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Tag "Nigerian National Petroleum Corporation (NNPC)"

NNPC to develop divestment policy for IOCs

    NNPC to develop divestment policy for IOCs

The Nigerian National Petroleum Corporation (NNPC) says it will develop a comprehensive divestment policy for international oil companies (IOCs) operating in the country. Mele Kyari, group managing director of NNPC,

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Anthony Stimler, former Glencore trader, pleads guilty over oil bribery scheme in Nigeria

    Anthony Stimler, former Glencore trader, pleads guilty over oil bribery scheme in Nigeria

Anthony Stimler, a former UK-based trader for Glencore Plc, has pleaded guilty to participating in an international scheme to bribe officials in Nigeria to win favourable contracts from the Nigerian

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NNPC: N2trn worth of petrol consumed in 12 months

    NNPC: N2trn worth of petrol consumed in 12 months

The Nigerian National Petroleum Corporation (NNPC) says consumers in the country spent N2.07 trillion in 12 months (February 2020-2021) on the consumption of premium motor spirit (PMS), better known as

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NNPC failed to remit N3.87trn crude oil proceeds in 2015, says senate

    NNPC failed to remit N3.87trn crude oil proceeds in 2015, says senate

The senate has criticised the Nigerian National Petroleum Corporation (NNPC) for not remitting N3.87 trillion revenue from domestic crude oil sales to the federation account from January to December 2015.

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Improved transparency, gas development… how Kyari-led NNPC fared in two years

  Improved transparency, gas development… how Kyari-led NNPC fared in two years

On July 8, 2019, Mele Kyari officially took over as the 19th group managing director (GMD) of the Nigerian National

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Mele Kyari: Nigeria needs right policies to unlock its huge economic potential

  Mele Kyari: Nigeria needs right policies to unlock its huge economic potential

Mele Kyari, group managing director of the Nigerian National Petroleum Corporation (NNPC), says the country needs to formulate the right

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Mele Kyari: Petrol pump price should be N256 per litre

  Mele Kyari: Petrol pump price should be N256 per litre

Mele Kyari, group managing director (GMD) of the Nigerian National Petroleum Corporation (NNPC), says the cost of premium motor spirit

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Subsidy payment: NNPC plans N114bn deduction from remittance to FAAC in July

  Subsidy payment: NNPC plans N114bn deduction from remittance to FAAC in July

The Nigerian National Petroleum Corporation (NNPC) says it will deduct N114.3 billion from its June remittance to the Federation Account

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NNPC blames smuggling as daily petrol consumption rises to 102m litres

  NNPC blames smuggling as daily petrol consumption rises to 102m litres

The Nigerian National Petroleum Corporation (NNPC) says smuggling across the borders increased the consumption of premium motor spirit, better known

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Surging oil prices will create problems for Nigeria, says Mele Kyari

  Surging oil prices will create problems for Nigeria, says Mele Kyari

Mele Kyari, group managing director of the Nigerian National Petroleum Corporation (NNPC), says rising crude oil prices will cause problems

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