Oil & Gas

Refineries gulped N81.41bn, refined zero crude – NNPC

A total of N81.41bn was expended on Nigeria’s refineries between January and August this year but the facilities refined no…

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NNPC Restates Commitment to Growing Nation’s Hydrocarbon Reserves

The Nigerian National Petroleum Corporation (NNPC) has reiterated its resolve to grow the nation’s hydrocarbon reserves to 40billion barrels through…

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Senate Lauds NNPC on Gas Projects, Financial Audit Report

The Senate Committee on Gas has commended the Nigerian National Petroleum Corporation (NNPC) on the various gas development projects it…

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NNPC Clarifies Increase in PMS Ex-Coastal, Ex-Depot Price of PMS

The Nigerian National Petroleum Corporation (NNPC) has said it is aware of a document widely circulating in the media purporting…

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PENGASSAN Strike: NNPC Says No Need for Panic Buying

…Over 2.9 Billion Litres of Petrol Available for Yuletide The Nigerian National Petroleum Corporation (NNPC) on Tuesday dismissed mounting insinuation…

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NNPC Boosts Power Generation by 2,538MW in August

• Posts $139.50Million Crude Oil & Gas Export Sales The Nigerian National Petroleum Corporation (NNPC) has said that it supplied…

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Nigeria’s Earnings threatened as Oil price Drops Below $38bbl

 Nigeria’s earnings become threatened as Brent, the oil against which Nigeria’s crude is benchmarked, drops below $38bbl. The majority of Nigeria’s…

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NNPC Releases 2019 Audited Financial Statement, Reduces Loss by 99.7%

Barely five months after publishing its 2018 Audited Financial Statement, the Nigerian National Petroleum Corporation (NNPC) has released its 2019…

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