N1.5trillion accumulated losses of NNPC, a serious going-concern risk – PWC, SIAO Partners
The auditors of NNPC have raised doubts over the inability of the Corporation to continue as a going concern following rising and humongous losses.According to the recently published 2019 Audited Financial Statements, the Nigerian!-->!-->!-->…
Read More...
Read More...
NNPC GMD lauds Waltersmith on modular refinery project
-By Our ReporterThe Group Managing Director of Nigeria National Petroleum Corporation (NNPC), Mele Kyari has lauded Waltersmith Petroman Oil Limited for completing its 5,000 barrels per day (bpd) Modular Refinery projected located in!-->!-->!-->…
Read More...
Read More...
Nigeria’s natural gas base price inches up in new PIB
The domestic base price, the price at which Nigerian gas producers are to sell to Power Plants, will be $3.2 per Million British Thermal Units (MMBtu), beginning from January 1, 2021, if the Petroleum Industry Bill (PIB) is passed into law!-->…
Read More...
Read More...
Otedola Bridge Explosion: NNPC Commiserates with Victims, Lagos Govt
The Nigerian National Petroleum Corporation has commiserated with the Government and people of Lagos State and especially the victims over the unfortunate tanker explosion which occurred on the Otedola Bridge, in Lagos, in the early hours!-->…
Read More...
Read More...
339 companies bid for NNPC’s crude oil sales
The Nigerian National Petroleum Corporation (NNPC) has said it has received bids from 339 companies for the 2020/21 sales and purchase of the Nigerian crude oil grades.The Group Managing Director, NNPC, Mele Kyari, disclosed this at!-->!-->!-->…
Read More...
Read More...
NNPC Assures Steady Crude Supply To Waltersmith Modular Refinery
The Group Managing Director of Nigeria National Petroleum Corporation (NNPC), Mele Kyari has lauded Waltersmith Petroman Oil Limited for completing its 5,000 barrels per day (bpd) Modular Refinery projected located in Ibigwe, Imo State.
!-->!-->…
Read More...
Read More...
ANOH gas projects to produce 600MSCFD equivalent of 2.4GW of electricity – NNPC
As part of concerted efforts to ramp up gas-to-industries and gas-to-power in the country, the Nigerian National Petroleum Corporation (NNPC) has revealed that the Asa North-Ohaji South (ANOH) gas project, one of the largest green field!-->…
Read More...
Read More...
OPEC To Stabilise Oil Prices As Market Recovery Move At Snail Pace
The Organisation of Petroleum Exporting Countries, and its allies known as OPEC+ alliance have agreed to ensure oil prices do not plunge steeply again when it meets to set policy at the end of November.OPEC Secretary-General Mohammad!-->!-->!-->…
Read More...
Read More...
NNPC Disclaims Reports of Bribe to NANS, Funding of Vote-Buying in Ondo
…Considers Legal Redress against Saharareporters, NairalandThe Nigerian National Petroleum Corporation has refuted reports in a section of the media alleging that it paid bribe to the National Association of Nigerian Students (NANS)!-->!-->!-->…
Read More...
Read More...
Auto-gas: Nigeria Moves to Tap Environmental and Cost Benefits
The push for a switch from vehicles run on petrol and diesel to autogas and what consumers may wish to knowThe Federal Government earlier declared 2020 as the year of gas and has continued to introduce programmes to sway citizens to!-->!-->!-->…
Read More...
Read More...

