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Tag "NNPC"

NEITI: NNPC didn’t remit $2bn to FG before transitioning to commercial entity

    NEITI: NNPC didn’t remit $2bn to FG before transitioning to commercial entity

The Nigeria Extractive Industries Transparency Initiative (NEITI) says the defunct Nigeria National Petroleum Corporation (NNPC) did not remit $2 billion to the federation account in 2021 before transitioning to a

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NNPC appoints new VPs for downstream, upstream, gas operations

    NNPC appoints new VPs for downstream, upstream, gas operations

The Nigerian National Petroleum Company (NNPC) has appointed new executive vice-presidents for its upstream, downstream, and gas and power operations. Garba Deen Muhammad, NNPC spokesperson, announced the management changes in

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NNPC, Indorama sign $7bn agreement to promote natural gas usage

    NNPC, Indorama sign $7bn agreement to promote natural gas usage

The Nigerian National Petroleum Company (NNPC) Limited says it has signed a landmark memorandum of understanding (MoU) with Indorama Eleme Petrochemicals Limited (IEPL) on gas supply.  In a post on

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Kyari: OVH grew NNPC’s profit to N18bn in Q1 2023 | Acquisition allegations not true

    Kyari: OVH grew NNPC’s profit to N18bn in Q1 2023 | Acquisition allegations not true

Mele Kyari, the group chief executive officer of the Nigerian National Petroleum Company (NNPC) Limited, said the acquisition of OVH Energy raised the firm’s profit to N18.4 billion in the

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Crude oil production has increased to 1.6m bpd, says Kyari

  Crude oil production has increased to 1.6m bpd, says Kyari

The Nigerian National Petroleum Company (NNPC) Limited says Nigeria’s crude oil production level (including condensate) is currently at 1.67 million

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Dangote Refinery: Tracking Nigeria’s ambitious net zero carbon emissions target

  Dangote Refinery: Tracking Nigeria’s ambitious net zero carbon emissions target

BY CHUKWUMERIJE OKEREKE In May, Nigeria’s historic crude oil refinery, Dangote Refinery, was inaugurated by former President Muhammadu Buhari in

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NNPC secures $3bn oil-for-cash loan to stabilise the naira

  NNPC secures $3bn oil-for-cash loan to stabilise the naira

The Nigerian National Petroleum Corporation (NNPC) Limited has secured a $3 billion emergency crude repayment loan to support the naira

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We don’t intend to increase petrol pump price, says NNPC

  We don’t intend to increase petrol pump price, says NNPC

The Nigerian National Petroleum Company (NNPC) Limited says it does not intend to increase the pump price of petrol as

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Tinubu vows to remove all obstacles to power sector recovery

  Tinubu vows to remove all obstacles to power sector recovery

President Bola Tinubu says his administration is committed to addressing the obstacles that have prevented Nigeria from achieving a stable

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Nigeria eyes $800m revenue as Tinubu flags off NNPC’s Gwagwalada power plant

  Nigeria eyes $800m revenue as Tinubu flags off NNPC’s Gwagwalada power plant

President Bola Tinubu has flagged off the Nigerian National Petroleum Company (NNPC) Limited’s Gwagwalada independent power project (GIPP). Tinubu said

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