Tag
NNPC
A resolution was reached for the NNPC to supply Jet A1 to marketers nominated by airline operators for 3 months and at a fixed price of N480 per litre.
The Federal University of Petroleum Resources Effurun (FUPRE) commissioned a multi-purpose 100-seater ICT Centre.
NEITI has revealed that four Federal Government agencies earned N28.02 trillion between 2017 and 2019.
The Minister of State for Petroleum Resources has said that NNPC has kicked off steps for the implementation of the PIA.
NNPC garnered the funds from the sale of Natural Gas Liquids/Liquefied Petroleum Gas, as well as Nigeria Liquefied Natural Gas feedstock.
The NNPC chief has stated that there is a need to set up special courts to try and prosecute crude oil thieves and pipeline vandals.
A total of 116.46 million litres of Premium Motor Spirit (PMS) popularly known as petrol, worth N18.88 billion was stolen in Nigeria in 2021.
Licence to import fuel would mean Nigerian airlines would have to start adopting a practice used by international airlines - Hedging.
The Nigerian National Petroleum Corp Ltd has warned that it has not reviewed ex-coastal, ex-depot and NNPC Retail prices.
Austin Avuru, founding MD/CEO of Seplat Energy has warned that Nigeria’s oil production has reached an emergency critical status.
In 3 days, representatives from MOMAM, DAPPMA and the Airline Operators of Nigeria will sit down and agree on a transparent basis of pricing.
The NNPC has listed the opportunities from the Ajaokuta-Kaduna-Kano Natural Gas Pipeline Project presently at 73.3% completion stage.