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NIGERIAN NATIONAL PETROLEUM CORPORATION (NNPC)
The Train 7 project, which has been delayed for over 10 years, aims to increase the company’s production capacity from 22 metric tonnes per annum to about 30 MTPA, and will form part of the investment of over $10billion, including the upstream scope of the LNG value chain.
FRC has asked the senate to prevail on revenue generating agencies to go with the statutory requirement.
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari, has disclosed the impact the drone attack on Saudi Arabian refinery
The Group Managing Director of the NNPC, Mele Kyari has disclosed that the shutdown of the OML 25 more that 2 years ago has cost the country over $1.7bn
As at the end of 2018, Nigeria's total proven gas reserves were 202Trillion Cubic Feet (TCF), 37.26% of the total African deposits.
NNPC and CPDC have signed a $875.75 million deal for funding, technical services and alternative financing of the OML 65 operated by the Corporation.
FG spent N650.2 billion on petrol subsidy within a year –New report
Nigeria’s oil production may have suffered another setback in June 2019 as the NNPC posted 77% increase in oil pipeline vandalism.
Dangote Refinery, which has insured value estimated at $6.8 billion, is likely to be taken over by foreign insurers when it becomes operational.
NNPC has announced 15 companies as winners of its 2019/2020 Direct Sale of Crude Oil and Direct Purchase of Petroleum Products (DSDP) arrangement.
The NNPC and other 49 oil firms are owing the Niger Delta Development Commission (NDDC) a remittance of N1.2tn in the form of unpaid dues.
Dr. Thomas M. Asuquo John has been appointed as the Acting Alternate Chairman of NNPC's Governing Board. He will take over from Dr Ibe Kachukwu.