NNPC promises abundant fuel supply nationwide
Threat by oil marketers to shut down depots over unpaid subsidy may not cause scarcity of petrol as the Nigerian Petroleum Corporation...
NNPC saved $30m in insurance premiums, says Baru
The Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Dr Maikanti Baru, yesterday said his organisation had saved $30 million in insurance premiums in the last three years.
NNPC, Chevron tie investments in oil sector to fiscal regime
The Nigerian National Petroleum Corporation (NNPC), and oil major, Chevron Nigeria Limited (CNL), have identified appropriate fiscal regimes and regulatory framework as critical elements that will attract the needed investments into the sector.
Nigeria to raise oil, condensate outputs in 2019
Nigeria is to increase its daily oil production to 1.8 million in 2019. It would also raise its condensate output by 0.5 million bpd during the period.
NNPC eyes over 14% control of downstream retail market
The Nigerian National Petroleum Corporation says it is set to go beyond the 14 per cent local market share it currently holds in the country’s downstream retail business.
NNPC allays fear of petrol scarcity during festive season
The Nigerian National Petroleum Corporation (NNPC) has assured motorists and other consumers of availability of petroleum products during the festive period.
Kachikwu, Baru advocate gas economy for Nigeria
Dr Maikanti Baru, Group Managing Director, Nigerian National Petroleum Corporate (NNPC) and Minister of State for Petroleum Resources, Dr Ibe Kachikwu...
NNPC cautions motorists against panic buying as Labour begins warning strike
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Maikanti Baru, yesterday urged motorists and other consumers of petroleum products across the country not to engage in panic buying of products over the Nigeria Labour Congress (NLC) planned industrial action. “Government is seriously engaging the NLC on the issues it raised,” a release…
Oil majors expect first ruling in Nigeria’s $1.3b oilfield scandal
International oil companies, Shell and Eni, are carefully monitoring a first ruling this week by a Milan judge in one of the energy industry’s biggest...