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Tag "NNPC"

NNPC records N141bn trading surplus in June – up from N37bn in May 

    NNPC records N141bn trading surplus in June – up from N37bn in May 

The Nigerian National Petroleum Company (NNPC) Limited says it recorded N141.96 billion in June, a 278 percent increase from a deficit of N37.46 billion in May.  The figures are contained

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Mele Kyari tasks NETCO on leveraging the PIA for increased profitability 

    Mele Kyari tasks NETCO on leveraging the PIA for increased profitability 

Mele Kyari, group managing director, Nigerian National Petroleum Company (NNPC) Limited, has urged the National Engineering and Technical Company (NETCO) to take advantage of the investment opportunities provided by the Petroleum Industry

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NNPC records ZERO revenue from oil export as subsidy gulps another N199bn

    NNPC records ZERO revenue from oil export as subsidy gulps another N199bn

The Nigerian National Petroleum Company (NNPC) says it recorded zero revenue from crude oil export as fuel subsidy gulped another N199 billion in October. Despite recording zero revenue from oil

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FG: Lagos-Badagry expressway to get N15bn from NNPC tax credit fund

    FG: Lagos-Badagry expressway to get N15bn from NNPC tax credit fund

The federal government says the Agbara-Seme border section of the Lagos-Badagry expressway project will receive N15 billion of the NNPC tax credit fund. Olukayode Popoola, federal controller of works Lagos,

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NUPENG suspends planned strike as FG agrees to pay salary arrears

  NUPENG suspends planned strike as FG agrees to pay salary arrears

The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has suspended its planned strike, following a commitment obtained from

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NNPC: Petroleum products worth N12.87bn lost in nine months

  NNPC: Petroleum products worth N12.87bn lost in nine months

Nigeria lost N12.87 billion value of petroleum products from January to September this year. The latest data obtained by TheCable

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Timely implementation of the PIA will transform oil and gas industry, says Bala Wunti

  Timely implementation of the PIA will transform oil and gas industry, says Bala Wunti

Bala Wunti, group general manager, National Petroleum Investment Management Services (NAPIMS), says timely operationalisation of the Petroleum Industry Act (PIA)

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Aiteo well in Bayelsa community still spilling oil — two weeks after it blew

  Aiteo well in Bayelsa community still spilling oil — two weeks after it blew

A wellhead owned by Aiteo Eastern Exploration and Production Company (AEEPCO) and Nigerian National Petroleum Corporation (NNPC) has continued to

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NNPC seals $1bn deal with Afrieximbank to boost oil output

  NNPC seals $1bn deal with Afrieximbank to boost oil output

The African Export-Import Bank (Afreximbank) has signed a $1.04 billion deal with the Nigerian National Petroleum Corporation (NNPC) to boost

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Nigeria needs a ‘strong man’ as president

  Nigeria needs a ‘strong man’ as president

BY FREDRICK NWABUFO We hear ‘’strong man’’, and the visage of a rotund, bumbling African dictator in Khaki and jackboots

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