Wednesday, September 8th, 2021

Tag: NNPC

Trading Surplus: NNPC Records ₦20.36Billion in July

The Nigerian National Petroleum Corporation (NNPC) has recorded an increased trading surplus of ₦20.36billion in July 2020 compared to the ₦2.12billion surplus in June 2020 in its operations. Dr. Kennie Obateru, Group General Manager,...

10 Points to Note from NNPC Audited Account

The Nigeria National Petroleum Corporation (NNPC) published an audited financial statement of the multi-billion dollar enterprise and it is being celebrated as a milestone achievement. Here are ten (10) important talking points of the...

GROUP ALLOCATES N13.11bn TO BUILD HOSPITALS

Petroleum industry intervention on covid-19 earmarks 53% of funding to construction of hospitals. The Oil Industry Intervention group is made up of the Nigeria National Petroleum Corporation (NNPC), Oil Producers Trade Section (OPTS), Independent...

Fake Diesel in Circulation as NNPC Cries Out

Fake diesel have found their way into the market and are currently in circulation, the Nigerian National Petroleum Corporation (NNPC) warns. The corporation raised alarm over prevalent low grade and contaminated AGO, otherwise called,...

NNPC Reveals Steps to cut Crude Oil Production Cost

The Nigerian National Petroleum Corporation (NNPC) has taken necessary steps to reduce the cost of crude oil production to $10 per barrel or below, said Mr. Roland Ewubare, Chief Operating Officer (COO) of the...

NNPC to invest in Housing, Hospitals and Electricity

The Nigerian National Petroleum Corporation (NNPC) is mulling over partnership with developers to reduce nation’s housing deficit and is firming up a bouquet of business portfolios in the power, medical, and other sectors that...