Nigerian National Petroleum Corporation has insisted that there is no increment in the ex-depot price of Premium Motor Spirit also known as petrol this month despite a template released by the Petroleum Products Pricing Regulatory Agency that the new price of petrol has reached two hundred and two naira six kobo per litre.   The […]

As the count-down to Christmas and New Year celebration begins, the Nigerian National Petroleum Corporation and the House of Representatives have assured Nigerians that there will be no fuel scarcity. Group Managing Director of the NNPC, Mele Kyari, and the Chairman, House of Representatives’ Committee on Petroleum Abdullahi Gaya, gave the assurance yesterday in Lagos […]

Newly inaugurated National Economic Council has hit the ground running with the reconstitution of an Ad-hoc Committee to reconcile the Excess Crude Account, Nigerian National Petroleum Corporation’s remittance and related issues. Governor of Adamawa, Ahmadu Fintri, who announced this at the end of the Council meeting which was presided over by Vice-President Yemi Osinbajo, said […]

There has been a major shakeup in the Nigerian National Petroleum Corporation, with the removal of Dr. Maikanti Baru as the Group Managing Director and appointment of Mele Kyari as his successor. President Muhammadu Buhari, who gave nod to the change, also confirmed the appointment of seven Chief Operating Officers. They include Roland Ewubare from […]

NNPC Nigerian National Petroleum Corporation, NNPC, yesterday announced plans to refurbish its entire existing pipeline and double the country’s pipeline network within the next ten years. Group Managing Director of the corporation, Maikanti Baru, stated this while inaugurating the new Board of one of its downstream subsidiaries, the Nigerian Pipeline Storage Company, in Abuja. Baru […]

NNPC Nigerian National Petroleum Corporation says despite the prospect in the exploration of oil in the Chad Basin, security challenge has been the major impediment to the success of the project. General Manager, Frontier Exploration Services of the corporation, Mazadu Bako, who stated this in Kaduna State, hinted that plans are at the advanced stage. […]

PETROLEUM An upstream subsidiary of the Nigerian National Petroleum Corporation known as the Nigerian Petroleum Development Company says it will grow its crude oil production to five hundred thousand barrels per day before 2022. This target was announced in Abuja yesterday by the NNPC Group Managing Director, Maikanti Baru, in a statement by the Corporation’s […]

SENATE Senate has given the Nigerian National Petroleum Corporation seven days to end lingering scarcity of petrol and clear queues in filling stations across the country. The ultimatum followed a unanimous adoption of report of the Committee on Petroleum Resources (Downstream) on the fuel crisis in the country, at plenary. In the report presented by […]

NNPC The Nigerian National Petroleum Corporation has released two hundred and fifty trucks of petrol to Lagos to ensure the product’s availability. Nigerian National Petroleum Corporation spokesman Mr Ndu Ughamadu, stated that there was a slight change in the distribution network in Lagos, as the city is currently being supplied by the Major Oil Marketers […]

NNPC The Group Managing Director of the Nigerian National Petroleum Corporation, Maikanti Baru said four thousand five hundred and one petrol trucks were simply untraceable, vanishing from the Nigerian radar, during the biting fuel supply crisis. Baru stated that during the period, NNPC could not track the movement of four thousand five hundred and one […]

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