Tag Archive

NNPC Advises Petroleum Products Consumers Against Panic Buying

NNPC Advises Petroleum Products Consumers Against Panic Buying

December 12, 2018 No Comments

The Nigerian National Petroleum Corporation (NNPC) has assured petroleum products consumers across the country not to engage in panic buying as it holds 2.6billion litres of Premium Motor Spirit otherwise called petrol and 90,000 metric tonnes of Dual Purpose Kerosene (Kerosene), saying the holding is expected to last 52 days, assuming no single drop of […]

Nigeria’s NNPC News Bite

Nigeria’s NNPC News Bite

December 6, 2018 No Comments

NNPC Seeks Investors to Unlock 10 billion Barrels Deep-Water Resources Ongoing drive by the Nigerian National Petroleum Corporation (NNPC) to increase Nigeria’s crude oil reserve was taken a notch higher yesterday with the unveiling of multi-billion dollar investment opportunities in the nation’s deep-offshore frontiers at the 10th World Energy Capital Assembly in London, United Kingdom. […]

Nigerian to Grow  Content to 70% by 2027

Nigerian to Grow Content to 70% by 2027

December 6, 2018 No Comments

The Nigerian National Petroleum Corporation (NNPC) and the Nigerian Content Development and Monitoring Board (NCDMB) have committed to growing Local Content in the Oil and Gas Industry from the current 40 per cent to 70 per cent by 2027 as part of strategies to sustain economic development in country. NNPC Group Managing Director, Dr. Maikanti […]

NNPC Declares itself Most Transparent Government Organization

NNPC Declares itself Most Transparent Government Organization

November 30, 2018 No Comments

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, has described the national oil company as the most open and transparent government-owned corporate entity due to its demonstrable commitment to the ideals of probity and accountability in all its operations. Speaking at the public opening of bids for Insurers and […]

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NNPC Reports Natural Gas Production Up by 8 Per cent

NNPC Reports Natural Gas Production Up by 8 Per cent

November 5, 2018 No Comments

A total of 230.35Billion Cubic Feet (BCF) of natural gas was produced in the country in July 2018, averaging a daily production of 7,678.17Million Standard Cubic Feet (mmscfd), NNPC Monthly Financial and Operations report for July 2018 has stated. The sum represents 8.81 per cent increase compared to the previous month of June 2018. The […]

NNPC, BP Sign PMS Supply Agreement

NNPC, BP Sign PMS Supply Agreement

November 2, 2018 No Comments

As part of measures to sustain the robust supply of petroleum products across the country and especially going into the Yuletide period and beyond, the Nigerian National Petroleum Corporation (NNPC) has signed a six-month Direct Sale-Direct Purchase (DSDP) agreement with the British Petroleum’s (BP) trading arm, BP Oil International Ltd, for the supply of Premium […]

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NNPC Charges Petroleum Explorationists to Find More Oil

NNPC Charges Petroleum Explorationists to Find More Oil

November 1, 2018 No Comments

The Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikati Baru, has charged members of the Nigerian Association of Petroleum Explorationists (NAPE) to deploy their wealth of knowledge and experience to find more crude oil to meet the 40million barrels reserves target. Dr. Baru gave this charge yesterday when the leadership […]

Russia , UAE Partner NNPC for Oil, Gas Development

Russia , UAE Partner NNPC for Oil, Gas Development

October 30, 2018 No Comments

The Russian Federation and the United Arab Emirates have expressed their readiness to expand their scope of partnership with the Nigerian National Petroleum Corporation (NNPC) in the upstream, midstream, downstream and services sectors to further boost their various economies. Speaking after a working visit to the Group Managing Director of the NNPC, Dr. Maikanti Baru, […]

NPDC Achieves 100% Local Content Input

NPDC Achieves 100% Local Content Input

October 26, 2018 No Comments

The Nigerian Petroleum Development Company (NPDC), an Upstream Subsidiary of the Nigerian National Petroleum Corporation (NNPC), has achieved a 100 per cent local content input in the development of Oredo Integrated Gas Handling Facility. NNPC Group Managing Director, Dr. Maikanti Baru, declared this Wednesday during a tour of the NPDC’s Oredo Flow Station, Oredo Gas-to-Pan-Ocean […]

NNPC reports Oil and Gas Export Sales Up 35% to $416m

NNPC reports Oil and Gas Export Sales Up 35% to $416m

October 5, 2018 No Comments

The Nigerian National Petroleum Corporation (NNPC) has announced a total crude oil and gas export sales of $416.07 million in June, 2018 which is 35.78 per cent higher than the previous month. Details of the figures contained in the June 2018 edition of the Monthly NNPC Financial and Operations Reports, released today also indicated that […]

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