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NNPC News - Page 14

DSS warns Against Breakdown Of Law, Order After March 18 Polls

DSS To Track Cross-border Fuel Smuggling, As 270 Filling Stations Shut Down

The Federal Government shut down over 270 filling stations amid scarcity of Premium Motor Spirit (PMS) and a hike in pump prices across several retailers. According to the government on Thursday, the petrol stations shut down were clamped down on for inflating

February 3, 2023

News·Oil & Gas

Fuels Scarcity: We’re Having Distribution Challenge – NNPCL GMD

Group Managing director, Nigeria National Petroleum Company Limited, Mele Kyari has said the challenges of distribution faced by marketers was responsible for the lingering fuel scarcity in the country. Kyari spoke on Thursday in Port Harcourt when the Minister of State, Petroleum,

January 6, 2023

NNPCL Denies Inflating Fuel Subsidy Payments

Business·Oil & Gas

NNPC Makes Case For Lack Of Record On $1 billion Crude Oil Export

Nigerian National Petroleum Company (NNPC) Limited said it remitted earnings from the 17.877 million barrels of crude it exported contrary to allegations against the firm. According to several reports quoting the Auditor General of the Federation (AuGF), the oil corporation didn’t provide

January 6, 2023

Nigeria Week Ahead: CBN Rate Decision, Inflation & Oil in Focus

Oil & Gas

Crude Oil Production Rises, Nigeria Risk Losing $23 billion

Nigeria’s crude oil production has increased to 1.59 million barrels per day, according to the Chief Upstream Investment Officer at the NNPC Upstream Investment Management Services (NUIMS), Bala Wunti. The figure provided by Wunti is above the 1.01 million barrels per day

December 12, 2022

Election: Oil Marketers Reveal Fuel Movement Stopped Over Fear Of Crisis

Business·Oil & Gas

NNPC Blames Lagos Road Projects For Fuel Scarcity, To Distribute 2 billion Litres

The Nigerian National Petroleum Company (NNPC) said ongoing road projects in Lagos are behind scarcity of fuel in several areas within the state, as queues return to filling stations. Prime Business Africa gathered that distribution of fuel has been crippled by the

November 30, 2022

Opinion

Oil In The North: What Hope For Better Nigeria? (Part 1)

The news of crude oil discovery in Kolmani River, Bauchi and Gombe States and the subsequent commissioning of oilfield drilling operations by President Muhammadu Buhari has continued to generate interests among Nigerians across divides. When, in 2019, the Nigerian National Petroleum Company

November 24, 2022

Fuel scarcity: IPMAN Urges NNPC To Revive Own Depots

News·Oil & Gas

Petrol Scarcity: Marketers Urge NNPC To Revive Own Depots

With the persistent scarcity of fuel, the Independent Petroleum Marketers Association of Nigeria (IPMAN) has urged the Nigeria National Petroleum Company (NNPC) Limited to revive its depots across the country to address supply chain disruptions. Deputy National President of IPMAN, Alhaji Zarama

November 24, 2022

Business·Oil & Gas

NNPC Has Not Added N20,000 To Federation Account This Year – El-Rufai Says

The Nigerian National Petroleum Company, NNPC, Limited has not remitted even N20,000 to the federal account this year according to the Kaduna State Governor, Nasir El-Rufai. El-Rufai revealed this on Thursday, stating that the NNPC Limited should be privatised as it has

October 13, 2022

Business·Oil & Gas

Five Reasons NNPC Lost $1.06 billion Oil Revenue In One Month

The Nigerian National Petroleum Company (NNPC) Limited lost $1.068 billion oil revenue in one month as the corporation struggles to curb crude oil loss, preventing the firm from remitting into the federal account. NNPC’s loss was as a result of the 9.4

August 25, 2022

Buhari Mourns Isaac Sagay, Former Nigeria’s Ambassador To The Holy See

Business·Oil & Gas

President Buhari Approves Seplat Acquisition Of ExxonMobil’s Nigerian Subsidiary

The Federal Government has approved Seplat’s acquisition of Mobil Producing Nigeria Unlimited (MPNU) from Exxon Mobil Corporation, after the Nigerian National Petroleum Company (NNPC) initially block the deal. In a statement released on Monday to the capital market, Nigerian Exchange Limited (NGX),

August 8, 2022

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NNPC News - Page 14

DSS To Track Cross-border Fuel Smuggling, As 270 Filling Stations Shut Down

Fuels Scarcity: We’re Having Distribution Challenge – NNPCL GMD

NNPC Makes Case For Lack Of Record On $1 billion Crude Oil Export

Crude Oil Production Rises, Nigeria Risk Losing $23 billion

NNPC Blames Lagos Road Projects For Fuel Scarcity, To Distribute 2 billion Litres

Oil In The North: What Hope For Better Nigeria? (Part 1)

Petrol Scarcity: Marketers Urge NNPC To Revive Own Depots

NNPC Has Not Added N20,000 To Federation Account This Year – El-Rufai Says

Five Reasons NNPC Lost $1.06 billion Oil Revenue In One Month

President Buhari Approves Seplat Acquisition Of ExxonMobil’s Nigerian Subsidiary

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