The coming on stream of the Dangote refinery may not offer Nigerians the much desired relief in the cost of premium motor spirit aka Petrol, Orient Energy Review has gathered.
Speaking on NTA "Good Morning Nigeria" on Monday, the…
...NNPC pays N5.4bn as subsidy in June
There are indications that Nigeria's petroleum pricing formula may have broken down as the Nigerian National Petroleum Corporation, (NNPC), said last Sunday it incurred N5.35 billion as under…
...oil revenues rose by more than a 100% between May and June
Nigerian National Petroleum Corporation (NNPC) have said that Nigeria's oil revenues rose by more than a 100% between May and June, despite the height of the…
The Nigerian National Petroleum Corporation (NNPC) has said that the tax revenue accruing to the federal government from Production Sharing Contracts (PSC) with international oil companies (IOCs) operating in the country fell by…
… also N234m donations to support COVID-19 response by states.
The Nigeria Liquefied National Gas (NLNG) Limited, has donated medical equipment to Edo and Adamawa states as part of its contribution to the N11.4 billion oil and gas…
The Nigerian National Petroleum Corporation (NNPC) has disclosed that it won’t sell its equity in oil assets because of low oil prices and general poor state of the industry.
Group Managing Director, NNPC, Mallam Mele Kyari, who…
Nigerian National Petroleum Corporation (NNPC), and First Exploration & Petroleum Development Company Limited (First E&P), have confirmed the entrance of the Abigail-Joseph Floating Production Storage and Offloading (FPSO) unit to…
Nigeria’s state oil firm NNPC has signed a $1.5 billion prepayment deal led by Standard Chartered (STAN.L) and backed by oil traders Vitol Group and Matrix Energy, two sources close to the matter said, the first such agreement since the…
The cutting-edge blood component extractor machine just donated to the Lagos State government by Shell Nigeria Exploration and Production Company has been described as a timely intervention to aid the recovery of novel coronavirus…
Nigeria is finally on the verge of unlocking huge economic benefits arising from its natural gas endowment as a leading indigenous EPC giant - OILSERV Limited commences work on the NNPC-sponsored Ajaokuta-Kaduna-Kano (AKK) Gas Pipeline…
…to have equal access to Forex with NNPC at CBN
It has been confirmed that the sole-importer status of Nigerian National Petroleum Corporation (NNPC) of petroleum productions into Nigeria has changed again. Private oil marketers have…
…flies scorecard, regrets that pandemic is holding up his mandate.
Nigeria’s Minister of state, Chief Timipreye Sylva has declared that the COVID-19 pandemic has brought so much devastation to the Nigerian economy.
The…
The Nigeria National Petroleum Corporation (NNPC) and the Central Bank of Nigeria (CBN) have agreed to fund the feeding and accommodation of Nigerian evacuees in Lagos and Abuja, as part of their Corporate Social Responsibility (CSR).
…
Transmission Company of Nigeria (TCN) said last night (Tuesday) that it is receiving unprecedented support from the management of the Nigerian National Petroleum Corporation (NNPC) in solving the issue of gas availability to thermal power…
The Nigerian National Petroleum Corporation (NNPC) has handed over medical equipment to the University of Abuja Teaching Hospitals in Gwagwalada, the Federal Capital Territory, as part of concerted efforts to combat the Corona Virus…
FOLLOWING the unveiling of its range of lubricants late last year, the NNPC Retail Ltd, one of the Downstream subsidiaries of the Nigerian National Petroleum Corporation, NNPC, has commenced the roll-out of its Nitro and Rhino range of…
The Nigerian National Petroleum Corporation (NNPC) and the Chevron Nigeria Limited (CNL) have executed agreements over the multi-billion dollars Escravos Gas-to-Liquid (EGTL) project.
Speaking at a sign-off meeting in Abuja, the Group…
...records 81% drop in pipeline vandalism
The Nigerian National Petroleum Corporation (NNPC) has announced a trading surplus of ₦13.23billion in October 2019, representing an increase of 54 per cent vis-à-vis the ₦8.59billion surplus…
The recent Escravos Gas-To-Liquid (EGTL) Project Settlement Agreements entered into by the Nigeria National Petroleum Corporation (NNPC) and Chevron Nigeria Limited (CNL), Operator of the NNPC/Chevron Joint Venture is expected to boost…
...As NNPC Records 45,347 Pipeline Breaks in 18 Years
Group managing director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has said the gradual reduction in incidences of pipeline vandalism and crude oil…
