Tagged: NNPC

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NNPC Records N18.12bn Trading Surplus In May

The Nigerian National Petroleum Corporation (NNPC) has announced a trading surplus of N18.12bn for May 2018, a performance which is relatively higher than the trading surplus of N17.16bn recorded in April. Details of the...

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NNPC Says No Hidden $470.5m LNG Fund In Any Bank

The Management of the Nigerian National Petroleum Corporation, NNPC on Friday said it does not run any opaque account with the commercial banks and there was neither $470.5m or N8billion of its money hidden...

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Pipeline Venture : NNPC Challenges PLAN

The Nigerian National Petroleum Corporation  (NNPC) has urged the Pipeline Professionals Association of Nigeria (PLAN) to proffer solutions that could lead to a dramatic change and expansion of pipeline business in Nigeria. Dr. Maikanti...

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NNPC Allays Fear Over Fuel Scarcity

The Nigerian National Petroleum Corporation (NNPC) has assured that there is enough fuel in the country and that there is no need for panic buying of petroleum products by motorists and the public. The...

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NNPC Retail Outlets To Be Powered By Solar – Baru

The Nigerian National Petroleum Corporation (NNPC) says it  is considering powering all its retail outlets with electricity from solar energy as it planned to venture into solar power generation. The Corporation disclosed this in...

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IPMAN Pledges Support To Curb Pipeline Vandalism

The Independent Petroleum Marketers Association of Nigeria (IPMAN) on Thursday pledged  to work with the Nigerian National Petroleum Corporation (NNPC) to curb pipeline vandalism. Alhaji Ayo Alanamu, the IPMAN Chairman in Ejigbo Satellite Depot,...

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NNPC To Start Refueling Services

The Nigerian National Petroleum Corporation (NNPC) has unveiled plans to set up a subsidiary to provide refueling services to ships and other ocean-going vessels. A statement by its spokesman, Mr Ndu Ughamadu, in Abuja...

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NNPC To Establish Two Condensate Refineries

The Nigerian National Petroleum Corporation (NNPC) says it will establish two condensate refineries with a total refining capacity of 200,000 barrels per day. The Corporation disclosed this in a statement signed by its spokesman,...

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NNPC Explains Drop In Gas Supply

The Nigerian National Petroleum Corporation (NNPC) said drop in power generation could have been triggered by the continuous rejection of load by the distribution companies as a result of frequency management. The Corporation disclosed...