Tag: NNPC

The company meets President Buhari in Abuja.

He further stated that the registration was completed the same day after fulfilling all requirements set for the incorporation of ...

A Nigerian intermediary got two crude cargoes from NNPC which was followed by BP paying $900,000 to him in fees.

PREMIUM TIMES had exposed how the NNPC conducted a controversial bid for the sale of a N3billion consignment of slop ...

The corporation recovered “strategic alliance” amounts from the federation, and refunds for expenses that had been previously written off.

"The PMS flow from the pipeline has been successfully stopped, while repairs of the vandalised pipeline have commenced. Operations ongoing."

Mr Buhari said the net profit of N287 billion in 2020 was the first in the 44-year history of the ...

"I appeal to the host communities to look carefully at the contents of the Bill which in the implementation will ...

Mr Buhari signed the Petroleum Industry Bill into law on Monday.

CG Customs says NNPC has repeatedly ignored his proposals for the establishment of petroleum retail outlets in neighbouring countries.

The Senate Public Accounts Committee, which relied on the report of the Auditor General of the Federation, has asked PPPRA ...

The NNPC GMD says oil demand is rising and prices have gone up to pre-pandemic levels, averaging $74/bbl.

A former trader pleaded guilty over his role in a scheme to bribe.

Prosecutors said millions of dollars in bribes were paid to officials in Nigeria, in exchange for NNPC awarding oil contracts.

The Petroleum Industry Bill was recently passed by the Senate and the House of Representatives.

PREMIUM TIMES highlights the history and components of the Petroleum Industry Bill that is again close to being passed by ...

"Placing the responsibility of protecting oil installations from armed gangs on unarmed communities is simply an unrealistic expectation."

Both the Senate and the House passed the Petroleum Industry Bill on Thursday.

The lawmakers also demanded explanation on conflicting figures in the consumption of fuel in the country.

The Independent Petroleum Marketers Association of Nigeria (IPMAN) is neither planning to go on strike nor planning to shut fuel ...

The House ad hoc committee on PIB met the minister and the Group Managing Director of NNPC to discuss the ...

A lawyer, Tosin Ojaomo, recently accused NNPC of lodging $300 million stolen funds at Polaris Bank.

The court rules that only the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) is empowered by law to fix the ...

The petroleum minister says the government is not in a haste to remove subsidy.

The companies will operate and maintain three refineries.