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Tag "NNPC"

Seplat: We’re making significant progress on MPNU acquisition deal

    Seplat: We’re making significant progress on MPNU acquisition deal

Seplat Energy Plc says it is making progress with the acquisition of Mobil Producing Nigeria Unlimited (MPNU) assets. In February 2022, Seplat announced an agreement to acquire ExxonMobil’s 40 percent stake

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‘Shun panic buying’ — NNPC says 1.5bn litres of petrol available for supply

    ‘Shun panic buying’ — NNPC says 1.5bn litres of petrol available for supply

The Nigerian National Petroleum Company (NNPC) Limited says it has over 1.5 billion litres stock of premium motor spirit (PMS), also known as petrol. In a statement on Tuesday by

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Moghalu to FG: Stabilise naira at actual market value | Raise $30bn from NNPC IPO

    Moghalu to FG: Stabilise naira at actual market value | Raise $30bn from NNPC IPO

Kingsley Moghalu, a former deputy governor of the Central Bank of Nigeria (CBN), has advised the federal government to stabilise the naira at its true market value. Moghalu spoke in

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Petrol scarcity: Queues will end Wednesday — some people exploiting situation, says NNPC

    Petrol scarcity: Queues will end Wednesday — some people exploiting situation, says NNPC

The Nigerian National Petroleum Company (NNPC) Limited says the ongoing shortfall in supply of petroleum products and queues for the products will be cleared out by May 1. Femi Soneye,

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NNPC, private firm sign agreement to build 100,000 bpd facility in Port Harcourt refinery

  NNPC, private firm sign agreement to build 100,000 bpd facility in Port Harcourt refinery

The Nigerian National Petroleum Company (NNPC) Limited says it signed a deal with the African Refinery for a share subscription

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NNPC to Nigerians: We’re not changing petrol prices — avoid panic buying

  NNPC to Nigerians: We’re not changing petrol prices — avoid panic buying

The Nigerian National Petroleum Company (NNPC) Limited says the prices of petroleum products are not changing. The NNPC asked Nigerians

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CSOs fault award of oil pipeline protection contracts to ‘militants, ex-bandits’

  CSOs fault award of oil pipeline protection contracts to ‘militants, ex-bandits’

The Civil Society Coalition for Mandate Protection (CSC-MAP) has asked the federal government to stop awarding oil pipeline protection contracts

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NNPC, Newcross restart production at Awoba Field, target 12,000bpd by May

  NNPC, Newcross restart production at Awoba Field, target 12,000bpd by May

The Nigerian National Petroleum Company (NNPC) and its joint venture (JV) partner, Newcross Exploration and Production Ltd, have restarted production

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NNPC, First E&P begin production at OML 85, target 20,000 bpd

  NNPC, First E&P begin production at OML 85, target 20,000 bpd

The Nigerian National Petroleum Company (NNPC) Limited and its joint venture partner in oil mining lease (OML) 85, First Exploration

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Report: NNPC owes $3bn backlog on petrol payments to fuel traders

  Report: NNPC owes $3bn backlog on petrol payments to fuel traders

The Nigerian National Petroleum Company (NNPC) Limited owes around $3 billion to fuel traders for imported petrol. According to Reuters

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