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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...

NNPC to acquire 20% in Dangote’s $15bn refinery

…Ready to stake $3bn for equity buy over …..Real reasons NNPC, which, few days ago, awarded $1.5 billion rehabilitation contract for Port Harcourt refinery,...

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%...

Take advantage of upstream investment opportunities, NNPC tells indigenous coys

  The Nigerian National Petroleum Corporation (NNPC) has urged indigenous companies to take advantage of opportunities in the upstream sector to become key players...

OML 118: NNPC, SNEPCo, others sign multibillion dollar deep-water agreement

  …Deal to yield over $780million in immediate revenues to government The Nigerian National Petroleum Corporation (NNPC) and its Production Sharing Contract (PSC)...

No fuel price increase in June, NNPC shout again

No fuel price oncrease in June, NNPC shout again Once again, it has become necessary to assure Nigerians that despite the huge burden of under-recovery, the Federal...

NNPC’s spokesman, Obateru, bags NIPR Fellowship

The Nigerian Institute of Public Relations, (NIPR) on Thursday in Bauchi at its Annual General Meeting, conferred the prestigious Fellowship Award on Dr. Kennie Obateru,...

Subsidy: No oil money to share at FAAC anymore, we’re broke says NNPC

  From this month,the Nigerian National Petroleum Corporation would not make any remittance to the Federation Account Allocation Committee (FAC) in the month of May...

ADITOP hails NNPC’s downstream strides

A group of petroleum tanker owners in Nigeria under the auspices of the Association of Distributors and Transporters of Petroleum Products (ADITOP) has commended the...

OML 143: NNPC, SEEPCO sign gas development agreement to unlock 1.2TCF

The gas development and commercialization programme of the Nigerian National Petroleum Corporation (NNPC) received a boost Thursday with the execution of the Oil Mining...