Nigeria National Petroleum Company

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15h
AllAfrica.com
Paucity of Funds, Piecemeal Implementation Overstretched Amnesty Programmewere not forwarded and captured in the programme, roads were being blocked on d
Paucity of Funds, Piecemeal Implementation Overstretched Amnesty Programme
AllAfrica.com / Posted 15 hours ago
were not forwarded and captured in the programme, roads were being blocked on daily basis and I think they met with then National Security Adviser, General Gusau who saw their plight and advised the President to hearken to their plea and add them... Read more
1d
The Daily Comet
Guerrillas and rebels do for world oil market what producers couldn'tin the room," said Morse, referring to the supply disruptions, which have helpe
Guerrillas and rebels do for world oil market what producers couldn't
The Daily Comet / Posted yesterday
in the room," said Morse, referring to the supply disruptions, which have helped drive a surge in prices since February. Nigeria offers a clear window into the effects of the outages. Africa's largest crude-producing nation is pumping about 1.7... Read more
1d
The Houma Courier
Guerrillas and rebels do for world oil market what producers couldn'tin the room," said Morse, referring to the supply disruptions, which have helpe
Guerrillas and rebels do for world oil market what producers couldn't
The Houma Courier / Posted yesterday
in the room," said Morse, referring to the supply disruptions, which have helped drive a surge in prices since February. Nigeria offers a clear window into the effects of the outages. Africa's largest crude-producing nation is pumping about 1.7... Read more
1d
AllAfrica.com
Kaduna Refinery Pumps 3m Litres of PMS DailyKaduna — The Nigeria National Petroleum Corporation (NNPC), said the company wi
Kaduna Refinery Pumps 3m Litres of PMS Daily
AllAfrica.com / Posted yesterday
Kaduna — The Nigeria National Petroleum Corporation (NNPC), said the company will start pumping an additional one million liters of Premium Motor Spirit (PMS) in addition to the two million it has been pumping on a daily basis from Tuesday. Chief... Read more
2d
AllAfrica.com
Citizens Uniting to Reclaim Nigeria's Democracyorganisation called Citizens United for Peace and Stability (CUPS), made good o
Citizens Uniting to Reclaim Nigeria's Democracy
AllAfrica.com / Posted 2 days ago
organisation called Citizens United for Peace and Stability (CUPS), made good on its announced plan to peacefully storm the National Assembly, to demand the immediate resignation of Senate President, Bukola Saraki. The "#Occupy the National... Read more
3d
AllAfrica.com
World Bank Gives Kachikwu Thumbs Up On NNPC ReformsAbuja — The World Bank wednesday said it was impressed with the reforms initiat
World Bank Gives Kachikwu Thumbs Up On NNPC Reforms
AllAfrica.com / Posted 3 days ago
Abuja — The World Bank wednesday said it was impressed with the reforms initiated by the Minister of State for Petroleum Resources and Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Ibe Kachikwu, at the state-run... Read more
3d
AllAfrica.com
13 Reasons Fuel Crisis Persists in NigeriaNigeria's perennial fuel crisis has defied all solutions by successive governme
13 Reasons Fuel Crisis Persists in Nigeria
AllAfrica.com / Posted 3 days ago
Nigeria's perennial fuel crisis has defied all solutions by successive governments. The problem is not a creation by witches from outer space, but an entirely Nigerian problem by Nigerians. Business & Economy Editor, Bassey Udo, who has reported... Read more
15 related stories
3d
AllAfrica.com
Time to Dislodge the Fuel Subsidy CabalTime has passed. Nigerians have waited faithfully on the promises made by Minis
Time to Dislodge the Fuel Subsidy Cabal
AllAfrica.com / Posted 3 days ago
Time has passed. Nigerians have waited faithfully on the promises made by Minister of State Petroleum Dr. Ibe Kachikwu that fuel queues would disappear by last week. Today, the queues have remained and scarcity of petrol is persistently biting hard.... Read more
3d
AllAfrica.com
Crimes Commission Recovers £2 Million Jewellery From Ex- Oil Ministerand Financial Crimes Commission (EFCC) has recovered jewellery worth over £2 mi
Crimes Commission Recovers £2 Million Jewellery From Ex- Oil Minister
AllAfrica.com / Posted 3 days ago
and Financial Crimes Commission (EFCC) has recovered jewellery worth over £2 million (N593 million) from former Minister of Petroleum, Diezani Alison-Madueke and the wife of Mr Jide Omokore, an ally of former President Goodluck Jonathan. A top EFCC... Read more
3d
AllAfrica.com
Again, Nationwide Power Generation Drops By 1,585.7MWBy Ejiofor Alike and Chineme Okafor Total power generated by Nigeria's power s
Again, Nationwide Power Generation Drops By 1,585.7MW
AllAfrica.com / Posted 3 days ago
By Ejiofor Alike and Chineme Okafor Total power generated by Nigeria's power stations for transmission and distribution to homes has again dropped by 1,585.7 megawatts (MW) from 3,701.7MW that was achieved as peak generation last Monday evening,... Read more
2 related stories
4d
AllAfrica.com
BPE Commences Review of Failed Privatised Firms' DataActing Director-General of the bureau, Dr. Vincent Onome Akpotaire who disclose
BPE Commences Review of Failed Privatised Firms' Data
AllAfrica.com / Posted 4 days ago
Acting Director-General of the bureau, Dr. Vincent Onome Akpotaire who disclosed this recently when he appeared on the Nigerian Television Authority (NTA)'s breakfast programme-Good Morning Nigeria, noted that the data on these enterprises had... Read more
2 related stories
4d
AllAfrica.com
PETAN Commends Shell's Promotion of Nigeria ContentThe Petroleum Technology Association of Nigeria, PETAN, a foremost association
PETAN Commends Shell's Promotion of Nigeria Content
AllAfrica.com / Posted 4 days ago
The Petroleum Technology Association of Nigeria, PETAN, a foremost association of indigenous service companies has commended the pioneering role of Shell in the development of Nigerian content in the oil industry. "Most of us have our roots here,"... Read more
4d
AllAfrica.com
Shell, PETAN to Collaborate On Nigerian ContentShell Nigeria Exploration and Production Company (SNEPCo) and the Petroleum Tec
Shell, PETAN to Collaborate On Nigerian Content
AllAfrica.com / Posted 4 days ago
Shell Nigeria Exploration and Production Company (SNEPCo) and the Petroleum Technology Association of Nigeria (PETAN) have resolved to develop effective collaboration to promote Nigerian Content in the oil and gas sector. Speaking when he led other... Read more
5d
AllAfrica.com
Buhari's Ministers Sensitise Nigerians On Govt's Programmesoccasion to review the key programmes of the administration within the context
Buhari's Ministers Sensitise Nigerians On Govt's Programmes
AllAfrica.com / Posted 5 days ago
occasion to review the key programmes of the administration within the context of the current plight and expectations of Nigerians. Other ministers present at the town hall meeting, which is the first in a series of others that would be held... Read more
5d
AllAfrica.com
Emefiele - Forex Scarcity Bringing Out the Best in NigeriansCentral Bank of Nigeria (CBN) Governor, Mr. Godwin Ifeanyi Emefiele has describ
Emefiele - Forex Scarcity Bringing Out the Best in Nigerians
AllAfrica.com / Posted 5 days ago
Central Bank of Nigeria (CBN) Governor, Mr. Godwin Ifeanyi Emefiele has described the current scarcity of foreign exchange confronting the country as good riddance, saying local production of various essential goods are now being given top... Read more
4 related stories
5d
AllAfrica.com
The Resurrection of Militancyand official corruption. Tompolo has never been around to take his plea. Since
The Resurrection of Militancy
AllAfrica.com / Posted 5 days ago
and official corruption. Tompolo has never been around to take his plea. Since the militants know the attitude of the Nigerian government to the killing of her citizens, they tend to go for where it hurts the most, the economy of the nation -... Read more
3 related stories
5d
AllAfrica.com
Electricity - the Price Nigerians Must Pay - FasholaBabatunde RAJI Fashola, SAN, responds to these Frequently Asked Questions about
Electricity - the Price Nigerians Must Pay - Fashola
AllAfrica.com / Posted 5 days ago
Babatunde RAJI Fashola, SAN, responds to these Frequently Asked Questions about the Nigerian Power Sector. Fashola, the Minister of Power, Works and Housing, explains that there is a price to pay to have improved electricity supply. What are the... Read more
5d
AllAfrica.com
Buhari Inherited N600 Billion Oil Marketers' Debt, Says FGto roll back poverty. Among these measures are the directive by Buhari for the
Buhari Inherited N600 Billion Oil Marketers' Debt, Says FG
AllAfrica.com / Posted 5 days ago
to roll back poverty. Among these measures are the directive by Buhari for the release of 10,000 tonnes of grains from the national strategic grains reserves for national distribution to counter food price increases and the intolerably high... Read more
15 related stories
5d
AllAfrica.com
'Warri, Port Harcourt Refineries' Output Hits Seven Million Litres Per Day'By Bertram Nwannekanma, Sulaimon Salau, lemma-Ozioruva Aliu Lagos and Benin Ci
'Warri, Port Harcourt Refineries' Output Hits Seven Million Litres Per Day'
AllAfrica.com / Posted 5 days ago
By Bertram Nwannekanma, Sulaimon Salau, lemma-Ozioruva Aliu Lagos and Benin City — The Nigerian National Petroleum Corporation (NNPC) yesterday raised hope on fuel supply as it disclosed that the Warri and Port Harcourt refineries are now producing... Read more
15 related stories
5d
AllAfrica.com
Buharinomics and Challenge of Prodigal Economythat after over 50 years of making nothing and importing everything - from toot
Buharinomics and Challenge of Prodigal Economy
AllAfrica.com / Posted 5 days ago
that after over 50 years of making nothing and importing everything - from toothpicks and rice to education, healthcare and petroleum products, Nigeria is today the classic picture of a prodigal son who squandered his share of the family wealth on a... Read more
5d
AllAfrica.com
PH, Warri Refineries Producing 7 Million Litres of Petrol Daily - NNPCThe minister of state for petroleum resources and group managing director of th
PH, Warri Refineries Producing 7 Million Litres of Petrol Daily - NNPC
AllAfrica.com / Posted 5 days ago
The minister of state for petroleum resources and group managing director of the Nigerian National Petroleum Corporation (NNPC), Dr Ibe Kachikwu has disclosed that the Port Harcourt Refining Company now produces five million litres of petrol while... Read more
15 related stories
5d
AllAfrica.com
Oil Prices Rally to Third Week Highest At U.S.$44.98in Asian trade is said to have set crude futures on course for solid weekly gai
Oil Prices Rally to Third Week Highest At U.S.$44.98
AllAfrica.com / Posted 5 days ago
in Asian trade is said to have set crude futures on course for solid weekly gains, despite ongoing oversupply in international benchmark Nigeria's Brent crude futures LCOc1 were trading at $44.98 per barrel at 0418 GMT, up 45 cents or 1... Read more
5d
AllAfrica.com
Panama Effect - Conspiracy to Squeeze the Poorvictims of extractive aftermaths, slept on the floor and were required to bring
Panama Effect - Conspiracy to Squeeze the Poor
AllAfrica.com / Posted 5 days ago
victims of extractive aftermaths, slept on the floor and were required to bring their own medical supplies. The International Consortium of Investigative Journalists (ICIJ) trails that conundrum of poverty in the heart of plenty to tax... Read more
6d
AllAfrica.com
Three Killed, 10 Vehicles Burnt As Fire Guts NNPC Filling StationThree people died Saturday and 10 vehicles burnt as a filling station belonging
Three Killed, 10 Vehicles Burnt As Fire Guts NNPC Filling Station
AllAfrica.com / Posted 6 days ago
Three people died Saturday and 10 vehicles burnt as a filling station belonging to the state-owned Nigeria National Petroleum Corporation caught fire in Kaduna. Witnesses said the fire started around 5:11 p.m and raged for more than three... Read more
6d
Arkansas Business
Energy Security Partners CEO Says Fuel Plant 'Not a Risky Project'too good to be true, and he’ll turn to history, engineering and finance to argu
Energy Security Partners CEO Says Fuel Plant 'Not a Risky Project'
Arkansas Business / Posted 6 days ago
too good to be true, and he’ll turn to history, engineering and finance to argue it’s too good not to be. Williams, whose company spent more than a year securing 1,100 acres in northern Jefferson County for what would be the largest construction... Read more
7d
AllAfrica.com
NNPC - Transfer of U.S.$1.8 Billion Oil Blocks to NPDC Not TransparentThe Nigerian National Petroleum Corporation (NNPC) yesterday finally accepted t
NNPC - Transfer of U.S.$1.8 Billion Oil Blocks to NPDC Not Transparent
AllAfrica.com / Posted 7 days ago
The Nigerian National Petroleum Corporation (NNPC) yesterday finally accepted that the transfer of oil blocks to its subsidiary, the Nigerian Petroleum Development Company (NPDC) valued at the cost of $1.8 billion but for which only $100 million has... Read more
8d
AllAfrica.com
Nigeria's Long Road to Petrol Scarcityon oil deliberately decided to sabotage the economy by awarding a contract for
Nigeria's Long Road to Petrol Scarcity
AllAfrica.com / Posted 8 days ago
on oil deliberately decided to sabotage the economy by awarding a contract for the turn-around-maintenance (TAM) of a Nigerian refinery to an Indian fishing company, which has no knowledge of oil and gas operations? This was the key question... Read more
9d
AllAfrica.com
FG Defers N10.9 Billion Loan Repayment By Stateloans so as to allow them pay their workers' salaries. Briefing journalists ye
FG Defers N10.9 Billion Loan Repayment By State
AllAfrica.com / Posted 9 days ago
loans so as to allow them pay their workers' salaries. Briefing journalists yesterday at the end of a meeting of the National Economic Council (NEC) which held at the State House in Abuja, Adeosun said that the decision to stop the deductions... Read more
8 related stories
9d
AllAfrica.com
Workers Protest Against Planned Mass Sack in SiemensPort Harcourt — Scores of Nigerian staff of Dresser-Rand, a subsidiary of Sieme
Workers Protest Against Planned Mass Sack in Siemens
AllAfrica.com / Posted 9 days ago
Port Harcourt — Scores of Nigerian staff of Dresser-Rand, a subsidiary of Siemens, a multinational telecommunications company, yesterday staged a protest in Port Harcourt against an impending sack of 70 per cent of the company's workforce who are all... Read more
9d
AllAfrica.com
Niger Delta Oil Piracy and the Worm in the Kolanut"it is the rat in the house that invites the ones outside into the house". It i
Niger Delta Oil Piracy and the Worm in the Kolanut
AllAfrica.com / Posted 9 days ago
"it is the rat in the house that invites the ones outside into the house". It is clear without a tincture of doubt that the petroleum industry is filled with all kinds of players and the oil pirates are from there and beyond. It is now clearly... Read more
9d
AllAfrica.com
Navy, Merchant Navy Clash in LagosThe bad blood ‎between officers of the Nigerian Navy and the Nigerian Merchant
Navy, Merchant Navy Clash in Lagos
AllAfrica.com / Posted 9 days ago
The bad blood ‎between officers of the Nigerian Navy and the Nigerian Merchant Navy resurfaced in Lagos Monday with the former accusing the latter of impersonation. Three officers of the Nigerian Navy, Western Command‎, B-Croft, trailed some members... Read more
11d
AllAfrica.com
Controversy Trails FG's Planned Special Task Force On Vandalismhas generated controversies within the security circle, as security experts sai
Controversy Trails FG's Planned Special Task Force On Vandalism
AllAfrica.com / Posted 11 days ago
has generated controversies within the security circle, as security experts said it would amount to duplication of the national security and civil defence corps' mandate. During his recent official visit to Delta State, the Vice-President was... Read more
8 related stories
11d
AllAfrica.com
'Govt Must Develop a Policy That Would Make Nigeria an Arbitration Hub'Arbitration has maintained its increasing popularity in Nigeria despite the def
'Govt Must Develop a Policy That Would Make Nigeria an Arbitration Hub'
AllAfrica.com / Posted 11 days ago
Arbitration has maintained its increasing popularity in Nigeria despite the deficit in infrastructure and adequate legislation. Notwithstanding this fact, most ADR specialists and Arbitrators are desirous for Nigeria to develop into a major... Read more
11d
AllAfrica.com
FG Calls for Investors to Manage RefineriesBy Mohammed Shosanya and Daniel Adugbo Abuja — The Nigerian National Petroleum
FG Calls for Investors to Manage Refineries
AllAfrica.com / Posted 11 days ago
By Mohammed Shosanya and Daniel Adugbo Abuja — The Nigerian National Petroleum Corporation (NNPC) has unveiled plans to engage investors to enter into a Joint Venture (JV) arrangement with it to fund, rehabilitate and jointly operate any of the... Read more
11d
AllAfrica.com
State Earns N632.37 Billion From LNG in 2015Despite the dwindling prices of oil and gas in the international market, Nigeri
State Earns N632.37 Billion From LNG in 2015
AllAfrica.com / Posted 11 days ago
Despite the dwindling prices of oil and gas in the international market, Nigeria earned about $3.21 billion or N632.37 billion in 2015, through the liquefied natural gas, LNG, project, going by the exchange rate of N197 to a dollar. This is even as... Read more
12d
Offshore Magazine
Ghana, Senegal setting standard for West African deepwater E&Phighlighted at The African Oil and Gas Growth Story conference in London in Feb
Ghana, Senegal setting standard for West African deepwater E&P
Offshore Magazine / Posted 12 days ago
highlighted at The African Oil and Gas Growth Story conference in London in February, organized by the Institute of Petroleum for IP Week. Three of Ghana’s four sedimentary are offshore, said Theophilus Ahwireng, CEO of the country’s... Read more
12d
AllAfrica.com
Oil Price - Opec Decides Today On Output Freezecountries ministerial meeting conveyed to seek remedy to the lingering decline
Oil Price - Opec Decides Today On Output Freeze
AllAfrica.com / Posted 12 days ago
countries ministerial meeting conveyed to seek remedy to the lingering decline in the price of crude oil in the international market. Pressure to reach a deal to freeze production to boost prices follows the hastened pace at which the... Read more
806 related stories
12d
AllAfrica.com
How the Yuan Currency Swap MattersLagos — The recent visit of Nigeria's President Muhammadu Buhari to China at th
How the Yuan Currency Swap Matters
AllAfrica.com / Posted 12 days ago
Lagos — The recent visit of Nigeria's President Muhammadu Buhari to China at the invitation of Chinese President Xi Jinping, has led to improved cooperation between the two countries. One of the main deals reached between the two countries was the... Read more
13 related stories
12d
AllAfrica.com
Emefiele - Why Yuan Currency Swap Will Reduce Pressure On Forex MarketCentral Bank of Nigeria (CBN) Governor, Mr. Godwin Ifeanyi Emefiele, has expres
Emefiele - Why Yuan Currency Swap Will Reduce Pressure On Forex Market
AllAfrica.com / Posted 12 days ago
Central Bank of Nigeria (CBN) Governor, Mr. Godwin Ifeanyi Emefiele, has expressed optimism that the agreement reached between Nigeria and China last week on a currency swap will strengthen the naira and help reduce the strong demand for the US... Read more
13 related stories
12d
AllAfrica.com
Opec, Non-Opec Deal Faces Fresh Hurdle Over Saudi, Iran TensionsBy Tobi Soniyi and Ejiofor Alike in Lagos with Agency Reports The global deal
Opec, Non-Opec Deal Faces Fresh Hurdle Over Saudi, Iran Tensions
AllAfrica.com / Posted 12 days ago
By Tobi Soniyi and Ejiofor Alike in Lagos with Agency Reports The global deal between the Organisation of Petroleum Exporting Countries (OPEC) and non-OPEC producers on freezing crude oil output faces fresh hurdles with Saudi Arabia's demand... Read more
806 related stories
13d
AllAfrica.com
Solving Nigeria's Power Crisisin electricity megawatts by the President Muhammadu Buhari-led administration,
Solving Nigeria's Power Crisis
AllAfrica.com / Posted 13 days ago
in electricity megawatts by the President Muhammadu Buhari-led administration, if the execution of Phase II of the National Integrated Power Projects (NIPP), which covers the construction of 11 hydro dams in Northern Nigeria to add and... Read more
15d
AllAfrica.com
Port Harcourt Refinery Injects 28 Million Litres of Petrol Into Domestic MarketPort Harcourt Refining Company Limited has announced that 28 million litres of
Port Harcourt Refinery Injects 28 Million Litres of Petrol Into Domestic Market
AllAfrica.com / Posted 15 days ago
Port Harcourt Refining Company Limited has announced that 28 million litres of petrol have been pumped into the domestic market to help address the current product scarcity that had crippled the economy. This is coming as fuel supply has drastically... Read more
12 related stories
16d
AllAfrica.com
Senate Begins Legislation On PIB, Probes NNPC's Joint Venture Cash CallsAbuja — The Senate wednesday began the process of passing the controversial and
Senate Begins Legislation On PIB, Probes NNPC's Joint Venture Cash Calls
AllAfrica.com / Posted 16 days ago
Abuja — The Senate wednesday began the process of passing the controversial and much awaited Petroleum Industry Bill (PIB) as the bill scaled first reading on the floor of the upper chamber. The bill was re-christened as Petroleum Industry and... Read more
16d
AllAfrica.com
Labour Urges FG to Withdraw Dormant Mining Licencesare undermining the development of the sector. At its Central Working Committe
Labour Urges FG to Withdraw Dormant Mining Licences
AllAfrica.com / Posted 16 days ago
are undermining the development of the sector. At its Central Working Committee, CWC, the Joe Ajaero-led faction of Nigeria Labour Congress, NLC, expressed concern over perceived the huge failure and ineffectiveness of the privatization... Read more
17d
AllAfrica.com
Petrol Prices Highest in Nasarawa, Cross River in Marchfor N99.05, N116.65 and N111.76 per litre respectively in February in the three
Petrol Prices Highest in Nasarawa, Cross River in March
AllAfrica.com / Posted 17 days ago
for N99.05, N116.65 and N111.76 per litre respectively in February in the three states. The latest PMS price watch by the National Bureau of Statistics, NBS, showed that average price of the commodity in all the 36 states of the federation and... Read more
8 related stories
17d
AllAfrica.com
Scarcity - NNPC Raises Fuel Supply to Abuja, Other Statesand environs is gradually improving following the increase in truck out of fuel
Scarcity - NNPC Raises Fuel Supply to Abuja, Other States
AllAfrica.com / Posted 17 days ago
and environs is gradually improving following the increase in truck out of fuel from 186 to 240 trucks on Tuesday. The Nigerian National Petroleum Corporation (NNPC) and its downstream subsidiary Nigerian Products Marketing Company (NPMC) said... Read more
12 related stories
17d
AllAfrica.com
Racketeering Distorts Fuel Distribution - NNPCThe Nigerian National Petroleum Corporation (NNPC) has said panic buying as wel
Racketeering Distorts Fuel Distribution - NNPC
AllAfrica.com / Posted 17 days ago
The Nigerian National Petroleum Corporation (NNPC) has said panic buying as well as racketeering at various filling stations in the country are distorting smooth fuel distribution. Speaking while conducting journalists round some filling stations in... Read more
8 related stories
17d
AllAfrica.com
NLNG Paid FG N436 Billion Taxes in 2015Lagos — The Nigeria Liquefied Natural Gas Limited says it paid the sum of S2.2b
NLNG Paid FG N436 Billion Taxes in 2015
AllAfrica.com / Posted 17 days ago
Lagos — The Nigeria Liquefied Natural Gas Limited says it paid the sum of S2.2billion (about N436billion) to the federal government as income tax in 2015. The managing director of the company, Babs Omotowa, who disclosed this in Lagos, yesterday, at... Read more
17d
AllAfrica.com
Buhari, Energy and a Media Combatant!Nigeria's president Mohammadu Buhari, PMB is not a typical Nigerian politician
Buhari, Energy and a Media Combatant!
AllAfrica.com / Posted 17 days ago
Nigeria's president Mohammadu Buhari, PMB is not a typical Nigerian politician but a born again democrat, who in proving the depth of his epiphany, addressed his people in his inauguration speech that "he belongs to everybody" even in a country where... Read more
17d
AllAfrica.com
For Kachikwu, It Is the Morning After the PartyIt is normal for Nigerians to expect Emmanuel Ibe Kachikwu, first-class lawyer
For Kachikwu, It Is the Morning After the Party
AllAfrica.com / Posted 17 days ago
It is normal for Nigerians to expect Emmanuel Ibe Kachikwu, first-class lawyer and experienced player in the oil sector, to perform magic as the Minister of State for Petroleum. As the petroleum supply becomes unpredictable and the queue at the few... Read more
10 related stories
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