Tag: NNPC

The NNPC Group Managing Director, Maikanti Baru, expressed delight at the development.

“Audit reports revealed that the NNPC and its upstream subsidiary failed to remit over $21.78 billion and N316.1 billion to ...

The President of NUPENG announced the calling off of the strike.

“We expect that with this, you will call off the strike immediately,”

An NNPC official accused the tanker drivers of politicising their strike.

The agency plans to end gas flaring by 2020.

The tanker drivers, members of NUPENG, raised four issues they want attended to.

The Nigerian government will convert current illegal refineries into modular refineries.

"For the sake of clarity, MRS is not a storage company, rather it is a throughput company."

Morocco has already shipped a cargo of phosphate to Nigeria.

The companies under-delivered fuel over a period of time.

The NNPC hopes to build independent power plants at various locations in the country.

Capital Oil said NNPC was also owing it a lot of money and reconciliation of figures would be done.

The NNPC also said it did not commit $2 million on vehicles maintenance.

The agency also cautioned against amending the NLNG law.

One of those strategies was the categorisation of service companies by their capacities.

NNPC said it has moved to avert the strike

Mr. Osinbajo was in Edo as part of his tour of oil producing states.

The Senate mandated its committee on petroleum (downstream) to "exhaustively" investigate the state-owned oil corporation.

It would also grow its gas production capacity to 1,500 million standard cubic feet per day of gas.

Unit Technical Cost of production dropped from above $70 per barrel in 2014 to about $27 per barrel in 2016.

The fees are paid to pre-shipment inspection, monitoring and evaluation agents.

Officials say between N20 and N25 is paid per by the national oil company.

The corporation recorded a loss of N17.01 billion in December 2016.

The NNPC also reported a 13.4 per cent rise in oil and gas sales in December 2016 over sales in ...