NNPC – Page 10 – City Business News

July 24, 2019 No Responses

NNPC Seals $3.15b Financing For OML 13

The quest by the Nigerian National Petroleum Corporation (NNPC) to increase the nation’s crude oil reserves and daily oil production to 3million barrels per day has received a major boost with the signing of a $3.15bn Financing and Technical Services...

July 19, 2019 No Responses

FG To Supply 10% Of India Crude Demands

The Nigerian National Petroleum Corporation (NNPC) says it will continue to supply 10 per cent of India’s crude oil demand in the face of competing demand for the product from other countries. The Group Managing Director, Malam Mele Kyari, disclosed...

July 11, 2019 No Responses

NNPC Seeks Adequate Funding of Petroleum Sector

The Nigerian National Petroleum Corporation (NNPC) has urged the Senate to ensure adequate funding of the oil and gas sector to guarantee sustainable revenue flow from the sector. Group Managing Director of the NNPC Mallam Mele Kyari made the appeal...

July 8, 2019 No Responses

NNPC Inspects Drilling Operations In Kolmani

President Muhammadu Buhari is committed to growing Nigeria’s hydrocarbon reserves through the exploration of the various inland basins spread across the country, Group Managing Director of Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru has...

June 20, 2019 No Responses

NNPC To Resume Oil Search In Chad Basin

The Nigerian National Petroleum Corporation (NNPC) has restated its commitment to resume oil search in the Chad Basin as soon as it receive security clearance. Group Managing Director of the Corporation, Dr. Maikanti Baru, disclosed this today when the Governo...

June 19, 2019 No Responses

NNPC’s Technical Firm Declares N6.758b Profit

The National Engineering and Technical Company of Nigeria (NETCO), the engineering subsidiary of the Nigerian National Petroleum Corporation, on Tuesday posted a profit before tax of N6.75 billion for the year ended 31st December 2018 representing an increase ...

June 19, 2019 No Responses

Baru Decries Cross-Border Smuggling of Petroleum Products

Group Managing Director of the Corporation, Dr. Maikanti Baru, called on members of the Nigerian Union of Journalists to join the Corporation is naming and shaming cross-border smugglers of petroleum products. Dr. Baru, made the call when he played host....

May 20, 2019 No Responses

NNPC To Inaugurate Largest LPG Storage In Edo

The Nigerian National Petroleum Corporation says it will unveil the largest Liquefied Petroleum Gas also known as cooking gas and Propane Storage and dispensing facility in Oredo, Benin City, Edo State. The Corporation disclosed this in a statement by its...

May 6, 2019 No Responses

NNPC Remits N153.01b Into Federation Account In January

The Nigerian National Petroleum Corporation (NNPC) says it transferred N153.01 billion into the federation account in January. The corporation disclosed this in its Financial and Operations Report for the January released in Abuja on Sunday. “Within the peri...

May 3, 2019 No Responses

NNPC Boss Inaugurates AGPC Reconstituted Board, Targets 300mscf Of Gas Per Day

Seplat Petroleum Development Company Plc, a leading Nigerian indigenous oil and gas company listed on both the Nigeria Stock Exchange (NSE) and London Stock Exchange (LSE), has announced the inauguration of the reconstituted Board of Directors of ANOH Gas Proc...

April 29, 2019 No Responses

Baru Lauds Ikpea, Lee Engineering Boss

The Nigerian National Petroleum Corporation (NNPC) has pledged to sustain and enhance existing support for indigenous oil and gas companies in line with the spirit and letters of the Nigerian Content legislation which ultimately seeks to enthrone efficient and...

April 12, 2019 No Responses

NNPC Pledges Adequate Supply Of Petroleum Products During Easter

The Nigerian National Petroleum Corporation (NNPC) has assured the public of adequate supply of petroleum products during the Easter celebration. The Group Managing Director of the corporation, Maikanti Baru, gave the assurance on Thursday in Enugu at the ongo...

March 27, 2019 No Responses

Shell, UBA Seal $200m Contractor Support Fund

The Shell Petroleum Development Company of Nigeria Limited (SPDC) has upped its contractor support fund with $200 million in a latest effort to boost the financial capacity of vendors and suppliers in Nigeria’s oil and gas industry. This latest move...

March 1, 2019 No Responses

NNPC: Nigeria Controls $48b New Oil, Gas Projects In Africa

Nigeria is the destination for new projects in the oil and gas industry in Africa valued at over $48 billion, the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Maikanti Baru, has said. This is about 25 per...