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NIGERIAN NATIONAL PETROLEUM CORPORATION (NNPC)
Anthony Stimler, a former Glencore trader who pleaded guilty earlier this week to bribing for favourable NNPC contracts,...
Justice Taiwo Taiwo, in a judgment debt, said that failure to pay within the stipulated time would attract an accruable interest of 8% on the principal sum annually.
The NNPC has signed a deal with some of the world’s biggest oil companies that could unlock over $10 billion investment in an offshore oilfield.
There would be no increase in the ex-depot price of Premium Motor Spirit in the month of May 2021.
The NNPC boss stated that the actual market price should be between N211 and N234/litre.
NSIA signed pacts with the OCP of Morocco, the NNPC and some parties for the development of a $1.4 billion plant.
NNPC called on stakeholders in the oil and gas industry to support in reducing operations costs.
State-owned oil companies may face the risk of wasting billions in Oil and Gas investments .
The CBN is to make available the sum of N250 billion to fund Compressed Natural Gas infrastructure.
NNPC has stated that the increase in the pump price of petrol is inevitable.
NNPC, First Exploration and Petroleum Development Company commenced oil production from Anyala Field.
The swap deal with these companies supplies a huge portion of Nigeria’s petroleum products.