NNPC Posts 34% Increase in Trading Surplus in December 2019

The Nigerian National Petroleum Corporation (NNPC) has announced an increased trading surplus of ₦5.28billion in its December 2019 operations compared to the ₦3.95billion surplus...

PMS Price Adjustment

In compliance with the directives of the Honourable Minister of State for Petroleum Resources on PMS pricing, the Corporation has reviewed its Ex-coastal, Ex-depot...

NNPC to Reduce Cost of Crude Oil Production

The Nigerian National Petroleum Corporation (NNPC) has expressed its readiness to strategically put in place measures that would alleviate the cost of crude oil...

REBRANDING: Magashi takes over as NIWRMC Executive Director

On assumption of office, the Executive Director, Engr Magashi did not mince words about his strategic vision to revamp the commission and his resolve...

NNPC to Expand Domestic Gas Footprint from 1.1BSCF to 2.2BSCF

The Nigerian National Petroleum Corporation (NNPC) will aggressively expand its domestic gas footprint with the delivery of the Escravos-Lagos Pipeline System (ELPS) II to...

Nigeria Loses $750m to Oil Theft in 2019 – NNPC

The Nigerian National Petroleum Corporation (NNPC) has disclosed that the nation lost about $750 million to oil theft in 2019. In a presentation to members...

NNPC Secure $1.16Million USDTA Grant For 1,300MW Abuja Pow

NNPC Secures $1.16Million USTDA Grant for 1,300MW Abuja Pow …Commits to National Energy Security As part of efforts to guarantee energy security for the country in...

NNPC Records 16 Per Cent Increase in Gas Supply to Power in November

Press Release NNPC Records 16 Per Cent Increase in Gas Supply to Power in November … As Vandalism of Corporation’s Pipeline Infrastructure Rises to 94  Per...

PRESS RELEASE – NPSC Generates N44.4bn Income in 2018 Financial Year

The Nigerian Pipelines and Storage Company (NPSC), one of the Downstream subsidiaries of the Nigerian National Petroleum Corporation (NNPC), generated N44.4bn in its 2018 financial...

PRESS RELEASE – NNPC, PETAN Pledge Collaboration to Rev up Activities in Oil, Gas...

The Nigerian National Petroleum Corporation (NNPC) and the Petroleum Technology Association of Nigeria (PETAN) have pledged to partner on ways to bolster production activities...