Home / Tag Archives: NNPC (page 7)

Tag Archives: NNPC

How reforms aided NNPC to recover $202m from crude swap under-deliveries


The positive effects of ongoing reforms at the Nigerian National Petroleum Corporation (NNPC) have created a window for the recovery of $202 million outstanding obligations from AITEO Company. General Manager, ...

Read More »

NNPC mulls generation of 4000mw to national grid in next 10 years


The Nigerian National Petroleum Corporation (NNPC) has concluded plans to venture into power production, a programme that will mature between now and next 10 years. In a statement, the Corporation’s ...

Read More »

Reps warn NPA on delays of wet cargoes, invites Total to explain missing of 35,000mts

Yakubu Dogara

Just as the House of Representatives has warned the Nigerian Ports Authority (NPA) limit observed delays of products and cargos at the sea ports, they have summoned Total Nigeria Limited ...

Read More »

Goodnews as IPMAN suspends planned strike


The leadership of the Independent Petroleum Marketers Association of Nigeria (IPMAN) has announced the suspension of a scheduled nationwide strike following a successful negotiation with the Group Managing Director of ...

Read More »

NNPC dumps Lagos, 3 other depots after repairs, continues sales to private depot owners


Going by the recent rehabilitation of Lagos, Mosimi, Ibadan and Ilorin petroleum products depots at a huge cost on government, indication has emerged that the Nigerian national Petroleum Corporation (NNPC) ...

Read More »

Power shortage hobbles Warri Refinery, NNPC shuts facility pending supplies


Following a trip off of gas turbine generators that supply power to the Warri refinery in Delta State earlier in the week, the 125,000 barrel per day (bpd) refinery has ...

Read More »

FG approves fresh refineries revival model targeting 90% efficiency in 24 months


As the 2017 Nigeria Oil and Gas Conference and Exhibition (NOG) ends today, the Federal Government has unveiled a new commercial model that may not be far from guided privatization ...

Read More »

Nigeria ripe for annual $10b investment in oil & gas sector—FG

Eni NNPC deal

Considering ongoing reforms in the nation’s oil and gas sector in the last two years, the Federal Government has revealed that the sector is now ready to attract on a ...

Read More »

OPEC scribe hails FG over seamless exit from joint cash-call debt

OPEC barkindo

The visiting Secretary General of the Organisation of Petroleum Exporting Countries (OPEC) and former managing director of Nigerian National Petroleum Corporation (NNPC), Dr. Mohammed Barkindo, has commended Nigeria for exiting ...

Read More »

From year 2000 to 2010, no refinery in Nigeria was given TAM—Ogbuigwe


More revelations have emerged on why the four national refineries may not come fully back to life after all. In an interview with a former general manager of the Port ...

Read More »