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Tag Archives: Nigerian National Petroleum Corporation (NNPC)

NNPC begins repairs at burnt Jetty, assures product availability

NNPC tankers

The Nigerian National Petroleum Corporation (NNPC) has commenced repairs on affected portions of its Apapa Jetty in Lagos, saying the inferno which claimed the lives of four will not disturb supplies of products across the nation while repairs lasted. A statement signed by its Group General Manager, Group Public Affairs Division, Ndu Ughamadu, said the fire was sparked by the ...

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Renewed vandalism forces down oil production from 2.2m to 1.3m, loss of N4.05tn

NNPC Maikanti Baru

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, has revealed that an average of 700,000bpd of crude oil was lost in 2016 due to pipeline sabotage, bringing Nigeria’s production down to as low as 1.3 million barrels per day from 2.2 million barrels targeted for the period under review. Computing the loss vide the ...

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NNPC, ExxonMobil in fresh deal to saturate gas market, boost crude output

ExxonMobil logo

Fresh lifeline is underway for increased crude oil production and availability of gas for power generation as the Nigerian National Petroleum Corporation (NNPC) and ExxonMobil upstream joint venture partner have closed a deal that will expand existing operational portfolio. Giving insights shortly after a meeting with top management cadre of ExxonMobil delegation, led by Senior Vice-President of the oil giant, ...

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Trucking gas to power plants, industries risk of the highest order on roads—Stakeholders

Ibe Kachikwu

Road and energy safety experts have started weighing the merits and demerits of the recently sealed deal between the Nigerian National Petroleum Corporation (NNPC) and some joint venture partners to commence the delivery of Liquefied Natural Gas (LNG) by trucks to power generation companies and industries. According to them, though the new is idea aimed at boosting capacity utilization amongst ...

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Lopsided appointments at NNPC another show of Igbo marginalization—Ohaneze

Ohaneze ASPMDA

Out of 55 top management positions, mainly general managers’ cadre, for which new appointments were made at the nation’s oil company, the Nigerian National Petroleum Corporation (NNPC), none of the appointees is from any of the South East states. This development has become an issue of massive outrage especially from the zone since the announcements were made. In a recent ...

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Fuel still N145 as NNPC claims products price crash over sustained supplies

nnpc truck near nnpc hqs

Whereas the Nigerian National Petroleum Corporation (NNPC), on Sunday, said it’s steady, strategic intervention in the supply and distribution of petroleum products, has led to significant price fall of products nationwide, checks by Business Hilights showed that prices of fuel and kerosene have remained constant but with steady supply. The corporation in a statement by Mr. Ndu Ughamadu, the Group ...

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NNPC’s brokered peace deal may end Shell facility occupation soon if…

Shell Logo

Barring any last minute twist, indications have emerged that the over two weeks occupation of Shell flow station in Rivers State by Belema Community members may end in days. The occupation started on August 11, 2017. This is coming from series of peace overtures brokered by the Nigerian National Petroleum Corporation (NNPC) between the protesting community and Shell authorities in ...

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Power still epileptic as NNPC claims raising gas supply by 123 %

gas tank

Even as power plants across the country continue to decry shortage of gas to power stations, the Nigerian National Petroleum Corporation (NNPC) on Tuesday announced that it had increased daily average natural gas supply to gas power plants by 123 per cent. Group General Manager, Group Public Affairs Division of the corporation, Mr. Ndu Ughamadu, in a statement in Abuja ...

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NNPC moves 55 top staff to reposition corporation

NNPC MD

On Tuesday, no fewer than 55 top management staff of the Nigerian National Petroleum Corporation (NNPC), were affected in a massive reshuffle ordered by Group managing director, Dr. Maikanti Baru. In his pre-announcement briefing, NNPC boss informed the staff that the new appointments would not only help to position the Corporation for the challenges ahead but would help fill the ...

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Crude oil scam mails: NNPC releases direct contacts of top officials

NNPC MD

Disturbed by the rate of victims and the rising confusion trailing the sudden rise in the activities of cyber criminals who send fake letters of crude oil allocations purported to have emanated from the Nigerian National Petroleum Corporation (NNPC) to unsuspecting Nigerians and dupe gullible ones who entered the trap, NNPC said it has made available the email contacts of ...

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