The Nigerian National Petroleum Corporation (NNPC) has said it is considering going into a partnership with the China National Offshore Oil Corporation (CNOOC), to develop its expertise in oilfield services. CNOOC, a global leader and China’s largest producer of offshore crude oil and natural gas, is the third-largest NOC in China, after the China National […]
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The Nigerian National Petroleum Corporation (NNPC) has allayed fears of possible hiccups in petroleum products supply in parts of the country following an ultimatum issued by the National Union of Petroleum and Natural Gas Workers (NUPENG) over a purported intervention by an arm of the security agencies in what the union viewed as purely labour […]
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The Nigerian National Petroleum Corporation (NNPC) on Friday said there would be no scarcity of petroleum products in the country or supply disruptions in parts of the country following a potential crisis brewing from a reported misunderstanding between National Union of Petroleum and Natural Gas Workers (NUPENG) and security agencies. NNPC in a statement from […]
Read More The Nigerian National Petroleum Corporation (NNPC), Friday, allayed fears of possible hitch in petroleum products supply in parts of the country, stating that it has already commenced moves to resolve the issue that might lead to an interference in supply. This, according to a statement by the NNPC, in Abuja, was following an ultimatum issued […]
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Gas pipeline belong to the National Petroleum Corporation, NNPC, is to hinder the dredging of Warri port channel from being dredged going below 7.5 meters. Disclosing this in Lagos Monday during a working visit to the corporate head office of the Vanguard Newspaper, Managing Director of the Nigerian Ports Authority, NPA, Hadiza Bala Usman, said […]
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The Nigerian National Petroleum Corporation, Tuesday, said it plans to venture into solar power generation and is also considering powering all its retail outlets with electricity from solar energy. The NNPC, in a statement in Abuja, also stated that it has signed a Memorandum of Understanding, MoU, in China with two consortia, towards the development […]
Read More The Nigerian National Petroleum Corporation will establish two condensate refineries with a total refining capacity of 200,000 barrels per day at Western Forcados Area and Assah North Ohaji South (ANOH) Areas of Delta and Imo State respectively. Natural-gas condensate is a low-density mixture of hydrocarbon liquids that are present as gaseous components in the raw […]
Read More Nigerian National Petroleum Corporation (NNPC) says it will establish two condensate refineries with a total refining capacity of 200,000 barrels per day. The corporation disclosed this in a statement signed by its spokesman, Mr Ndu Ughamadu, in Abuja on Tuesday. Ughamadu said that the refineries would be located at the Western Forcados Area and Assah […]
Read More The Nigerian National Petroleum Corporation, NNPC, received $94.279 million, about ₦28.85 billion, from Anglo-Swiss multinational commodity trading and mining company, Glencore, being payment for crude oil sold to the company in 2017. Glencore is one of the oil traders selected to lift Nigeria’s crude oil under various contracts, such as the crude oil term deal […]
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The Federal Inland Revenue Service (FIRS) has sealed off the premises of companies defaulting in tax payments in Lagos and Benin, in continuation of its enforcement exercise. A key establishment affected by the exercise in Benin, Edo state, is the Nigerian Petroleum Development Company Limited, NPDC, a subsidiary of the Nigerian National Petroleum Corporation, NNPC. […]
Read More The Nigerian National Petroleum Corporation (NNPC) on Thursday sought clarification on the funding structure of the proposed Nigerian Petroleum Asset Management Company (NPAMC) in the Petroleum Industry Governance Bill (PIGB). Dr Maikanti Baru, the Group Managing Director (GMD), sought for the clarification at the 2018 conference of the Association of Energy Correspondents of Nigeria in […]
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The Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Kachalla Baru, Deputy Managing Director, Total E&P Nigeria, Ahmadu-Kida Musa, President, Petroleum Club, Dr. Godswill Ihetu and other industry stakeholders will lead discussions around emerging issues in the oil, gas and power sectors at the Association of Energy Correspondents of Nigeria’s (NAEC) Annual Conference […]
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