The Nigerian National Petroleum Corporation (NNPC) is set to adopt a new identity in coming months. Following the passage of the Petroleum Industry Bill (PIB) on...
Both chambers of the National Assembly on Thursday passed the Petroleum Industry Bill (PIB) after careful consideration of each of the clauses. Ripples Nigeria had reported...
The Senate has stated that the Director of the Nigerian National Petroleum Corporation (NNOC) Mele Kyari, will address the Senate on the Petroleum Industry Bill, 2021...
The Group Managing Director of Nigerian National Petroleum Corporation (NNPC) Mele Kyari, said the government corporation will borrow to fund its stake acquisition in Dangote Refinery....
Group Managing Director (GMD) of the Nigeria National Petroleum Corporation (NNPC) Mele Kyari, has stated that for the corporation to recover costs, Premium Motor Spirit (PMS)...
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari, said on Thursday the Federal Government spends between N140 billion to N150 billion...
The Nigerian National Petroleum Corporation (NNPC) says smuggling across the borders increased the daily consumption of Premium Motor Spirit (PMS) to 103 million litres per day...
The Federal government appears to be at a crossroads as Brent crude soared closer to $75 per barrel on Monday, June 21. According to data, the...
Justice Taiwo Taiwo of the Federal High Court, Abuja, on Monday, ordered the Mobil Producing Nigeria Unlimited and its joint venture partner, the Nigerian National Petroleum...
The Governors’ Forum of the Peoples Democratic Party (PDP) has condemned the Central Bank of Nigeria (CBN), Nigerian National Petroleum Corporation (NNPC) and other various government...
The National Petroleum Corporation (NNPC) has reportedly approached the African Export-Import Bank (Afreximbank) for financial support to acquire a stake in Dangote Refinery. NNPC is soliciting...
Dangote refinery is not the only refiner the Nigerian National Petroleum Corporation (NNPC) plans to acquire a minority stake in, as its incoming rival, BUA will...
A civil society group, the Centre for Anti-Corruption and Open Leadership (CACOL), has advocated for the probe of Minister of Justice and Attorney General of the...
The Nigerian National Petroleum Corporation (NNPC) said it is in talks with Dangote Group in order to acquire a stake in the company’s refinery, which will...
The Nigerian National Petroleum Corp. (NNPC) has signed an agreement with its partners on OML 118, home of the Bonga field for deepwater operations. The deal...
The Nigerian National Petroleum Corporation (NNPC) on Friday invited bids from interested companies for the operation and maintenance of its three refineries. The three refineries are...
On Wednesday morning, Oil prices increased to the highest level for over a month propelled by the news of economic and oil demand rebound in the...
The Nigerian National Petroleum Corporation on Friday said that it would continue to meet its financial obligations to the Federation. Dr. Kennie Obateru, Group General Manager,...
Human rights lawyer, Femi Falana has urged the Federal Government to ensure due diligence regarding an inquest into the Nigerian National Petroleum Corporation (NNPC) over unremitted...
The Nigerian National Petroleum Corporation (NNPC) has revealed that it will not be able to meet its monthly mandate regarding remittance to the Federation Accounts Allocation...
The Nigerian National Petroleum Corporation (NNPC) has revealed that a total of N101.69 billion was spent on overhead expenses from January to December last year. The...
President Muhammadu Buhari has approved the restoration of Oil Mining Leases (OML) 123, 124, 126, and 137 to the Nigeria National Petroleum Corporation (NNPC) which is...
The Nigerian National Petroleum Corporation (NNPC) says there will be no increase in pump price of petrol in the country in May. The NNPC said this...
The Nigerian National Petroleum Corporation has disclosed that the consumption of Premium Motor Spirit (PMS), across Nigeria reduced by about 814 million litres within one month....
The continuous face off between Nigeria National Petroleum Corporation (NNPC), oil companies and host communities came at a huge cost for Nigeria’s oil revenue in 2020....
The Nigerian National Petroleum Corporation (NNPC), in collaboration with other stakeholders, has revealed the imminent construction of a gas power plant in Maiduguri to address the...
The Nigerian National Petroleum Corporation (NNPC) on Thursday,revealed its plans to resume active oil exploration in the Sokoto Basin area. This was contained in a statement...
Nigeria’s national oil company, the Nigerian National Petroleum Corporation (NNPC), has several subsidiaries, two partly owned subsidiaries and 16 associated companies. Among these subsidiaries are Duke...
The Nigerian National Petroleum Corporation (NNPC) has signed an Engineering, Procurement & Construction (EPC) contract with Tecnimont SpA. The deal is for the rehabilitation of Port...
The Senate Committee on Public Accounts on Sunday, March 28, issued another summons to the management of Nigerian National Petroleum Corporation (NNPC) for clarification of its...
The Founder of Stanbic IBTC, Atedo Peterside, has faulted the Nigerian National Petroleum Corporation (NNPC)’s insistence on the rehabilitation of the Port Harcourt refinery with $1.5...
The Nigerian National Petroleum Corporation (NNPC) says it recorded 18 percent increase in pipeline vandalism across the country in December. This is contained in the 53rd...
The Nigerian National Petroleum Corporation (NNPC) has revealed that it will maintain the current ex-depot price of Premium Motor Spirit, also known as petrol, until the...
The Nigerian National Petroleum Corporation (NNPC) recorded ₦24.19billion trading surplus in December 2020. The figure, according the Corporation’s Monthly Financial and Operation Report for December 2020...
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Melee Kyari, said on Thursday the corporation pays N120 billion monthly to subsidise Premium Motor...
Nigeria’s downstream petroleum sector price regulator, the Petroleum Products Pricing Regulatory Agency (PPPRA) has revealed that Nigeria’s domestic stock of petrol has dropped by 5.45 percent....
Nigerian National Petroleum Corporation (NNPC) said on Monday the condition given by Afreximbank for $1 billion loan will ensure the Port Harcourt refinery remains operational for...
The National Petroleum Investment Management Services, (NAPIMS), a subsidiary of the Nigerian National Petroleum Corporation, (NNPC) has disclosed it incurred N126.17 billion expenses in January. Out...
The House of Representatives, on Sunday, March 14, issued an ultimatum to the Nigerian National Petroleum Corporation (NNPC) and its subsidiaries for an appearance before the...
The Nigerian National Petroleum Corporation (NNPC) has insisted that there will be no increase in the price of petrol in the country in March. In a...
The House of Representatives Committee on Public Accounts on Tuesday disagreed with the Nigeria National Petroleum Corporation (NNPC) on the interpretation of the corporation’s Act. The...
The Nigerian National Petroleum Corporation (NNPC) has assured Nigerians that there is no plan to increase price of Premium Motor Spirit (PMS) otherwise called petrol in...
The House of Representatives Committee on Public Accounts has reiterated its pledge to ensure comprehensive investigations into the alleged withdrawal of N1.3tn by the Nigeria National...
Justice Ahmed Ramat Mohammed of the Federal High Court, Abuja has adjourned till March 10, 2021 for continuation of cross examination in the ongoing trial of...
The House of Representatives has extended an invitation to the Group Managing Director, Nigerian National Petroleum Corporation, Mele Kyari, to appear before it on Thursday, February...
The Presidency, last week, ran out of patience with non-adherence to the recently signed Executive Order that makes the observance of COVID-19 protocols mandatory. President Muhammadu...
The Nigerian National Petroleum Corporation (NNPC) recorded a trading surplus of N13.43billion in November last year. The figure was a 54 percent increase from N8.71billion surplus...
Over N6.589 trillion was received by eight oil-producing states from the Federation Account under the 13 percent derivation principle, between 2009 and 2019 according to a...
Nigeria’s three refineries under the management of the Nigerian National Petroleum Corporation (NNPC) have not made any profit or produce a drop of fuel since October...
Nigerian National Petroleum Corporation, NNPC, through its subsidiary, the Pipeline and Product Marketing Company, PPMC, has disclosed that Nigerians consumed 1.22 billion litres of petrol in...