Nigeria National Petroleum Company

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2h
AllAfrica.com
CBN Suspends 9 Banks From Forex TransactionsThe Central Bank of Nigeria, CBN, yesterday, suspended nine banks from further
CBN Suspends 9 Banks From Forex Transactions
AllAfrica.com / Posted 2 hours ago
The Central Bank of Nigeria, CBN, yesterday, suspended nine banks from further dealing in foreign exchange transactions, until they remit all outstanding Nigerian National Petroleum Corporation, NNPC, funds in their vaults into the Treasury Single... Read more
2h
AllAfrica.com
N-Delta Leaders Defuse Tension With New Initiativeeventful consultative meeting of Niger Delta leaders in Warri, Delta State, whe
N-Delta Leaders Defuse Tension With New Initiative
AllAfrica.com / Posted 2 hours ago
eventful consultative meeting of Niger Delta leaders in Warri, Delta State, where a pan-Niger Delta platform of all ethnic nationalities was established to dialogue and negotiate with the Federal Government. Former Federal Commissioner for... Read more
18 related stories
1d
AllAfrica.com
Cleaning Upand to pay off outstanding debts. However, $1 billion of that amount cannot be
Cleaning Up
AllAfrica.com / Posted yesterday
and to pay off outstanding debts. However, $1 billion of that amount cannot be accounted for. Recently, Samuel Ukura, Nigeria's auditor-general, reported that $16 billion in proceeds was missing from the state-owned Nigerian National Petroleum... Read more
1d
AllAfrica.com
Rethinking NNPC's Oil Search in the NorthSea, United States' Gulf of Mexico and the Middle East's Persian Gulf through t
Rethinking NNPC's Oil Search in the North
AllAfrica.com / Posted yesterday
Sea, United States' Gulf of Mexico and the Middle East's Persian Gulf through the efforts of the federal government or the Nigerian National Petroleum Corporation (NNPC). It was the private sector-led initiative that catapulted the Niger Delta to... Read more
2d
AllAfrica.com
More Militant Groups Declare Ceasefire in Niger Deltaelusive as yet another group, Niger Delta Greenland and Justice Mandate, has at
More Militant Groups Declare Ceasefire in Niger Delta
AllAfrica.com / Posted 2 days ago
elusive as yet another group, Niger Delta Greenland and Justice Mandate, has attacked a major delivery line operated by the Nigerian Petroleum Development Company (NPDC) in Udu Local Council of Delta State. The group also warned that no repair... Read more
18 related stories
2d
AllAfrica.com
An Illicit Affairswooped on them. THISDAY gathered that the DPO who had gone undercover by pret
An Illicit Affair
AllAfrica.com / Posted 2 days ago
swooped on them. THISDAY gathered that the DPO who had gone undercover by pretending to be a buyer of the ill gotten petroleum products, had lured them before she and her men arrested them. A Domestic Affair Call it a domestic affair and... Read more
2 related stories
2d
AllAfrica.com
N96 Trillion Oil Revenue - How Nigeria Short-Changed Oil Producing AreasLast week, we published the first part of our exclusive story on how much Niger
N96 Trillion Oil Revenue - How Nigeria Short-Changed Oil Producing Areas
AllAfrica.com / Posted 2 days ago
Last week, we published the first part of our exclusive story on how much Nigeria earned from crude oil since exploitation started in 1958 at Oloibiri, in present day Bayelsa State, and June 2016. Today, we serve you the concluding part of the story... Read more
2d
AllAfrica.com
Oil Pipelines' Bombings - Avengers Bow to N-Delta Leaders' Pleaour Niger Delta elders and genuine stakeholders that tacit support to go to the
Oil Pipelines' Bombings - Avengers Bow to N-Delta Leaders' Plea
AllAfrica.com / Posted 2 days ago
our Niger Delta elders and genuine stakeholders that tacit support to go to the dialogue table with government and the multinational oil corporations whenever the enabling environment prevails. "We are going to support any collective/negotiation... Read more
18 related stories
4d
FOX Business
Oil Retreats from 8-Week Highs as Rally Pausesor almost 25 percent, in just over two weeks on speculation that Saudi Arabia a
Oil Retreats from 8-Week Highs as Rally Pauses
FOX Business / Posted 4 days ago
or almost 25 percent, in just over two weeks on speculation that Saudi Arabia and other members of the Organization of the Petroleum Exporting Countries will agree next month to a production freeze deal with non-OPEC members led by... Read more
91 related stories
4d
FOX Business
Oil Retreats from 8-Week Highs as Rally Pausesor almost 25 percent, in just over two weeks on speculation that Saudi Arabia a
Oil Retreats from 8-Week Highs as Rally Pauses
FOX Business / Posted 4 days ago
or almost 25 percent, in just over two weeks on speculation that Saudi Arabia and other members of the Organization of the Petroleum Exporting Countries will agree next month to a production freeze deal with non-OPEC members led by... Read more
91 related stories
4d
FOX Business
Oil Down 1% from 8-Week Highs as Rally Pausesalmost 25 percent, in just over two weeks on speculation that Saudi Arabia and
Oil Down 1% from 8-Week Highs as Rally Pauses
FOX Business / Posted 4 days ago
almost 25 percent, in just over two weeks on speculation that Saudi Arabia and other key members of the Organization of the Petroleum Exporting Countries will agree next month to a production freeze deal with non-OPEC members led by... Read more
91 related stories
4d
FOX Business
Oil Down 1% from 8-Week Highs as Rally Pausesalmost 25 percent, in just over two weeks on speculation that Saudi Arabia and
Oil Down 1% from 8-Week Highs as Rally Pauses
FOX Business / Posted 4 days ago
almost 25 percent, in just over two weeks on speculation that Saudi Arabia and other key members of the Organization of the Petroleum Exporting Countries will agree next month to a production freeze deal with non-OPEC members led by... Read more
91 related stories
5d
West Ham United FC
Hammers secure first African partnerin Africa, following the signing of a long-term agreement with Capital Oil and
Hammers secure first African partner
West Ham United FC / Posted 5 days ago
in Africa, following the signing of a long-term agreement with Capital Oil and Gas Ind. Ltd, the principal investor in Nigerian Professional Football League side, FC Ifeanyi Ubah. Capital Oil and Gas, a company of strategic national importance... Read more
2 related stories
5d
AllAfrica.com
Did Buhari Get It Wrong 31 Years Ago?and remits same to his folks back home. Owing to the fact that the Naira was s
Did Buhari Get It Wrong 31 Years Ago?
AllAfrica.com / Posted 5 days ago
and remits same to his folks back home. Owing to the fact that the Naira was stronger than the CFA franc, he migrated to Nigeria to work and earn income to be remitted home, but with the current devaluation of the Naira- less CFA franc is now... Read more
5d
AllAfrica.com
Govt Approves Four Oil Wells, 13 Percent Derivation for Lagosvisit to conclude its assignment". He added that the technical committee compr
Govt Approves Four Oil Wells, 13 Percent Derivation for Lagos
AllAfrica.com / Posted 5 days ago
visit to conclude its assignment". He added that the technical committee comprised representatives from the Department of Petroleum Resources (DPR), Office of the Surveyor General of the Federation and the National Boundary Commission (NBC) to... Read more
3 related stories
6d
AllAfrica.com
Oil Producing States - FG Okays 13 Percent Derivation Fund for Lagosof an Inter-Agency Technical Committee, comprising RMAFC, DPR, Office of the Su
Oil Producing States - FG Okays 13 Percent Derivation Fund for Lagos
AllAfrica.com / Posted 6 days ago
of an Inter-Agency Technical Committee, comprising RMAFC, DPR, Office of the Surveyor-General of the Federation and the National Boundary Commission, to determine the location of Aje Oil Wells. He explained that the committee's visit to Lagos... Read more
3 related stories
6d
AllAfrica.com
Lagos Begins Oil Production As Govt Approves Four Wellsgovernment will begin the disbursement of the 13 per cent derivation fund to th
Lagos Begins Oil Production As Govt Approves Four Wells
AllAfrica.com / Posted 6 days ago
government will begin the disbursement of the 13 per cent derivation fund to the state, in line with constitution of Nigeria. The chairman, Indices and Disbursement Committee, Revenue Mobilisation Allocation and Fiscal Commission (RMAFC),... Read more
3 related stories
6d
AllAfrica.com
Govt to Commence Disbursement of 13 Percent Derivation Fund to LagosThe Federal Government of Nigeria has set up a committee aimed at disbursing 13
Govt to Commence Disbursement of 13 Percent Derivation Fund to Lagos
AllAfrica.com / Posted 6 days ago
The Federal Government of Nigeria has set up a committee aimed at disbursing 13 per cent Derivation Fund to Lagos State, following the commencement of crude oil and gas exploration in the state. Aliyu Mohammed, Chairman of the Indices and... Read more
3 related stories
6d
AllAfrica.com
Abandoned Opportunities in Tongeji Oil Island!Tongeji Island is located in the Ipokia Local Council Area of Ogun State, South
Abandoned Opportunities in Tongeji Oil Island!
AllAfrica.com / Posted 6 days ago
Tongeji Island is located in the Ipokia Local Council Area of Ogun State, South-West Nigeria. An Island that is five minutes to Port Novo in Benin Republic by boat and 50 minutes to Badagry in Lagos is sure closer to the Republic of Benin than... Read more
7d
AllAfrica.com
Ghana Gas to Haul LPG By Marine TransportThe Ghana National Gas Company (Ghana Gas) has initiated a process to facilitat
Ghana Gas to Haul LPG By Marine Transport
AllAfrica.com / Posted 7 days ago
The Ghana National Gas Company (Ghana Gas) has initiated a process to facilitate the switch from the bulk road haulage of liquefied petroleum gas (LPG) to marine transport. Under the initiative, a vessel will shuttle between a Ghana Gas jetty to be... Read more
7d
AllAfrica.com
IMPAN Partners Nimex Petroleum On Importation of Petrolthe current high cost of foreign exchange does not plunge the country into fuel
IMPAN Partners Nimex Petroleum On Importation of Petrol
AllAfrica.com / Posted 7 days ago
the current high cost of foreign exchange does not plunge the country into fuel crisis, the Obasi Lawson-led Independent Petroleum Marketers Association of Nigeria (IPMAN) has entered into strategic partnership with NIMEX Petroleum Group to... Read more
7d
AllAfrica.com
NNPC, IOCs Undertake Audit of Nigeria's Joint Venture AssetsAbuja — The Nigerian National Petroleum Corporation (NNPC) said that it has com
NNPC, IOCs Undertake Audit of Nigeria's Joint Venture Assets
AllAfrica.com / Posted 7 days ago
Abuja — The Nigerian National Petroleum Corporation (NNPC) said that it has commenced the audit of Nigeria's joint venture (JV) assets in collaboration with the international oil companies (IOCs), with a view to determining the current real value of... Read more
8d
AllAfrica.com
Shell Sets New Record On Nigerian Content With Local Refurbishment of Subsea TreeShell Nigeria Exploration and Production Company (SNEPCo) achieved significant
Shell Sets New Record On Nigerian Content With Local Refurbishment of Subsea Tree
AllAfrica.com / Posted 8 days ago
Shell Nigeria Exploration and Production Company (SNEPCo) achieved significant savings in the cost of subsea equipment through an initiative which has seen the refurbishment of five Subsea Trees in-country led by Nigerian engineers, thus setting a... Read more
8d
AllAfrica.com
War Against Rampaging Pipeline Vandalsa flag hoisted to mark the land as theirs, they ran a pipeline vandalism and oi
War Against Rampaging Pipeline Vandals
AllAfrica.com / Posted 8 days ago
a flag hoisted to mark the land as theirs, they ran a pipeline vandalism and oil theft syndicate that denied the nation of petroleum products worth billions of naira. Given that these oil pipelines belonging to the Nigerian National Petroleum... Read more
12d
AllAfrica.com
Economy Bleeds As Blue Chips Lose N51.8 Billionweak consumer purchasing power, while earnings outlook for the second half of 2
Economy Bleeds As Blue Chips Lose N51.8 Billion
AllAfrica.com / Posted 12 days ago
weak consumer purchasing power, while earnings outlook for the second half of 2016 is dim. Indeed, companies like Nestlé Nigeria Plc, Nigerian Breweries Plc, Dangote Cement Plc, and Lafarge Africa, in the first half of the year, suffered combined... Read more
13d
AllAfrica.com
Pursue Policies to Spur Foreign Capital Inflows, FG Toldvigour. The government was also urged to consider selling assets which could i
Pursue Policies to Spur Foreign Capital Inflows, FG Told
AllAfrica.com / Posted 13 days ago
vigour. The government was also urged to consider selling assets which could include the privatisation of the Transmission Company of Nigeria, taking the Nigerian National Petroleum Corporation (NNPC) public by selling part of government's 100 per... Read more
13d
AllAfrica.com
Supremacy Battle Between Presidency, N'Assembly Stalls Legislation On PIBsupremacy led by the executive arm of government is the bane behind the current
Supremacy Battle Between Presidency, N'Assembly Stalls Legislation On PIB
AllAfrica.com / Posted 13 days ago
supremacy led by the executive arm of government is the bane behind the current stalemate on the legislation and passage of Petroleum Industry Bill (PIB) by the National Assembly, THISDAY has learnt. The National Assembly recently commenced... Read more
13d
AllAfrica.com
Nigeria Records Highest Drop in Output At OPECNigeria is fast losing its clout among global oil producers as the country reco
Nigeria Records Highest Drop in Output At OPEC
AllAfrica.com / Posted 13 days ago
Nigeria is fast losing its clout among global oil producers as the country recorded the highest drop in crude production in the Organisation of Petroleum Exporting Countries (OPEC) in July. OPEC, which accounts for at least 40 per cent of the global... Read more
13d
AllAfrica.com
Oil Search in Chad Basin - Matters Arisingthe public push for a drastic revving up of non-oil sectors of the economy, how
Oil Search in Chad Basin - Matters Arising
AllAfrica.com / Posted 13 days ago
the public push for a drastic revving up of non-oil sectors of the economy, how is the pursuit of oil in the north now our national priority? It is really curious that President Muhammadu Buhari actually ordered the NNPC to embark on this venture... Read more
13d
AllAfrica.com
How Bigwigs Formed Avengers Militant Groupleader, Government Ekpemupolo, alias Tompolo; his media consultant, Mr. Paul Be
How Bigwigs Formed Avengers Militant Group
AllAfrica.com / Posted 13 days ago
leader, Government Ekpemupolo, alias Tompolo; his media consultant, Mr. Paul Bebenimibo; former Director-General of Nigeria Maritime Administration Agency, NIMASA, Dr. Patrick Akpobolokemi; Niger Delta activist Annkio Briggs, among... Read more
15 related stories
13d
AllAfrica.com
Shell Suspends Gas Supplies to Nigeria LNGShell Petroleum Development Co has declared force majeure on gas supplies to th
Shell Suspends Gas Supplies to Nigeria LNG
AllAfrica.com / Posted 13 days ago
Shell Petroleum Development Co has declared force majeure on gas supplies to the Nigeria Liquefied Natural Gas (NLNG) export facility on Bonny Island, a spokesman said. "The Shell Petroleum Development Company of Nigeria Ltd (SPDC) declared force... Read more
13d
AllAfrica.com
20 Soldiers Face Trial for Murder, Arms SaleBy Francis Okoye and Jonathan Nda-Isaiah Twenty soldiers comprising four offic
20 Soldiers Face Trial for Murder, Arms Sale
AllAfrica.com / Posted 13 days ago
By Francis Okoye and Jonathan Nda-Isaiah Twenty soldiers comprising four officers and 16 other ranks of the Nigerian Army have been arraigned before a court-martial over allegations of murder, sale of military ammunition and other acts of... Read more
2 related stories
13d
AllAfrica.com
'Oil Money - Honey or Poison?'Correspondents for a workshop on reporting oil and gas. This was at the invitat
'Oil Money - Honey or Poison?'
AllAfrica.com / Posted 13 days ago
Correspondents for a workshop on reporting oil and gas. This was at the invitation of Kaduna Refining and Petrochemical Company (KRPC) which has made it an annual event it organises jointly with the Kaduna State chapter of the Nigerian Union of... Read more
14d
AllAfrica.com
NNPC Lists Obstacles to Nigeria's Reserve, Production TargetThe Nigerian National Petroleum Corporation has hinged the inability of the cou
NNPC Lists Obstacles to Nigeria's Reserve, Production Target
AllAfrica.com / Posted 14 days ago
The Nigerian National Petroleum Corporation has hinged the inability of the country to reach the Four million production and 40 billion reserve target on funding constraints, infrastructure vandalism, security concerns and a host of others. The... Read more
15d
AllAfrica.com
NNPC Considers Crude Importation From Chad, Niger Republic for Kaduna Refinerypart of the efforts to address frequent disruptions to the supply of crude oil
NNPC Considers Crude Importation From Chad, Niger Republic for Kaduna Refinery
AllAfrica.com / Posted 15 days ago
part of the efforts to address frequent disruptions to the supply of crude oil to the Kaduna Refinery and Petrochemical Company (KRPC) as a result of the Niger Delta militancy, the Nigerian National Petroleum Corporation (NNPC) is considering... Read more
15d
AllAfrica.com
Curbing Monopoly in Cooking Gas Marketthat the perennial hike in the price of cooking gas by some of the off-takers o
Curbing Monopoly in Cooking Gas Market
AllAfrica.com / Posted 15 days ago
that the perennial hike in the price of cooking gas by some of the off-takers of the product when their major supplier, Nigeria LNG Limited, has not increased the price is a threat to efforts to deepen the local consumption and ensure a safer... Read more
15d
AllAfrica.com
Reps, NNPC, DPR Begin Verification of Oil Blocks' OwnersAbuja — The House of Representatives and the Department of Petroleum Resources
Reps, NNPC, DPR Begin Verification of Oil Blocks' Owners
AllAfrica.com / Posted 15 days ago
Abuja — The House of Representatives and the Department of Petroleum Resources (DPR) have begun verification of authentic holders of oil blocks licenses in Nigeria, chairman of an adhoc committee set up for that purpose, Hon. Gideon Gwani has... Read more
15d
AllAfrica.com
NNPC Posts N27 Billion Deficit One Month After Reporting SurplusAbuja — The Nigerian National Petroleum Corporation (NNPC) has reported a defic
NNPC Posts N27 Billion Deficit One Month After Reporting Surplus
AllAfrica.com / Posted 15 days ago
Abuja — The Nigerian National Petroleum Corporation (NNPC) has reported a deficit of N26.51 billion from its operations in June, just one month after posting a record trading surplus of N274 million in May. The June 2016 monthly operations and... Read more
5 related stories
15d
AllAfrica.com
NNPC, Spain's Repsol to Negotiate Refining DealAbuja — The Nigeria National Petroleum Corporation (NNPC) and the Spanish natio
NNPC, Spain's Repsol to Negotiate Refining Deal
AllAfrica.com / Posted 15 days ago
Abuja — The Nigeria National Petroleum Corporation (NNPC) and the Spanish national oil company, REPSOL have indicated their willingness to enter into a petroleum refining deal. The NNPC through its Group General Manager Public Affairs, Mallam Garuba... Read more
15d
AllAfrica.com
NNPC Remits N56.96 Billion to Federation Account in JuneThe Nigerian National Petroleum Corporation (NNPC) has said it paid the N55.96
NNPC Remits N56.96 Billion to Federation Account in June
AllAfrica.com / Posted 15 days ago
The Nigerian National Petroleum Corporation (NNPC) has said it paid the N55.96 billion into the Federation Account in the month of June. This was contained in the corporation's monthly financial report for the month of June released in Abuja... Read more
5 related stories
16d
AllAfrica.com
Indorama Debunks Alleged Security, Economic SabotageThe management of Indorama Eleme Fertilizer & Chemicals (IEFCL) has debunked th
Indorama Debunks Alleged Security, Economic Sabotage
AllAfrica.com / Posted 16 days ago
The management of Indorama Eleme Fertilizer & Chemicals (IEFCL) has debunked the report that the company and another fertilizer firm are sabotaging the national economy and security through their export of fertilizers at the detriment of farmers in... Read more
5 related stories
16d
AllAfrica.com
Indorama - We're Not Sabotaging National SecurityEFCL) Ltd has refuted allegation by the National Security Adviser (NSA), Maj-Ge
Indorama - We're Not Sabotaging National Security
AllAfrica.com / Posted 16 days ago
EFCL) Ltd has refuted allegation by the National Security Adviser (NSA), Maj-Gen. Babagana Monguno (rtd) that the company and another fertiliser firm are sabotaging national economy and security through their export of fertilisers at the detriment of... Read more
5 related stories
19d
iafrica.com
7 arrested for giving militants explosivespicture uploaded on July 24, 2016 on the official Facebook page of the media ce
7 arrested for giving militants explosives
iafrica.com / Posted 19 days ago
picture uploaded on July 24, 2016 on the official Facebook page of the media centre of the forces of Libya's Government of National Accord's (GNA) military operation against the Islamic State group in Sirte shows items used to make weaponry in a... Read more
19d
The Times & The Sunday Times
Nigeria arrests 7 for supplying explosives to militantsNational Security Adviser Major-General Mohammed Monguno said on Thursday the e
Nigeria arrests 7 for supplying explosives to militants
The Times & The Sunday Times / Posted 19 days ago
National Security Adviser Major-General Mohammed Monguno said on Thursday the explosives were diverted from an explosives-distribution company in the Niger delta to the rebels. "A detailed audit of the records of explosives magazines and quarries in... Read more
19d
AllAfrica.com
Buhari Names Governing Council for Ogoni Cleanthe Minister of State for Environment; Kemi Adeosun, the Minister of Finance; a
Buhari Names Governing Council for Ogoni Clean
AllAfrica.com / Posted 19 days ago
the Minister of State for Environment; Kemi Adeosun, the Minister of Finance; and Ibe Kachikwu, Minister of State for Petroleum Resources/NNPC chairman are also members of the BoT. A renowned environmentalist, Nnimmo Bassey, is also a member... Read more
19d
AllAfrica.com
Cabinet 'Clears' Total E&P Oil Production LicensesCabinet has finally agreed to issue three petroleum production licenses to Tota
Cabinet 'Clears' Total E&P Oil Production Licenses
AllAfrica.com / Posted 19 days ago
Cabinet has finally agreed to issue three petroleum production licenses to Total Exploration and Production Uganda. A statement issued by Information and ICT minister Frank Tumwebaze says a cabinet meeting yesterday approved a request by Energy and... Read more
2 related stories
20d
AllAfrica.com
Libyan Sovereign Wealth Fund Case Offers Good Lessons for Ugandaif their internal governance and oversight are not strong enough. The Libyan I
Libyan Sovereign Wealth Fund Case Offers Good Lessons for Uganda
AllAfrica.com / Posted 20 days ago
if their internal governance and oversight are not strong enough. The Libyan Investment Authority (LIA) has taken two international banks to courtseeking to recover over $3.3 billion (11 trillion shillings) that the oil-producing country lost in... Read more
21d
AllAfrica.com
Lack of Funds May Hinder Ogoni Clean Upnot ready. The funds which will be used for the remediation is expected to be c
Lack of Funds May Hinder Ogoni Clean Up
AllAfrica.com / Posted 21 days ago
not ready. The funds which will be used for the remediation is expected to be contributed over the next five years by the Nigerian National Petroleum Corporation (NNPC) and its joint venture partners such as Shell Petroleum Development Company,... Read more
21d
Arkansas Democrat-Gazette
Business news in briefBank of the Ozarks the top-performing bank in the country in its asset category
Business news in brief
Arkansas Democrat-Gazette / Posted 21 days ago
Bank of the Ozarks the top-performing bank in the country in its asset category. It is the sixth consecutive year that a national organization has selected Bank of the Ozarks as the top bank in the country, including four-straight years of honors... Read more
22d
AllAfrica.com
Deregulation - Petrol Price Falls As Kerosene's RisesBy Ediri Ejoh and Iloaze Blessed-Odidi Deregulation of the downstream petroleu
Deregulation - Petrol Price Falls As Kerosene's Rises
AllAfrica.com / Posted 22 days ago
By Ediri Ejoh and Iloaze Blessed-Odidi Deregulation of the downstream petroleum sector appears to be affecting the petroleum products previously enjoying subsidy differently. While impact has been positive for premium motor spirit, PMS, also called... Read more
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