Nnpc
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Energy
NNPC Makes N1.7tn From Crude Sales In 12 Months
Revenue made by the Nigerian National Petroleum Corporation from crude oil sales in one year has been put at N1.7trn.…
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Energy
NNPC To Pay N874bn In June As Subsidy Hits N1.82tn
Operators in the oil and gas sector as well as other stakeholders are uncomfortable with the continued rise in the…
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Energy
NNPC Moves To Stop $1.6bn Seplat, ExxonMobil Deal With Major Counter-Offer
Following reports on the failed assets acquisition deal between Seplat Energy and ExxonMobil, investigation has shown that the state oil…
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Energy
116.46 Million Litres Fuel Lost In 2021, Say NNPC Reports
A total of 116.46 million litres of Premium Motor Spirit, popularly called petrol, valued at N18.88bn was stolen in 2021,…
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Energy
Reps Give NNPC Two-week Ultimatum To Defend N3tn Debt
The House of Representatives’ Ad Hoc Committee on Recovery of Outstanding Debts Owed By Oil and Gas Companies has given…
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Energy
NNPC Fails To Account For 107 Million Barrels Of Crude, Says Auditor-General
The Office of the Auditor-General for the Federation has said the defunct Nigerian National Petroleum Corporation, now Nigerian National Petroleum…
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Energy
NNPC To Deduct N127bn From FAAC, Plans $5bn AfrieximBank Loan
The Group Managing Director of the Nigerian National Petroleum Company Limited, Mele Kyari, on Thursday announced that the NNPC was…
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Energy
Buhari Drops Ararume As NNPC Chair-Nominee, Appoints Okadigbo’s Widow
The President, Major General Muhammadu Buhari (retd.), has appointed the Board and Management of the Nigerian National Petroleum Company Limited.…
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Energy
FG Owes Five IOCs $1.15bn Cash Call Arrears, Clears $3.53bn Debt
A total of $3.53bn has been paid by the Federal Government to five international oil companies as cash call arrears…
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Energy
FG Rakes In N2.56tn From Petrol, Kerosene, Diesel Sales In 13 Months
The Nigerian National Petroleum Company Limited on Wednesday announced that it earned N2.56tn revenue from the sale of white products…
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