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Nigerian National Petroleum Corporation (NNPC)

GMD: NNPC will continue to support local companies

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr Maikanti Baru, has assured that the corporation would continue to support local companies, within the entire hydrocarbon value-chain, for the growth of the nation’s economy.
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.
Adeyemi Adetunji

Adeyemi Adetunji: NNPC subsidiary hits N1.8 billion profit in 2017

Mr Adeyemi Adetunji, Managing Director, Nigerian National Petroleum Corporation (NNPC) Retail, said the company made N1.8 billion profit after tax in 2017.
Dr. Jackson Gaius-Obaseki, former Group Managing Director, NNPC and Chairman, Brass LNG (right), with Dr. Maikanti Baru, GMD, NNPC at the first Triennial Delegates Conference of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), NNPC Retail Branch

Maikanti Baru directs NNPC Retail to attain 30 per cent market share

The Group Managing Director of the Nigerian National Petroleum Corporation, Dr. Maikanti Baru, has charged the Corporation Downstream company, NNPC Retail, to increase its current 14 per cent market share to 30 per cent by 2020.

NNPC targets 10% share of global LNG market

As part of its strategic aspirations to drive maximum value from Nigeria’s abundant natural gas resources, the Nigerian National Petroleum Corporation (NNPC) is targeting 10 per cent market share of the global Liquefied Natural Gas (LNG) market.

NNPC Retail commences nationwide audit of delisted trucks

The NNPC Retail Limited, the downstream subsidiary of the Nigerian National Petroleum Corporation, with a stake in supply and distribution of petroleum products, has embarked on a nationwide audit of its field operation to ensure all delisted trucks are in compliance with the requirement to remove the company’s logo and other brand attributes.
Maikanti Baru

Maikanti Baru: NNPC has paid $1 billion cash call debt to IOCs

The total amount of money so far given to International Oil Companies (IOCs) operating in Nigeria by the Nigerian National Petroleum Corporation (NNPC) in repayment for the discounted $5.1 billion cash call debt owed to them has been put at $1 billion.

Fuel supply: Osun state to lease petrol station to NNPC

The Nigerian National Petroleum Corporation, NNPC, yesterday said it is in talks with Osun State Government, over the leasing of a state-of-the-art petrol retail outlet and the expansion of its fuel distribution network in the state.

NNPC begins enforcement of N133.28 ex-depot petrol price

The Nigerian National Petroleum Corporation, NNPC, yesterday, said it has deployed more of its depots and other throughput facilities to enforce the N133.28 per litre Ex-Depot price of Premium Motor Spirit, otherwise known as petrol, to marketers directly.

No plan to increase pump price of petrol – NNPC

The Nigerian National Petroleum Corporation (NNPC) has said it has no plan to execute an increase in the pump price of Premium Motor Spirit (PMS), otherwise called petrol.

Federal govt orders marketers on 24-hour petrol supply loading

The Federal Government has ordered depot operators to engage on 24-hour loading of petrol, in a bid to ease the long queues and scarcity witnessed across the country.

Kaduna residents groan as fuel price rises to N350 per litre

As fuel scarcity bites harder across the country, many filling stations in Kaduna have remained closed as a result of non-availability of the commodity.

NNPC adopts 24-hour depot, retail services to clear fuel queues

The Nigerian National Petroleum Corporation (NNPC) has stated that its adoption of a 24-hour depot and retail services cleared the fuel queues in Abuja, Lagos and many states across the country.

Ex-President Obasanjo applauds NNPC for ensuring national energy security

Former President Olusegun Obasanjo has commended the Management of the Nigerian National Petroleum Corporation (NNPC) for ensuring an uninterrupted supply of petroleum products which he noted was an integral part of energy security in the country.

NNPC Retail to promote consumption of cooking gas

The retail arm of the Nigerian National Petroleum Corporation (NNPC), NNPC Retail Limited, has declared it determination to promote the consumption of Liquefied Petroleum Gas, otherwise called cooking gas.

NNPC Retail market shares rises to 14 per cent

The Managing Director, Nigerian National Petroleum Retail Limited, Mr Yemi Adetunji, says the market shares of the company has grown to 14 per cent in 2016.

NNPC Retail’s new mega station, part of strategies to ensure energy security – Maikanti...

The Nigerian National Petroleum Corporation (NNPC) Group Managing Director, Dr. Maikanti Baru, has described the commencement of operations of the newly constructed ultra-modern mega station of NNPC Retail Limited located along Lagos-Ibadan Expressway, as part of the strategies to ensuring energy security in the country.

Senate to probe 40 oil firms over Ibe Kachikwu’s allegations against NNPC chief Maikanti...

Over 40 oil firms are expected to be invited by the Senate adhoc committee set up to investigate the allegations in the feud between the Minister of State for Petroleum Resources, Ibe Kachikwu, and the Group Managing Director, Nigerian National Petroleum Corporation, Maikanti Baru.

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