Nigeria National Petroleum Company

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2h
AllAfrica.com
Avengers Force Shell to Shut Down Nigeria's Major Crude Oil Export LineNigeria's crude oil production suffered fresh set back Monday as Trans Niger Pi
Avengers Force Shell to Shut Down Nigeria's Major Crude Oil Export Line
AllAfrica.com / Posted 2 hours ago
Nigeria's crude oil production suffered fresh set back Monday as Trans Niger Pipeline, (TNP), which exports about 180, 000 barrels of crude oil per day was shut down as a precautionary measure after a fire was seen on the "right of way" at Gio... Read more
16h
AllAfrica.com
'Only Operators With Deep Pockets and Competency Will Survive Deregulation'Dapo Abiodun is the Chief Executive Officer, Heyden Oil and Gas. Abiodun, who i
'Only Operators With Deep Pockets and Competency Will Survive Deregulation'
AllAfrica.com / Posted 16 hours ago
Dapo Abiodun is the Chief Executive Officer, Heyden Oil and Gas. Abiodun, who is also the Chairman, Depot and Petroleum Products Marketers Association (DAPPMA), shares with select journalists the need for further integration and investments in... Read more
17h
AllAfrica.com
This Gamble Is DangerousSenate's nine weeks' old vacation. The recommendations include urging the fede
This Gamble Is Dangerous
AllAfrica.com / Posted 17 hours ago
Senate's nine weeks' old vacation. The recommendations include urging the federal government to raise capital from sale of national assets; engage in meaningful dialogue with Niger Delta militants; inject money into the economy by releasing funds... Read more
19h
AllAfrica.com
I Had No Oil Well As Petroleum Minister - Maitama SuleThe first minister of Petroleum Resources in the first republic, elder statesma
I Had No Oil Well As Petroleum Minister - Maitama Sule
AllAfrica.com / Posted 19 hours ago
The first minister of Petroleum Resources in the first republic, elder statesman and permanent representative in the United Nation, Alhaji Yusuf Maitama Sule has said that he had no oil well even as the first minister of Petroleum Resources for seven... Read more
19h
AllAfrica.com
Vandalism of Public Assetsof public assets and property in this city is amazing and certain criminal acti
Vandalism of Public Assets
AllAfrica.com / Posted 19 hours ago
of public assets and property in this city is amazing and certain criminal activities, quite frankly, are just unique to us Nigerians," he said. We agree with the summation of both the former head of state and the FCT minister. From oil and gas... Read more
20h
AllAfrica.com
Heyden Petroleum Expands Downstream OperationsBy Chika Amanze-Nwachuku and Ugo Aliogo In line with its commitment to drive e
Heyden Petroleum Expands Downstream Operations
AllAfrica.com / Posted 20 hours ago
By Chika Amanze-Nwachuku and Ugo Aliogo In line with its commitment to drive excellence in the downstream sector of the Nigerian oil and gas industry, Heyden Petroleum Limited has acquired 40 new petrol stations, thus bringing the number of its... Read more
1d
AllAfrica.com
Researchers Criticise Tanzania's Local Content Policy for Gas, Oilstart enjoying benefits of the oil and gas subsector apart from getting jobs, i
Researchers Criticise Tanzania's Local Content Policy for Gas, Oil
AllAfrica.com / Posted yesterday
start enjoying benefits of the oil and gas subsector apart from getting jobs, increased power production and a rise in the national revenue. LCP was approved in 2014. The government and the private sector clashed about how locals would tap... Read more
3d
AllAfrica.com
House to Investigate U.s.$17 Billion Stolen From Undeclared Crude, Natural Gas Exportsexpressed dismayed that several agencies of the federal government were found l
House to Investigate U.s.$17 Billion Stolen From Undeclared Crude, Natural Gas Exports
AllAfrica.com / Posted 3 days ago
expressed dismayed that several agencies of the federal government were found liable and indicted in the report of the company, Molecular Power System (Nigeria) Limited, contracted to carryout the investigation. The report is titled: 'Recovery... Read more
4d
AllAfrica.com
NLC, Catholic Church, Csos Kick Against Sale of National AssetsBy Paul Obi, Peter Omale and Marvellous Okeke The Nigerian Labour Congress (NL
NLC, Catholic Church, Csos Kick Against Sale of National Assets
AllAfrica.com / Posted 4 days ago
By Paul Obi, Peter Omale and Marvellous Okeke The Nigerian Labour Congress (NLC), the Catholic Church and other Civil Society Organisations (CSOs) yesterday kicked against the move by the federal government to sell off national assets in an attempt... Read more
5d
AllAfrica.com
Senate Tables 14-Point Roadmap to Turn Around Economyfrom asset sales and other sources to shore up foreign reserves. - Consider tw
Senate Tables 14-Point Roadmap to Turn Around Economy
AllAfrica.com / Posted 5 days ago
from asset sales and other sources to shore up foreign reserves. - Consider tweaking the pension funds policy within international best practice safeguards to accommodate investment in infrastructure and mortgages. - The federal government and... Read more
6 related stories
5d
AllAfrica.com
Sell Refineries, Airports, Saraki Tells Govtto engage in dialogue with those aggrieved in the Niger Delta and avoid an esca
Sell Refineries, Airports, Saraki Tells Govt
AllAfrica.com / Posted 5 days ago
to engage in dialogue with those aggrieved in the Niger Delta and avoid an escalation of the conflict in the region. "The National Assembly is very ready to play any role in the process and offer ideas on approaches that will deliver quick win-win... Read more
6 related stories
5d
International Business Times
Niger Delta Greenland Justice Mandate: Violence continues with new group's Crocodile Tears OperationA new militant group seems to have emerged in the Niger Delta, an oil-rich area
Niger Delta Greenland Justice Mandate: Violence continues with new group's Crocodile Tears Operation
International Business Times / Posted 5 days ago
A new militant group seems to have emerged in the Niger Delta, an oil-rich area in southern Nigeria. The group, the Niger Delta Greenland Justice Mandate (NDGJM), started claiming responsibility for attacks on oil pipelines earlier in September. The... Read more
5d
AllAfrica.com
Nigeria Must Consider Oil Asset SalesSenate yesterday asked the federal government to stop the blame game and get th
Nigeria Must Consider Oil Asset Sales
AllAfrica.com / Posted 5 days ago
Senate yesterday asked the federal government to stop the blame game and get the nation's economy out of recession, saying Nigerians were hungry. It also urged the government to raise capital from asset sales to shore up the nation's foreign... Read more
6 related stories
6d
AllAfrica.com
Ignore Dangote, Saraki - Don't Sell NLNG, Buhari AdvisedThe Revenue Mobilization Allocation and Fiscal Commission, RMAFC, on Tuesday fr
Ignore Dangote, Saraki - Don't Sell NLNG, Buhari Advised
AllAfrica.com / Posted 6 days ago
The Revenue Mobilization Allocation and Fiscal Commission, RMAFC, on Tuesday frowned on proposals by some prominent Nigerians for the federal government to sell the multi-billion dollar Nigeria Liquefied Natural Gas Limited, NLNG, to raise funds to... Read more
6 related stories
7d
The Florida Times-Union
Rutherford, Bruderly and Koniz bios and questionnairesthe environmental soundness of the Corps’ plans for dredging. 7. What should b
Rutherford, Bruderly and Koniz bios and questionnaires
The Florida Times-Union / Posted 7 days ago
the environmental soundness of the Corps’ plans for dredging. 7. What should be done to improve mental health programs nationally? Do you support Rep. Tim Murphy’s legislation? Representative Murphy’s bill entitled the “Helping Families In... Read more
7d
AllAfrica.com
FG Targets $10 Billion Earnings From Sale of Oil AssetsThe governor of Central Bank of Nigeria, Godwin Emefiele, has disclosed that th
FG Targets $10 Billion Earnings From Sale of Oil Assets
AllAfrica.com / Posted 7 days ago
The governor of Central Bank of Nigeria, Godwin Emefiele, has disclosed that the country will soon commence the sale of about 15 per cent of its oil assets held by the Nigerian National Petroleum Corporation (NNPC), which is expected to yield an... Read more
7 related stories
10d
Canberra Times
Oil drops as Nigeria, Libya poised to add to global glutOil fell to a one-month low in New York on speculation that the resumption of s
Oil drops as Nigeria, Libya poised to add to global glut
Canberra Times / Posted 10 days ago
Oil fell to a one-month low in New York on speculation that the resumption of shipments from Libya and Nigeria may add to the global surplus. Futures dropped 2 per cent. Libya and Nigeria, whose supplies have been reduced by domestic conflicts, are... Read more
27 related stories
10d
Brisbane Times
Oil drops as Nigeria, Libya poised to add to global glutOil fell to a one-month low in New York on speculation that the resumption of s
Oil drops as Nigeria, Libya poised to add to global glut
Brisbane Times / Posted 10 days ago
Oil fell to a one-month low in New York on speculation that the resumption of shipments from Libya and Nigeria may add to the global surplus. Futures dropped 2 per cent. Libya and Nigeria, whose supplies have been reduced by domestic conflicts, are... Read more
27 related stories
10d
Sydney Morning Herald
Oil drops as Nigeria, Libya poised to add to global glutOil fell to a one-month low in New York on speculation that the resumption of s
Oil drops as Nigeria, Libya poised to add to global glut
Sydney Morning Herald / Posted 10 days ago
Oil fell to a one-month low in New York on speculation that the resumption of shipments from Libya and Nigeria may add to the global surplus. Futures dropped 2 per cent. Libya and Nigeria, whose supplies have been reduced by domestic conflicts, are... Read more
27 related stories
10d
The Age
Oil drops as Nigeria, Libya poised to add to global glutOil fell to a one-month low in New York on speculation that the resumption of s
Oil drops as Nigeria, Libya poised to add to global glut
The Age / Posted 10 days ago
Oil fell to a one-month low in New York on speculation that the resumption of shipments from Libya and Nigeria may add to the global surplus. Futures dropped 2 per cent. Libya and Nigeria, whose supplies have been reduced by domestic conflicts, are... Read more
27 related stories
11d
AllAfrica.com
Swiss Firms Selling Dirty Fuel to Nigeria - Groupaccused two Switzerland companies, Vitol and Trafigura of engaging in nefarious
Swiss Firms Selling Dirty Fuel to Nigeria - Group
AllAfrica.com / Posted 11 days ago
accused two Switzerland companies, Vitol and Trafigura of engaging in nefarious activities by importing dirty fuel into Nigeria. The group in conjunction with Public Eye, raised the alarm following the shipping of some toxic fuel commodities by... Read more
4 related stories
11d
Manchester Evening News
Who are the north west's biggest businesses 2016?secured its pole position in the Top 200 list of the north west’s best performi
Who are the north west's biggest businesses 2016?
Manchester Evening News / Posted 11 days ago
secured its pole position in the Top 200 list of the north west’s best performing companies. The privately-owned gambling company – headquartered in Warrington – saw turnover rocket by 10.2% in final results for the 12 months period to September... Read more
11d
AllAfrica.com
Refineries Flop After Gulping N264 BillionNigeria has spent N264 billion on maintenance of its four refineries since 1999
Refineries Flop After Gulping N264 Billion
AllAfrica.com / Posted 11 days ago
Nigeria has spent N264 billion on maintenance of its four refineries since 1999 when the country returned to democracy, Daily Trust investigation has shown. But this massive spending has not been able to put the refineries back on production line,... Read more
12d
AllAfrica.com
Militants Blow Up Another Oil PipelineNDGJM, in the early hours of yesterday, blew up the Afiesere-Iwhrenene major de
Militants Blow Up Another Oil Pipeline
AllAfrica.com / Posted 12 days ago
NDGJM, in the early hours of yesterday, blew up the Afiesere-Iwhrenene major delivery line to UPS/UQCC, operated by Nigerian Petroleum Development Company, NDPC/Shorelines Petroleum, in Ughelli North Local Government Area of Delta... Read more
13d
iol.co.za
Nigeria refuses petrol-price hikeShortly before the meeting former Nigerian National Petroleum Corporation (NNPC
Nigeria refuses petrol-price hike
iol.co.za / Posted 13 days ago
Shortly before the meeting former Nigerian National Petroleum Corporation (NNPC) bosses had said such an increase may be needed. A steep devaluation of the naira currency has made sales of petrol at government capped prices unprofitable, marketers... Read more
13d
AllAfrica.com
FG Loses U.S.$3 Billion to Attack On Forcados Pipelinegrade of crude oil to the 400,000 barrels per day Forcados Export Terminal, THI
FG Loses U.S.$3 Billion to Attack On Forcados Pipeline
AllAfrica.com / Posted 13 days ago
grade of crude oil to the 400,000 barrels per day Forcados Export Terminal, THISDAY's investigation has revealed. Shell Petroleum Development Company (SPDC) and other upstream companies operating in the western Niger Delta evacuate crude oil and... Read more
14d
AllAfrica.com
Petrol Price Hike -NNPC GMDs' Position Generates More ControversyAfrica Network for Environment and Economic Justice (ANEEJ), has accused the bo
Petrol Price Hike -NNPC GMDs' Position Generates More Controversy
AllAfrica.com / Posted 14 days ago
Africa Network for Environment and Economic Justice (ANEEJ), has accused the body of former Group Managing Directors of the Nigerian National Petroleum Corporation, NNPC, of pursuing a selfish agenda in calling for a hike in price of petrol. They... Read more
28 related stories
14d
AllAfrica.com
Shipping Industry Groans Under Debtnon-implementation of the Cabotage law, among other challenges, has impacted ne
Shipping Industry Groans Under Debt
AllAfrica.com / Posted 14 days ago
non-implementation of the Cabotage law, among other challenges, has impacted negatively on the fortunes of the majority of Nigerian ship owners, as their non-serviceable bank loans for ship purchases pilling up at Nigerian banks have risen to N5... Read more
14d
AllAfrica.com
Fuel Sales - NNPC, Tinubu, Adenuga, Otedola, Others Owe Nigerian Govt N86.4 BillionThe Nigerian National Petroleum Corporation (NNPC) subsidiary, NNPC Retail, alo
Fuel Sales - NNPC, Tinubu, Adenuga, Otedola, Others Owe Nigerian Govt N86.4 Billion
AllAfrica.com / Posted 14 days ago
The Nigerian National Petroleum Corporation (NNPC) subsidiary, NNPC Retail, along with 22 major and independent petroleum products marketing firms owed the federal government at least N86.4 billion by July 21, 2016, PREMIUM TIMES can report... Read more
15d
AllAfrica.com
When Former NNPC GMDs Met Over Oil IndustryRecently, former helmsmen of Nigerian National Petroleum Corporation, the state
When Former NNPC GMDs Met Over Oil Industry
AllAfrica.com / Posted 15 days ago
Recently, former helmsmen of Nigerian National Petroleum Corporation, the state oil firm, met with the Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, and incumbent head of the corporation, Dr. Maikanti Baru, in Abuja where their... Read more
28 related stories
15d
AllAfrica.com
National Assembly Fails to Account for N9 Billion - Audit ReportThe National Assembly management failed to account for a total expenditure of o
National Assembly Fails to Account for N9 Billion - Audit Report
AllAfrica.com / Posted 15 days ago
The National Assembly management failed to account for a total expenditure of over N9.4 billion in 2014, the latest audit report has revealed. The money included N9.39 billion for which no "documentary evidence" was provided and a N47 million to be... Read more
17d
AllAfrica.com
How Corruption Destroys the Nigerian Economyprojects and to pay off outstanding debts. But $1 billion of that amount cannot
How Corruption Destroys the Nigerian Economy
AllAfrica.com / Posted 17 days ago
projects and to pay off outstanding debts. But $1 billion of that amount cannot be accounted for. Recently, Samuel Ukura, Nigeria's auditor-general, reported that $16 billion in oil proceeds was missing from the Nigerian National Petroleum... Read more
18d
AllAfrica.com
Forte Oil - We Have No Contract With Detained Petrol VesselForte Oil Plc has clarified that it has no contract with a petrol vessel, which
Forte Oil - We Have No Contract With Detained Petrol Vessel
AllAfrica.com / Posted 18 days ago
Forte Oil Plc has clarified that it has no contract with a petrol vessel, which was detained by the Nigerian Customs Service (NCS) over alleged non-payment of relevant fees to the federal government. A vessel, 'MT Histria,' which brought in 25,435... Read more
19d
AllAfrica.com
Local Content and Global Standardsis generally referred to as the local content policy is the intention, good as
Local Content and Global Standards
AllAfrica.com / Posted 19 days ago
is generally referred to as the local content policy is the intention, good as it is, of government to empower Nigerians to participate as much as possible in the industry in order to reduce what is generally referred to as capital... Read more
19d
AllAfrica.com
Stocks Beat Inflation, Deliver Positive Returns to Investorsof the rising inflation on their investments, some stocks have given investors
Stocks Beat Inflation, Deliver Positive Returns to Investors
AllAfrica.com / Posted 19 days ago
of the rising inflation on their investments, some stocks have given investors positive returns at the stock market. The National Bureau of Statistics (NBS) last week released macroeconomic data for the month of July, showing an inflation rate of... Read more
19d
AllAfrica.com
U.S.$21 Billion Diaspora Remittance - the Odds Against Bankshave been enmeshed in controversies in recent times. A regulatory source had t
U.S.$21 Billion Diaspora Remittance - the Odds Against Banks
AllAfrica.com / Posted 19 days ago
have been enmeshed in controversies in recent times. A regulatory source had told The Guardian that the new rule on International Money Transfer Operators was necessitated to foil banks collaborations with illegal money transfer operators. Even... Read more
20d
Market Watch
Oil rallies as traders brace for supply dataamid skepticism over whether a formal deal would be forthcoming. Later this mo
Oil rallies as traders brace for supply data
Market Watch / Posted 20 days ago
amid skepticism over whether a formal deal would be forthcoming. Later this month, a meeting by the Organization of the Petroleum Exporting Countries is set to discuss a coordinated output agreement. But several members of the group, including... Read more
20d
Business Standard India
World's hottest oil market gets a jolt from Chinaof the private refiners as major buyers of crude and exporters of refined produ
World's hottest oil market gets a jolt from China
Business Standard India / Posted 20 days ago
of the private refiners as major buyers of crude and exporters of refined products represents the biggest change in international oil markets since the US shale revolution, according to Trafigura Group's Asia head. Their future will be a hot... Read more
20d
Zero Hedge
Global Oil Demand Set To Tumble As China Cracks Down On Teapot Refinersthe global oil market, and certainly the biggest wildcard for future oil prices
Global Oil Demand Set To Tumble As China Cracks Down On Teapot Refiners
Zero Hedge / Posted 20 days ago
the global oil market, and certainly the biggest wildcard for future oil prices, is the current state of China's Strategic Petroleum Reserve. As JPM reported , China's SPR demand was equivalent to approximately 1mm bpd. More importantly, stopping... Read more
20d
AllAfrica.com
Appeal Court Dismisses Oil Firms' Suit Against FIRSThe Court of Appeal sitting in Abuja has upheld a judgement quashing two arbitr
Appeal Court Dismisses Oil Firms' Suit Against FIRS
AllAfrica.com / Posted 20 days ago
The Court of Appeal sitting in Abuja has upheld a judgement quashing two arbitration awards worth $10 billion against the Nigerian National Petroleum Corporation (NNPC) in favour of Shell and three other oil companies. The appellate court declared... Read more
20d
AllAfrica.com
A Clear-Cut Job for Ugbo At NDPHCChiedu Ugbo was last week confirmed the substantive head of the Niger Delta Pow
A Clear-Cut Job for Ugbo At NDPHC
AllAfrica.com / Posted 20 days ago
Chiedu Ugbo was last week confirmed the substantive head of the Niger Delta Power Holding Company (NDPHC), a special purpose vehicle for the National Integrated Power Projects (NIPP). Chineme Okafor writes that the new MD and his team have a... Read more
20d
AllAfrica.com
NLNG's Cooking Gas Vessel Stranded as Customs Detains Petrol VesselA vessel laden with Liquefied Petroleum Gas (LPG), better known as cooking gas
NLNG's Cooking Gas Vessel Stranded as Customs Detains Petrol Vessel
AllAfrica.com / Posted 20 days ago
A vessel laden with Liquefied Petroleum Gas (LPG), better known as cooking gas brought into Lagos by the Nigeria LNG Limited from the Bonny Island plant of the company was stranded at Apapa Jetty in Lagos up till the weekend, due to lack of berthing... Read more
20d
AllAfrica.com
Former GMDs Want NNPC's Refineries Restructured, Run As IJVsAbuja — Former Group Managing Directors (GMDs) of the Nigerian National Petrole
Former GMDs Want NNPC's Refineries Restructured, Run As IJVs
AllAfrica.com / Posted 20 days ago
Abuja — Former Group Managing Directors (GMDs) of the Nigerian National Petroleum Corporation (NNPC) have suggested that the nation's four refineries located in Kaduna, Warri and Port Harcourt be reorganised and operated as Incorporated Joint Venture... Read more
28 related stories
21d
AllAfrica.com
Marginal Fields Contribute Less Than 4 Percent of Oil OutputOML, and the subsequent award of a total of 30 OMLs, marginal oil fields are ye
Marginal Fields Contribute Less Than 4 Percent of Oil Output
AllAfrica.com / Posted 21 days ago
OML, and the subsequent award of a total of 30 OMLs, marginal oil fields are yet to make any significant impact in the Nigerian oil and gas industry and are currently accounting for less than four per cent of the country's crude oil... Read more
21d
AllAfrica.com
Economic Downturn Takes Toll On Aviation IndustryThe economic downturn in Nigeria is threatening the operations of domestic airl
Economic Downturn Takes Toll On Aviation Industry
AllAfrica.com / Posted 21 days ago
The economic downturn in Nigeria is threatening the operations of domestic airlines as two of them have suspended scheduled service. Chinedu Eze x-rays the challenges facing the aviation industry There are four key factors threatening Nigeria's... Read more
21d
AllAfrica.com
DSS Arrests Boko Haram IED Specialist, Others in Kanoagencies in the country. "Audu had already perfected plans to seek for recruit
DSS Arrests Boko Haram IED Specialist, Others in Kano
AllAfrica.com / Posted 21 days ago
agencies in the country. "Audu had already perfected plans to seek for recruitment in the next recruitment scheme of the Nigerian Army, before his arrest," it revealed. It said that the Service on August 22, 2016, arrested a kidnap kingpin,... Read more
3 related stories
21d
AllAfrica.com
Marketers Ask FG to Remove Fuel Price Capdollar. The marketers expressed support over the decision reached at a gatheri
Marketers Ask FG to Remove Fuel Price Cap
AllAfrica.com / Posted 21 days ago
dollar. The marketers expressed support over the decision reached at a gathering of former Group Managing Directors of the Nigerian National Petroleum Corporation (NNPC) on the removal of the price cap on petrol in the country in Abuja on... Read more
28 related stories
21d
AllAfrica.com
DSS Smashes Kidnap Gangs, Nabs Boko Haram IED Specialistvillage in Cross River State. He said Asuquo was the mastermind of the kidnap
DSS Smashes Kidnap Gangs, Nabs Boko Haram IED Specialist
AllAfrica.com / Posted 21 days ago
village in Cross River State. He said Asuquo was the mastermind of the kidnap of three Australian staff of Lafarge Cement Company, for which his gang received a ransom of N150million. He added that on August 30, Bamaiyi Mustapha, Aminu Isa and... Read more
3 related stories
21d
AllAfrica.com
A Barrier to Africa Risingcountries - 44 out of 54 countries on the continent use offshore financial stru
A Barrier to Africa Rising
AllAfrica.com / Posted 21 days ago
countries - 44 out of 54 countries on the continent use offshore financial structures. According to Transparency International, in Liberia, seven out of ten people pay a bribe to access basic healthcare and education, and 75 million people in... Read more
24d
AllAfrica.com
How Govt Caused Economic Recession - Emir SanusiOil price drop pushes Nigeria into recession which has resulted in a fuel scarc
How Govt Caused Economic Recession - Emir Sanusi
AllAfrica.com / Posted 24 days ago
Oil price drop pushes Nigeria into recession which has resulted in a fuel scarcity (file photo). The Emir of Kano, Muhammadu Sanusi, on August 24, warned President Muhammadu Buhari to avoid repeating the mistakes made by former President Goodluck... Read more
32 related stories
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