FG, IOCs Raise Crude Supply to Dangote Refinery, Others by 103% in 4 Months
The federal government, represented by the Nigerian National Petroleum Company Limited (NNPC) and International Oil Companies (IOCs) in Nigeria increased…
Tag: NNPC
FAAC Reconciliation: NNPC, Consultants Fail to Agree on $42.3bn Under-remittance to Federation
Nigeria’s long-running effort to reconcile oil revenues due to the Federation Account has hit another obstacle after Nigerian National Petroleum…
NNPC Announces N60.5tn Revenue, N14.7tn Federation Remittance, N5.76 Trillion Profit
The Nigerian National Petroleum Company Limited (NNPC Ltd) has announced that it recorded a total revenue of N60.517 trillion in…
NNPC Reiterates 2m bpd Target by 2027, $60bn in Fresh Investment by 2030
The Nigerian National Petroleum Company Limited (NNPC) yesterday reiterated its commitment to a 2 million Barrels Per Day (bpd) oil…
NNPC Rakes in N478.2bn in Frontier Funds, Management Fees in Seven Months
The Nigerian National Petroleum Company Limited (NNPC Limited) recorded a significant inflow of N478.2 billion from its 30 per cent…
NNPC, Gas Suppliers Sign 1.29bscf/d Feedgas Supply Deals with NLNG
*Lokpobiri: FG wooing global oil firms with new incentives *American firm eyes investment in OML 145 The Nigerian National…
NNPC Exits Buhari-era Road Tax Credit Scheme after Paying $577m, N822bn in 16 Months
*FG shops for N3tn to fill funding gap *NNPC to focus on core business functions The Nigerian National Petroleum Company…
After 3 Deferments, $2.8bn AKK Pipeline Set for Mechanical Completion in November
After at least three postponements, the 614-kilometre Ajaokuta-Kaduna-Kano (AKK) valued at about $2.8 billion, has hit 86.05 per cent completion,…
NNPC Recorded N905bn Profit in June, Federation Remittances Hit N6.96tn in 5 Months
The Nigerian National Petroleum Company Limited (NNPC) yesterday announced a Profit After Tax (PAT) of N905 billion for its June…
In First Move Toward Openness, Ojulari-led NNPC Releases Company’s Operational Data for April
n what appears to be a renewed move at transparent operations, the Nigerian National Petroleum Company Limited (NNPC) yesterday released…