lease (OML) 40.NPDC is an upstream subsidiary...

Nigeria paid $14M for fuel in June despite the subsidy removal – NNPC

Nigeria’s state oil company recorded a 5.34 billion naira ($14 million) cost for fuel in June, months after it changed its pricing method in an...

NNPC Remittance to FAAC Hits N1.87trn in One Year

The Nigerian National Petroleum Corporation (NNPC) remitted a total of N1.87 trillion to the Federation Account Allocation Committee (FAAC) between June 2019 and June...

FG approves NNPC Oil/Logistics centre in A’Ibom

By Samuel Ogenyi, UyoThe Federal Government has approved the establishment of an oil and gas logistic facility in Akwa Ibom in appreciation of the...

NNPC sacks 850 refinery workers

The Nigeria Union of Petroleum and Natural Gas Workers and the Petroleum and Natural Gas Senior Staff Association said on Monday that the Nigerian...

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