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Nnpc
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. The corporation’s latest...
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 amount spent in...
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 company, the Nigerian...
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, data from different...
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 the Nigerian National...
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 Company Limited, has...
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 working with AfrieximBank...
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. This is in...
