30 results
- 22 Aug 2012
Weco Systems Partners NNPC on Next Generation Data Centre
The Nigerian National Petroleum Corporation (NNPC) is the National Oil Corporation through which the federal government of Nigeria regulates and participates in the country's petroleum industry. NNPC…
- 20 Apr 2014
NNPC Denies Rift with Diezani, Petroleum Minister
Nigerian National Petroleum Corporation (NNPC) at the weekend denied the rumour of frosty relationship between Mrs. Diezani Alison-Madueke, minister of Petroleum Resources and chairman of NNPC board,…
- 22 Nov 2020
NNPC Seeks NITDA Partnership for Petroleum Sector Research
Nigerian National Petroleum Corporation (NNPC) has extended a hand of partnership to the National Information Technology Development Agency (NITDA) to effectively drive the petroleum sector with…
- 17 Feb 2023
NNPCL Officially Takes over as FG Rests NNPC
The Federal Government Friday wound up the Nigerian National Petroleum Corporation, NNPC, after 46 years of operation and its place, the Petroleum Industry Act enabled Nigerian National Petroleum…
- 31 Dec 2013
NNPC Keeps N100Bn Fuel as Strategic Reserve.
Petroleum products worth about N100 billion are currently kept as strategic reserve for the nation by the Nigerian National Petroleum Corporation (NNPC). Dr Omar Farouk Ibrahim, spokesman NNPC,said…
- 25 Mar 2013
Court Asks NNPC Pension Fund to Pay Retirees N500m
The National Industrial Court on Monday ordered the Nigerian National Petroleum Pension Fund Limited to pay N500 million to the Nigerian National Petroleum Corporation, NNPC, pensioners who retired…
- 4 Jan 2013
Senate Rejects NNPC’s N686Bn Revenue
Senate Committee on Petroleum (Downstream) on Thursday rejected the Nigerian National Petroleum Corporation (NNPC) budget saying the corporation did not provide clear details of how it generated…
- 12 Jul 2019
Reps Probe Recruitment, Extortion Scandals @ CBN, Others
House of Representatives said it will investigate the alleged clandestine recruitment process in Nigerian National Petroleum Corporation (NNPC), Nigerian Ports Authority (NPA), Central Bank of…
- 14 Nov 2016
FG to Restructure NNPC, List Shares on NSE
Federal government plans to list the Nigerian National Petroleum Corporation (NNPC) on the Nigerian Stock Exchange, once it concludes its reforms of the country’s petroleum sector, the latest draft…
- 14 Sept 2009
NNPC Asks N/Assembly to Enact Law on Pipeline Attack
The Nigerian National Petroleum Corporation (NNPC) has asked the National Assembly to enact laws that will criminalise pipeline vandalization in the country. The Corporation implored the lawmakers to…
- 12 Aug 2015
Buhari Sacks MDs of NNPC Subsidiaries
President Muhammadu Buhari has fired the managing directors of the subsidiaries of the Nigerian National Petroleum Corporation (NNPC) and retired 38 top management staff of the firm, trimming down…
- 20 Nov 2016
NNPC, Shell Sign MoUs with Nigerian Banks for $2.2Bn Contractor Financing Support
Shell Companies in Nigeria, supported by the Nigerian National Petroleum Corporation (NNPC) has signed Memoranda of Understanding (MoUs) with eight Nigerian banks under the refreshed Shell…
- 20 Nov 2016
NNPC, Shell Sign MoUs with Nigerian Banks for $2.2Bn Contractor Financing Support
Shell Companies in Nigeria, supported by the Nigerian National Petroleum Corporation (NNPC) has signed Memoranda of Understanding (MoUs) with eight Nigerian banks under the refreshed Shell…
- 17 Oct 2013
NNPC Says No Cause For Alarm over IOCs Divestment
Nigerian National Petroleum Corporation (NNPC) has dismissed fears that the recent spate of divestment of onshore oil blocks by International Oil Companies (IOCs) may lead to crisis in the nation’s…
- 14 May 2013
Reps Order NNPC to Cough out N236Bn
Nigerian National Petroleum Corporation (NNPC) has been ordered to return N236 billion to the treasury of the federal government within a month. The order was given by Adeola Olamilekan, chairman of…
- 29 Jun 2021
NNPC Seeks Bank Loan to Buy Equity in Dangote Refinery
Banks have commenced engagement with the Nigerian National Petroleum Corporation (NNPC) on how to lend the Corporation loan to acquire equity 20 per equity in the Dangote $19 billion Petroleum…
- 26 Nov 2015
Oil Thieves Steal $250m from Single Pipeline- NNPC
Thieves have stolen nearly $250million of petrol from a single pipeline this year, according to the Nigerian National Petroleum Corporation (NNPC). The NNPC said half a billion litres were taken from…
- 22 Oct 2015
NNPC Denies $25m Oil Block Transaction with Indian Firm
Nigerian National Petroleum Corporation (NNPC) yesterday denied any involvement in transactions with an Indian company, Oil and Natural Gas Corp-Mittal Energy Limited, said to have acquired an…
- 5 Oct 2016
NNPC to Commence Commercial Bio-Fuel Project in Nigeria,
Dr. Maikanti Baru, group managing director (GMD), Nigerian National Petroleum Corporation (NNPC) has said that the corporation will soon commence the first large scale commercial bio-fuel venture as…
- 2 Mar 2013
NNPC Rejigs ICT Monitors to Check Pipeline Vandalism
Nigerian National Petroleum Corporation (NNPC) has reconfigured 2B Artery monitoring gadgets in Arepo, Ogun state to maintain comprehensive surveillance of the pipeline and to check the spate of…
- 29 Jun 2015
FG Begins Probes of N3.8trn Missing Oil Money
A panel of four governors was, yesterday, constituted to probe the affairs of the Nigerian National Petroleum Corporation (NNPC), following revelations that the corporation withheld N3.8 trillion of…
- 25 Mar 2021
Nigerians to Pay N234 Per Litre of Petrol- NNPC
Mele Kyari, group managing director of Nigeria National Petroleum Corporation (NNPC), has said that the corporation can no longer bear the over N120 billion monthly subsidy for Premium Motor Spirit…
- 14 Jul 2020
NNPC Sacks 850 Workers, Many from Refineries
Nigerian National Petroleum Corporation (NNPC) has fired 850 workers, many of them from refineries, amidst the coronavirus pandemic, an oil union said. The workers are both skilled and unskilled…
- 20 Oct 2021
NNPC Disclaims Fake 50th Anniversary Quiz Contest
Nigerian National Petroleum Corporation (NNPC) has disowned a fake quiz competition trending online which claims to celebrate its 50th anniversary. In the purported quiz contest, unsuspecting…
- 1 Feb 2013
NNPC Cornered $5Bn in 3 Years-NEITI
Nigerian National Petroleum Corporation (NNPC) has been indicted over failure to remit $4.84 billion from the Nigerian Liquefied Natural Gas (NLNG) to the Federation Account in line with statutory…
- 28 Feb 2014
NNPC Says No Plan to Increase Petrol Price
Nigerian National Petroleum Corporation (NNPC) has described as false, rumours of an imminent increase in the pump price of Premium Motor Spirit (PMS) otherwise called petrol. This is contained in a…
- 17 Nov 2009
NNPC Says it is Committed to Community Development
Nigerian National Petroleum Corporation (NNPC) yesterday reassured that it would continue to promote vigorously the 7-point Agenda of the Yar'Adua administration in the spirit of the 2015 Millennium…
- 15 Sept 2008
Indian Firm Ruins $6bn Refinery Project
House of Representatives ad hoc panel probing activities of the Nigerian National Petroleum Corporation (NNPC), its subsidiaries and the Department of Petroleum Resources (DPR), has accused an Indian…
- 8 Jan 2013
NNPC Borrows $1.5Bn to Pay Fuel Debts
Nigerian National Petroleum Corporation (NNPC) has obtained a $1.5 billion syndicated loan to help it pay debts to international fuel traders, Reuters reported Monday, quoting a senior banking source…
- 23 Apr 2013
MPN Join Venture Inks Agreement on Qua Ibom Power Project
Mobil Producing Nigeria Unlimited (MPN), operator of the Nigerian National Petroleum Corporation (NNPC) / MPN Joint Venture, has signed a seller’s representative agreement (SRA) for the Qua Iboe…