NNPC to pay BCE $22.6 million over failed contract
NNPC has been ordered by the Supreme Court to pay BCE Consulting the sum of $22.6 million as damages over a failed Consultancy Service Contract.
Tag: Nigerian National Petroleum Corporation
Senate urges FG to diversify from crude oil to natural gas production
A senator stated yesterday during plenary that according to NNPC, Nigeria lost N197 billion in revenue to gas flaring last ...
Oil: International oil companies scale down on Nigeria operations
Chevron is looking to sell-off a number of its oil assets in the country as the company wants to focus ...
How NNPC saved $3 billion from arbitration
The Group Managing Director of the corporation, Mele Kyari disclosed that NNPC retained the sum of $3 billion from court ...
Nigeria to leverage on condensate refineries to be petrol net exporter
The NNPC has disclosed that it’s in the process of establishing two new 200,000 barrels-per-day condensate refineries.
Saudi Aramco, NNPC to collaborate to revamp dilapidated Nigerian refineries
The Nigerian National Petroleum Corporation (NNPC) is expected to work with Saudi Aramco to rejig the refineries
NNPC restates commitment to drive positive change
The Nigerian National Petroleum Corporation (NNPC) has promised to be a beacon of hope and creativity in Africa's Oil and gas landscape.
UPDATE: NNPC is set to work with Russia’s Lukoil
The NNPC has signed MoU with Russia’s Lukoil, which happens to be one of Russia’s largest energy companies.
NNPC seeks Russian firms’ partnership to revamp oil refineries
The NNPC has met with some Russian firms, including a state company and private entities to help bring the refineries ...
FG pays N326.43 billion as petrol subsidy in four months
According to the latest Nigerian National Petroleum Corporation (NNPC) performance report, the amount paid on subsidizing Premium Motor Spirit (PMS) increased by ...
