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Tag "Nigerian National Petroleum Corporation"

NNPC Limited to be incorporated Feb 2022 — timeline for PIA implementation

    NNPC Limited to be incorporated Feb 2022 — timeline for PIA implementation

The federal government has set timeline for the implementation of the Petroleum Industry Act (PIA). This followed the inauguration of a nine-member steering committee headed by Timipre Sylva, minister of

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OPEC cuts, high subsidy payment… why Nigeria is not benefitting from high crude oil prices

    OPEC cuts, high subsidy payment… why Nigeria is not benefitting from high crude oil prices

Crude oil prices have been on a tear on the back of gradual global recovery and vaccine roll out after it suffered a huge decline globally following the impact of

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Drones deployment, installation of sensors… how NNPC can save N33bn lost annually to pipeline vandalism

    Drones deployment, installation of sensors… how NNPC can save N33bn lost annually to pipeline vandalism

Attacks on oil pipelines and product theft continue to be one of the factors responsible for the Nigerian National Petroleum Corporation (NNPC) inability to return profits, by implication, denying the

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Reps panel summons NNPC over ‘$223m hidden’ in Polaris Bank

    Reps panel summons NNPC over ‘$223m hidden’ in Polaris Bank

A house of representatives ad-hoc committee has summoned Mele Kyari, group managing director of the Nigerian National Petroleum Corporation (NNPC), over the management of $223 million reportedly hidden in an

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Report: NNPC mulls $2.5bn loan facility for stake in Dangote Refinery

  Report: NNPC mulls $2.5bn loan facility for stake in Dangote Refinery

The Nigerian National Petroleum Corporation (NNPC) is reportedly in talks with investors to borrow $2.5 billion to acquire a stake

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Total CEO to Buhari: Investors eagerly waiting for PIB passage

  Total CEO to Buhari: Investors eagerly waiting for PIB passage

Patrick Pouyanne, the chief executive officer of Total, says investors are eagerly waiting for the passage of the Petroleum Industry

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IPMAN directs members to sell petrol at N170 as depot price rises to N155 (updated)

  IPMAN directs members to sell petrol at N170 as depot price rises to N155 (updated)

The Petroleum Products Marketing Company, a subsidiary of the Nigerian National Petroleum Corporation (NNPC), has increased the depot price of

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Foreign reserves cross $36bn — first time since March 17

  Foreign reserves cross $36bn — first time since March 17

Nigeria’s foreign reserves have crossed the $36 billion mark for the first time since March 17. Data made available on

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Buhari appoints new board for NNPC — without naming chairman

  Buhari appoints new board for NNPC — without naming chairman

President Muhammadu Buhari has approved the reconstitution of the board of the Nigerian National Petroleum Corporation (NNPC). According to a

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NNPC to digitize petroleum products marketing to block leakages

  NNPC to digitize petroleum products marketing to block leakages

The Nigerian National Petroleum Corporation (NNPC) says it is working on a digital platform for all its downstream activities to

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