NNPC

Petrol price may rise again as FG considers 21.3% freight increase

The Federal Government may again raise the pump price of petrol soon as it discusses 21.3 per cent increase in…

4 years ago

FG spends N1.1bn daily on fuel subsidy – Report

The latest increase in crude oil price at the global market has compelled the Federal Government to bring back fuel…

4 years ago

NNPC negotiates $1bn loan to revive Port Harcourt refinery

The Nigerian National Petroleum Corporation (NNPC) is set to raise $1 billion loan to refurbish its largest refining complex at…

4 years ago

China okays $2.6bn loan for Ajaokuta-Kaduna-Kano gas pipeline

China has approved $2.6bn loan for Nigeria’s Ajaokuta-Kaduna-Kano gas pipeline project. This was announced by the Federal Government announced on…

4 years ago

NNPC boss defends $21bn withdrawal from NLNG account

Nigeria National Petroleum Corporation (NNPC) has said the withdrawal of over $21 billion from the Nigeria Liquefied Natural Gas (NLNG)…

4 years ago

NNPC gets one week to review fuel price

The Nigerian National Petroleum Corporation (NNPC) has been given one week within which to consider a reversal of the pump…

4 years ago

NNPC says it’s no longer sensible to operate existing refineries

The Group Managing Director of the Nigerian National Petroleum Corporation, Mr Mele Kyari, has said the corporation deliberately shut down…

4 years ago

NNPC spends N81.4bn on refineries in eight months, refines zero crude

The Nigerian National Petroleum Corporation pumped a total of N81.41bn into the nation's refineries between January and August this year.…

4 years ago

Buhari doesn’t interfere in NNPC’s operations, says Kyari

President Muhammadu Buhari does not interfere in the operations of the Nigerian National Petroleum Corporation, Group Managing Director of the…

4 years ago

NNPC projects $1tn loss in global oil production by December

The Nigerian National Petroleum Corporation has estimated global losses from exploration and production activities due to slowing demand for crude…

4 years ago