Nigerian National Petroleum Corporation

In an astonishing twist of financial fate, the Nigerian National Petroleum Corporation (NNPC) has attracted widespread attention for owing importers a staggering $6 billion, yet, paradoxically, has managed to declare profits in the…

Comptroller General of Nigerian Customs Service (NCS), Hameed Alli has faulted the over N4 trillion fuel subsidy being paid on Premium Motor Spirit (PMS) in 2022 fiscal year by Nigerian National Petroleum Corporation (NNPC) Limited. Ali…

The Ad-hoc committee of the House of Representatives has summoned both the Petroleum Minister, Timipre Sylva and the Group Managing Director of the Nigerian National Petroleum Company (NNPC), Mele Kyari to appear before it on April 28…

Contrary to speculations of imminent increase in the price of Premium Motor Spirit (petrol) in the country, t The Nigerian National Petroleum Corporation (NNPC) has ruled out any increment in the ex-depot price of petrol in March, 2021,…

In spite of the rise in the price of crude oil in the international market, the Nigerian National Petroleum Corporation (NNPC) has ruled out any increment in the ex-depot price of Premium Motor Spirit (petrol) in February, 2021. The…

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has advised the Federal Government to allow investors to take over the running of the country’s three major refineries. The National Secretary of IPMAN, Alhaji Danladi…

As earnings in the oil and gas industry shrink owing to varied reasons, the Nigerian National Petroleum Corporation (NNPC) has asked stakeholders to work towards reducing operations cost to achieve the $10 or less per barrel production cost…

An Abuja High Court, Wednesday, sacked the executive officers of the Nigerian National Petroleum Corporation, NNPC, Staff Multipurpose Cooperative Society over non-compliance with the constitution of the organisation. Justice Charles…

The Nigerian Government is worried about the possibility of a scarcity of Premium Motor Spirit (PMS), also known as petrol, in the country. Mr Timipre Sylva, who is the Minister of State for Petroleum, raised the concern on Monday at a…

Poverty is expected to drop in the Niger Delta as unemployed youths in the region become the major beneficiaries of the $3.6 billion Integrated Gas Processing and Methanol Plant in Odioma, Brass Island, Bayelsa with the capacity to create…