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NNPC, Shell Sign MoU With 8 Nigerian Banks For $2.2 Billion Contractor Support Fund

Shell companies in Nigeria, supported by the Nigerian National Petroleum Corporation, NNPC, has signed Memoranda of Understanding (MoU) with eight Nigerian banks under the...

NNPC To Reduce Pump Price Of Petrol In Line With ‘Falling Cargo Rates’

The Nigerian National Petroleum Corporation, NNPC, may undertake a downward review of the pump price of petrol in its retail outlets across the country, ThisDay...

NUPENG To Resist Sale Of NNPC Assets

The Nigeria Union of Petroleum and Natural Gas Workers, NUPENG, says it will not support the sale of NNPC’s assets without proper consultation with...

Buhari’s National Oil Policy To Scrap NNPC, DPR, PPPRA, Sell Unprofitable Refineries

The federal government’s draft National Oil Policy has proposed to consolidate Nigeria’s oil industry regulatory authorities into a single agency to be known as...

NNPC Denies Plan To Hike Petrol Pump Price

The Nigerian National Petroleum Corporation, NNPC, on Tuesday, October 25, 2016 denied any plan to further hike the price of premium motor spirit, PMS, also...

Recession: Nigeria’s Oil And Gas Reserve Almost Exhausted – NNPC

The Nigerian National Petroleum Corporation, NNPC, has painted a very gloomy fortune for Nigeria’s economy, as it disclosed that the country’s crude oil and...

NNPC Reforms Can Pull Nigeria Out Of Recession – Obasanjo Tell Baru

Olusegun Obasanjo, a former president of Nigeria, has called for the urgent reform of the business operations model of the Nigerian National Petroleum Corporation,...

Former NNPC Bosses Fault Buhari’s N145 Per Litre Fuel Pump Price

The NNPC GMDs Forum, a body comprising present and former group managing directors of the Nigerian National Petroleum Corporation, Nigeria's state-owned oil company has...

Niger Delta Avengers: NNPC To Import Crude From Chad, Niger

As part of the efforts to address frequent disruptions to the supply of crude oil to the Kaduna Refinery and Petrochemical Company, KRPC, as...

NNPC Records N65.83 Billion Loss In 5 Months

State-owned oil company, the Nigerian National Petroleum Corporation, NNPC, recorded a total loss of N65.83bn between January and May this year, its latest group financial...

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