Tag: NNPC.
NNPC releases important information on purported recruitment
The Nigerian National Petroleum Corporation (NNPC) has said it is not recruiting and urged the general public to disregard information…
NNPC Records Crude Oil, Gas Sales of $219.75m in May
The Nigerian National Petroleum Corporation says it recorded a total crude oil and gas export sales of $219.75m in May…
Buhari orders incorporation of NNPC as limited liability, Ararume heads board
Chairman of the Board is Senator Ifeanyi Ararume, while Mele Kolo Kyari and Umar I. Ajiya are Chief Executive Officer,…
NNPC ₦287bn profit: Facts behind the figures – Kyari
Following the Presidential applause for the Nigerian National Petroleum Corporation (NNPC) on its posting of ₦287bn profit after tax in…
ICYMI: Why Buhari is excited by NNPC’s first profit in 44 years
NNPC's GMD Mele Kyari attributed the profit to cost cutting, improved efficiency as well as lower borrowing rates.
NNPC hails Appeal court’s judgment on OML 11
The Nigeria National Petroleum Corporation (NNPC) has hailed the recent Appeal Court judgment affirming its operatorship of the Oil Mining…
NPDC resumes operation at OML 11 after legal victory over Shell
The appeal court judgment was hailed by Kyari who described it as a huge victory for Nigeria and the beginning…
NNPC shuffles staff, appoints Garba Muhammad spokesman
The appointments and redeployments were to strengthen and reposition the NNPC towards attaining global excellence and profitability.
NNPC bribes: Glencore staff Stimler pleads guilty in U.S.
A scheme of graft in NNPC involving Anthony Stimler, a former U.K.-based trader for Glencore Plc has put the him…
Massive fraud: NNPC failed to remit N3.88trn from crude oil sales in 2015 – Senate
The Senate has faulted the Nigerian National Petroleum Corporation (NNPC) for under remitting the sum of N3.88 trillion revenue from…
NNPC will borrow to buy 20% stake in Dangote Refinery: Mele Kyari
Mele Kolo Kyari, the group managing director of the Nigerian National Petroleum Corporation has justified the plan to buy a…
Smugglers balloon Nigeria’s daily petrol consumption: NNPC
The Nigerian National Petroleum Corporation (NNPC) said smuggling across the borders increased the daily consumption of Premium Motor Spirit (PMS)…
NNPC: Nigeria bleeds as petrol cost hits N256, subsidy N150b
The Nigerian National Petroleum Corporation (NNPC) said the cost of a litre of petrol has hit N256 and it is…
Senate lauds NNPC’s anti-corruption efforts
The Nigerian Senate has commended the Nigerian National Petroleum Corporation (NNPC) for its efforts towards entrenching transparency and stamping out…
NNPC records 314% Increase in trading surplus
Nigerian National Petroleum Corporation (NNPC) has announced a ₦39.85billion trading surplus for February 2021, representing a 314.24% leap from the…