NNPC says OPEC+ production cut deal necessary to re-balance the oil market, insists it’ll not cut jobs this year
Nigeria did not fully comply with a pact by oil producers to rein in output to balance markets but will make additional cuts to make up for the lapse…
Beware: Contaminated diesel in town; dangerous to engines, environment – NNPC
The Nigerian National Petroleum Corporation (NNPC), has raised an alarm over prevalent low grade and contaminated AGO, otherwise called diesel, offered at discounted prices in parts of the country. The…
NNPC: Our recent appointments based on merit, competence
The Nigerian National Petroleum Corporation (NNPC) says professional competence, adherence to the principle of transparency and accountability informed the recent top management appointment effected in the first week of March….
Chinese experts still in Nigeria assisting in building, equipping isolation centres – MinisterÂ
Minister of Interior, Rauf Aregbesola The Minister of Interior, Rauf Aregbesola on Tuesday said the 15 Chinese experts who came into Nigeria to support the fight against COVID-19Â are still in…
IPMAN confirms purchase of PMS at N108 per litre ex-depot price
The President, Â Independent Petroleum Marketers Association of Nigeria (IPMAN), Mr Chinedu Okoronkwo says its members have started buying Premium Motor Spirit (PMS) also known as petrol at N108 ex-depot price…
NNPC explains Obalende tanker fire incident, one life lost
The Nigerian National Petroleum Corporation (NNPC) has commiserated with families of the victims of Friday’s fuel tanker fire incident at Obalende area of Lagos. The tanker belonging to the NNPC…
Gbajabiamila expresses disappointment over non-existence of PCAF, says fund mandated by lawÂ
The Speaker of the House of Representatives, Femi Gbajabiamila has expressed disappointment over non-existence of the Power Consumer Assistance Fund (PCAF) by Nigerian Electricity Regulatory Commission, NERC. Gbajabiamila…
Proposed free electricity supply: Reps, Stakeholders set up Joint committee to work out modalities
The House of Representatives and stakeholders in the power sector on Wednesday agreed to set up a joint implementation committee on the proposed two-month free power supply to the poor…
FGÂ has made payment of over N200 bn for power in the last 23 days – NNPC
Mr Mele Kyari, Group Managing Director of Nigerian National Petroleum Cooperation (NNPC) says the Federal Government has made payment of over N200 billion to the power sector towards improving…
NNPC to hands off refineries after rehabilitation –Kyari
NNPC GMD, Mele Kyari The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari, says the corporation will not be involved in the management of the nation’s…