Gas production leaps as NNPC records 1,858 vandalised pipelines
A total of 230.35 billion cubic feet (Bcf) of natural gas was produced in the country in July this year, averaging a daily production of 7,678.17 million...
NNPC rules out hike in fuel price
The Nigerian National Petroleum Corporation (NNPC) yesterday dismissed plans to increase pump prices of petroleum products, especially Premium Motor Spirit (PMS), popularly known as petrol.
NNPC disowns supposed $3.8 billion subsidy fund
The Nigerian National Petroleum Corporation (NNPC) has denied having in its custody a $3.8 billion subsidy fund.The denial followed a resolution by the Senate on Tuesday to probe the operation of an alleged Fuel Subsidy Under-recovering Fund in the region of that sum and believed to be run by the corporation.
NNPC announces N18.12bn trade surplus
The Nigerian National Petroleum Corporation (NNPC) says it made a trade surplus of N18.12 billion in the month of May, higher than N17.16 billion in April 2018. The Corporation made the disclosure in a statement signed by its Spokesman, Mr Ndu Ughamadu in Abuja on Monday. He said details of the transactions was published in…
Regulators equivocate on kerosene importation, as scarcity worsens
Industry regulators, the Department of Petroleum Resources (DPR), and Petroleum Products Pricing Regulatory Agency (PPPRA), have deliberately withheld importation data for kerosene, as scarcity hits the market with price differentiation.
Regulators withhold data on kerosene importation as scarcity worsens
Industry regulators, the Department of Petroleum Resources (DPR), and Petroleum Products Pricing Regulatory Agency (PPPRA), have declined to produce importation data for kerosene as scarcity hits the market with price differentiation
NNPC allays fear of petrol scarcity
NNPC’s Group General Manager, Group Public Affairs Division, Ndu Ughamadu, in a statement yesterday in Abuja, said the corporation’s Group Managing Director, Maikanti Baru, and his management team were engaging the parties involved and the parties were close to resolving the issues.
NNPC explains drop in gas supply
The Nigerian National Petroleum Corporation (NNPC) has said that the drop in power generation could have been triggered by the continuous rejection of load by the distribution companies due to frequency management.
NNPC clarifies tariff issue on Ajaokuta-Kaduna-Kano gas pipeline project
Nigerian National Petroleum Corporation (NNPC) execution of the strategic Ajaokuta-Kaduna-Kano (AKK) gas pipeline project is progressing under the original concept of 100 per cent contractor financing model, an official said.
NNPC denies social media recruitment advert
The Nigerian National Petroleum Corporation (NNPC) says the recruitment advertisement by the corporation currently trending on social media is false.In a statement in Abuja on Sunday, the NNPC spokesman, Mr Ndu Ughamadu, said that the advertisement was intended to mislead innocent members of the public.