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Tag Archives: NNPC

Lost 25 million barrels of crude in March not linked to vandalism—NNPC

NNPC MD

Contrary to trending news that loss in crude oil in the month of March were from oil installations vandalism, intelligence secured from credible sources at the Nigerian National Petroleum Corporation ...

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Osinbajo clears air on rumours of further rise in pump price, deregulation

Osinbajo signs

Acting President Yemi Osinbajo has apparently put to rest, rising speculations and mainly certain body language coming from the NNPC on further deregulation of the downstream sector, saying the Federal ...

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Confusion as NEITI insists no evidence of remitting $15.8bn NLNG dividend by NNPC

NEITI NNPC

Contrary to claims by the Nigerian National Petroleum Corporation (NNPC) that it has completed the remittance of $15.8bn dividend payment from Nigeria Liquefied Natural Gas (NLNG), the industry accounting watchdog, ...

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Vandalism in N/Delta forces NNPC to post N34bn loss in Q1, only PH refinery made profit

NNPC Headquarters.

Added to losses recorded in gas production and supplies within the period, latest report on the financial performance of the Nigerian National Petroleum Corporation (NNPC) in first quarter was in ...

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Confusion as NLNG refute NEITI report, says no outstanding dividend to FG

NLNG

Contrary to the earlier intelligence of the Nigerian Extractive Industries Transparency Initiative (NEITI) to the House of Representatives to probe the alleged loss of 15.9 billion dollars dividend accruing to ...

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Nigeria loses 27.3mb in Feb valued at N417 billion to production disruption

NNPC Headquarters.

A new report released by the Minister of State for Petroleum, Dr. Ibe Kachukwu has shown that the industry lost an accumulated 27.3 million barrels in the month of February ...

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More confusion trial FG’s claims on progress of work on $1 billion Ogoni cleanup

Ogoni cleanup

The Nigerian Senate has joined the league of bodies trailing recent discovery that work may not have started on the publicized resumption of cleanup activities at polluted sites in Ogoniland, ...

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Sponsored Post: WED 2017: How Chevron is connecting people to nature in Nigeria

Chevron CMD

Today, June 5, is World Environment Day (WED). Its the biggest event to celebrate and promote environmental awareness and sustainability across the globe. Established by the United Nations (UN) General ...

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FG’s policy inconsistency may kill modular refinery initiative in N/Delta

Ibe Kachikwu

More details are still emerging on the reason why hostilities may reverberate in the currently stable oil rich Niger Delta as it is becoming clear that President Muhammadu Buhari may ...

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Boost for foreign reserve as Indonesia, more countries place order for Nigerian crude

NNPC Headquarters.

Chances of early exit from recession are getting brighter following news or more orders for Nigerian crude oil by new markets including Indonesia and others from Asian tigers. This week, ...

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