Although the Federal Government has declared 2021 to 2030 a decade of gas, with the Central Bank of Nigeria (CBN) setting up a N250 billion fund to expand the usage of the product across the country...
The Nigerian National Petroleum Corporation (NNPC) recently pulled back from the brink of serial deficit turnover that has lasted four decades.
While still struggling to effectively utilise the current 206 trillion standard cubic feet (tcf) of natural gas reserves, standing at about 206 trillion standard cubic feet, Nigeria, yesterday, said gas reserves will increase to 230 trillion cubic feet by 2030.
In furtherance to the first and record N287 billion profit posted for 2020 since inception 44 years ago, the Nigerian National Petroleum Corporation (NNPC) has published the audited financial statements (AFS) on its official website.
Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari, has said the Federal Government will sustain subsidisation of Premium Motor Spirit (popularly known as petrol)...
In a development akin to a whiff of good fortune in a beleaguered entity, the Nigerian National Petroleum Corporation (NNPC) upturning a 44-year loss-making history with a novel N287b profit has rekindled hope and raised critical questions.....
Known for loss making in the past 44 years of its existence, the Nigerian National Petroleum Corporation (NNPC) has declared a N287 billion profit after tax (PAT).
The House of Representatives has commended the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari, on perspective on some issues surrounding the operations of the NNPC and the Oil Industry.
Despite boasting of a 206 trillion standard cubic feet of gas reserves and topping major countries, Nigeria's per capita consumption of gas is the lowest in the sub-Saharan African region, Ministers of State for Petroleum Resources, Timipre Sylvia has said.
The Nigerian Guild of Editors (NGE) has congratulated its former president, Garba Mohammed, on his appointment as the Group General Manager (Public Affairs) of the Nigerian National Petroleum Corporation (NNPC).
The Federal Government has embargoed implementation of the Petroleum Industry Act (PIA) till August 2022. President Muhammadu Buhari gave this hint when he inaugurated a steering committee to oversee...
A step towards redeeming the pledge by the Nigerian National Petroleum Corporation (NNPC) to intervene in the perennial electric power supply challenge in Maiduguri, Borno State, was taken on Tuesday with the execution of the Engineering...