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Nigerian National Petroleum Corporation (NNPC)

NNPC ‘not tax agency’

The Nigerian National Petroleum Corporation (NNPC) yesterday said the collection of taxes and other cash due to the Federal Government in the oil and gas industry was not its responsibility.
Melee Kyari

Melee Kyari: NNPC has no secret account

The Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, says the corporation has no secret accounts that breach the Treasury Single Account (TSA).

Oando records six per cent increase in turnover

The oil giant, whose operation was grounded by the Securities and Exchange Commission (SEC) when it laid siege to its head office with the police, weathered the storm and recorded a six per cent increase in revenue of N315.4 billion, from N297.3 billion, in comparative period of 2018.

Chevron: Ojumole Well 1 fire has been put out

Oil giant, Chevron Nigeria Limited (CNL), operator of Joint Venture (JV) between the NNPC and CNL (NNPC/CNL JV), says the fire that gutted its Ojumole Well No 1 has been put out.
The Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Dr Maikanti Baru, says the country’s daily oil production is currently 2.32million barrel pre day.

NNPC: Nigeria daily oil production hits 2.3 mbpd

The Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Dr Maikanti Baru, says the country’s daily oil production is currently 2.32million barrel pre day.

Federal government exceeds oil budget target

Nigeria’s crude oil and condensates production has risen to 2.323 million barrels per day (bpd), exceeding the 2019 budget benchmark of 2.3 million bpd.

Oando steadily wins shareholder confidence, posts N4.6 billion profits in Q1 2019

The year 2019 continues to favor Oando PLC, Nigeria’s leading indigenous energy solutions provider. At the end of March the company published its FYE 2018 results with the announcement of a third consecutive year of profits. The company continues to wax strong posting results for the first quarter of 2019 (Q1

Groups urge Plateau lawmakers to reject water privatisation

Trade unions and civil society groups on Tuesday mounted pressure on members of the Plateau State House of Assembly to expunge privatisation clauses from a bill on the water sector.
Nigerian National Petroleum Corporation (NNPC)

NNPC: Nigeria’s daily crude production in 2018 stood at 2.019 million barrels

The Nigerian National Petroleum Corporation (NNPC) says that the national average daily crude oil production stood at about 2.019 million barrels in 2018.
Nigeria’s Minister of Finance, Zainab Ahmed on Wednesday debunked claims that the Federal Government was planning to reduce the number of children that a mother could have in Nigeria.

2019 Budget: Federal government to Release New Set Of Taxes, Excise Duties

Zainab Ahmed, Minister of Finance, said on Thursday that the Federal Government will be releasing new revenue initiatives which will include a new set of taxes and excise duties.

NNPC loses over $800 million revenue to contract breaches

The Nigerian National Petroleum Corporation (NNPC) has revealed that it lost over $800 million revenue to all the stakeholders owing to breaches of contracts of its old regime.
Nigerian National Petroleum Corporation (NNPC)

NNPC: $800 million lost to pipeline surveillance contract

As tongues wag over the award of oil infrastructure surveillance contract to an indigenous firm, Ocean Marine Solutions for the protection of the strategic 87-kilometre Trans Forcados Pipeline (TFP), the management of the Nigerian National Petroleum Corporation (NNPC) on Tuesday said breaches from the earlier contract cost the Corporation a whopping $800 million.
Oando and its JV Partners, on Saturday the 1st of December, held the 22nd edition of its annual Green River Project (GRP) - Farmers Day celebration in Igbo-ogene Bayelsa State.-5

PPP: Oando, NAOC JV boost agriculture in Niger Delta

The Farmers Day initiative, which has recorded many successes;at the start took a lot of convincing to get the farmers acceptance of the project. Communities had hitherto blamed oil exploration activities for their poor harvest which in truth was as a result of poor farming techniques and seedlings.

Shell: How we’ve supported infrastructure growth in Rivers

The Shell Petroleum Development Company of Nigeria Limited (SPDC) says out of the over N41billion disbursed for community projects in Niger Delta, about N15billion went to Rivers State under the Global Memorandum of Understanding.
Nigerian National Petroleum Corporation (NNPC)

NNPC nets $470 million from oil, gas export in August

The Nigerian National Petroleum Corporation (NNPC) on Wednesday, released its August 2018 operational report, disclosing that crude oil and gas export sale was $470million, indicating a growth of about $78million in relation to July oil and gas export figures of $391.91million.
Nigerian National Petroleum Corporation (NNPC)

Nigeria’s oil and gas export sale hits $470 million in August

The Nigerian National Petroleum Corporation (NNPC) has said that crude oil and gas export sale by the corporation in August 2018 was $470million, indicating an upsurge of about $78million in relation to July oil and gas export figures of $391.91million.

NPDC, Neconde begin joint gas production, delivery

Neconde Energy Limited and its Joint Venture Partner – the National Petroleum Development Company (NPDC) in Oil Mining Lease (OML) 42 have commenced production and delivery of gas to the domestic market through the Nigeria Gas Marketing Company.

Oando’s turnover surges, posts 32% increase of N505 billion in Q3 2018

Speaking on the company’s financials, Adewale Tinubu said; “Today’s positive result is further evidence of the progress made by Oando in 2018 driven by our continued focus on execution and operational efficiency, supported by buoyant commodity prices.”

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2,737 Nigerian pilgrims return home after 2019 hajj

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The Indigenous People of Biafra, IPOB, yesterday, said it is not interested in either the gains or the losses associated with RUGA settlement being planned by the Federal Government, but only in achieving the sovereign state of Biafra.

IPOB: Why we will continue to attack Igbo leaders

The Indigenous People of Biafra (IPOB) in Germany has vowed to continue attacking and harassing prominent Igbo leaders to demonstrate their anger over age long betrayal of Ndigbo by some greedy leaders.
The Nigerian National Petroleum Corporation (NNPC) says it is working to crash the price of cooking gas in the country.

NBS: Average price for cooking gas soars in July

The National Bureau of Statistics (NBS), says the average price for the refilling of a five kilogramme (kg) cylinder Cooking Gas increased to N2,024.80 in July from N1,995.38 in June.
Lionel Messi cannot be considered the greatest of all time as an Argentine without a World Cup win to his name, says former Real Madrid and Spain coach Jose Antonio Camacho.

Jose Camacho: Lionel Messi can’t be the best Argentine without a World Cup

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