NNPC restores Escravos-Lagos pipeline, resumes gas supply

NNPC restores Escravos-Lagos pipeline, resumes gas supply

The Escravos-Lagos Pipeline (ELP) which came down last week as a result of a fire incident has been restored and gas supply to customers on the line including power generating companies resumed. The Nigerian National Petroleum Corporation (NNPC) which disclosed...
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Baru: FG lost 148,533 million litres of PMS to diversion

Baru: FG lost 148,533 million litres of PMS to diversion

The Group Managing Director of Nigerian National Petroleum Corporation (NNPC), Maikanti Baru, on Thursday disclosed that the nation lost about 148,533000 million litres of fuel to diversion during the December fuel crisis in Nigeria.  Speaking at an investiga...
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Abuja motorists get more free fuel as NNPC, DPR, seal stations

Abuja motorists get more free fuel as NNPC, DPR, seal stations

Some motorists in Abuja on Wednesday got more free petrol as the Nigerian National Petroleum Corporation (NNPC) and the Department of Petroleum Resources (DPR) sealed more stations. The team had sealed the Khalif Civic Centre and Investment Limited at Kubwa,.....
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Sources fault Kachikwu’s alleged memo, clears Kyari

Sources fault Kachikwu’s alleged memo, clears Kyari

The alleged circulation of non-existent July 2017 memo, predicting the likely shortage of PMS by the Minister of State for Petroleum Resources, Dr. Ibe Kackiwu has been described as a  grand design to discredit and embarrass President Muhammadu Buhari and hi...
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NNPC releases 470 trucks of petrol to Lagos, Abuja

NNPC releases 470 trucks of petrol to Lagos, Abuja

 The Nigerian National Petroleum Corporation (NNPC) on Tuesday said it released 300 trucks of petrol to Lagos and 170 to Abuja, to stem long queues at filling stations. NNPC Spokesman, Ndu Ughamadu, announced the release in a statement in Abuja....
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NNPC adopts 24 hour depot, retail services

NNPC adopts 24 hour depot, retail services

The Nigerian National Petroleum Corporation (NNPC) has stated that its adoption of a 24-hour depot and retail services cleared the fuel queues in Abuja, Lagos and many states across the country.  NNPC Chief Operating Officer, Ventures and Chairman of the...
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NNPC to select core investor for Benue bio-fuel project

NNPC to select core investor for Benue bio-fuel project

The Nigerian National Petroleum Corporation (NNPC) says it has almost concluded discussion on the choice of a core investor for the proposed bio-fuel plant in Benue. The Group Managing Director of the corporation, Dr Maikanti Baru, said this in a...
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NNPC, Chevron sign $1.7b deal to increase crude, gas production

NNPC, Chevron sign $1.7b deal to increase crude, gas production

Nigerian National Petroleum Corporation (NNPC) and Chevron Nigeria Limited (CNL) have executed the final phase of an Alternative Financing Agreement to increase crude production by about 39,000 barrels per day. The agreement, signed in London, is also expected...
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Ondo to revive LNG firm, seeks partnership with NNPC, Chevron, Shell, others

Ondo to revive LNG firm, seeks partnership with NNPC, Chevron, Shell, others

To boost Ondo State’s economy, the State Governor, Rotimi Akeredolu has announced plans to revive moribund OK LNG, a state government-owned firm.   This was the high point of a meeting held in the office of the Chief of Staff to...
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Osinbajo: NNPC did not award $25b contracts

Osinbajo: NNPC did not award $25b contracts

The Nigerian National Petroleum Corporation (NNPC) did not award $25billion contracts, Vice President Yemi Osinbajo has declared.   A statement issued on Sunday by the Vice President Senior Special Assistant (SSA), media and publicity, Laolu Akande, explaine...
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Baru reiterates commitment to consolidate NNPC, trading company to efficiency, profitability

Baru reiterates commitment to consolidate NNPC, trading company to efficiency, profitability

 The Group Managing Director (GMD) of Nigeria National Petroleum Corporation (NNPC), Dr. Maikanti Baru has reaffirmed his commitment to consolidate the NNPC group, especially its trading arm for efficiency and profitability.    Since assuming duty, Dr. Baru...
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