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Tag "Nigerian National Petroleum Corporation (NNPC)"

NNPC ‘exceeds’ 2017 revenue benchmark — despite falling short of first half projections

    NNPC ‘exceeds’ 2017 revenue benchmark — despite falling short of first half projections

The Nigerian National Petroleum Corporation (NNPC) says oil revenue has exceeded 2017 projections by 18 percent despite a shortfall of nine percent recorded between January and June. According to a

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Nigeria will never return to the era of fuel scarcity, says NNPC

    Nigeria will never return to the era of fuel scarcity, says NNPC

The Nigerian National Petroleum Corporation (NNPC) says the country will never return to the era of fuel scarcity. According to a statement by Ndu Ughamadu, NNPC spokesman, Ikem Obih, chief

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Baru: In 2017 alone, two pipelines have been vandalised 42 times

    Baru: In 2017 alone, two pipelines have been vandalised 42 times

Maikanti Baru, group managing director of Nigerian National Petroleum Corporation (NNPC), says two pipelines have been vandalised 42 times in 2017. Baru made this known while delivering a keynote address

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NNPC ‘cuts oil production cost by 70.5%, saves $3bn annually’

    NNPC ‘cuts oil production cost by 70.5%, saves $3bn annually’

The Nigerian National Petroleum Corporation (NNPC) says it has successfully reduced the cost of producing one barrel crude oil to $23 from $78 as at August 2015. According to a

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Baru: Nigeria now producing 2.2 million barrels of oil per day

  Baru: Nigeria now producing 2.2 million barrels of oil per day

Maikanti Baru, group managing director of the Nigerian National Petroleum Corporation (NNPC), says the country now produces 2.2 million barrels

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NNPC: AITEO has paid its $202m oil swap debt to Nigeria

  NNPC: AITEO has paid its $202m oil swap debt to Nigeria

The Nigerian National Petroleum Corporation (NNPC) says that AITEO Group has settled its outstanding crude swap underdeliveries worth over $202

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NNPC: CBN has released forex for importation of aviation fuel

  NNPC: CBN has released forex for importation of aviation fuel

The Nigerian National Petroleum Corporation (NNPC) says that the Central Bank of Nigeria (CBN) has provided foreign exchange for the

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NNPC: Kaduna refinery loses N2.2bn annually to ‘illegal water tapping’

  NNPC: Kaduna refinery loses N2.2bn annually to ‘illegal water tapping’

The Nigerian National Petroleum Corporation (NNPC) says its subsidiary, ‎Kaduna Refining and Petrochemical Company (KRPC), loses about N2.2 billion annually

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Niger Delta Avengers threaten to kill soldiers

  Niger Delta Avengers threaten to kill soldiers

The Niger Delta Avengers have threatened to kill soldiers if the Nigerian Army engages them in a combat.  The group

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Pipeline vandalism on the rise, says NNPC

  Pipeline vandalism on the rise, says NNPC

The Nigerian National Petroleum Corporation (NNPC) says the country lost crude oil and other petroleum products valued at N59.597 billion to pipeline

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