Tag: NNPC
Addax returns four oil blocks to NNPC
The protracted dispute on Oil Mining Leases (OMLs) 123/124, 126/137, operated by Addax Petroleum Nigeria Limited, has finally been laid to rest, paving the...
Addax oil workers resume strike, blame NNPC for action
Nigerian employees of Addax Petroleum Development Nigeria numbering 324 have resumed their suspended strike over anti-labour practices.
The resumption of the suspended strike was hinged...
NNPC, Daewoo Group sign MoU for rehabilitation of Kaduna refinery
The Nigerian National Petroleum Company Ltd (NNPC) and Daewoo Group have signed a Memorandum of Understanding (MoU) for the rehabilitation of the Kaduna refinery.
This...
Reps to probe oil vessel set ablaze in Delta
The House of Representatives has resolved to probe circumstances that led to the setting ablaze of an oil vessel allegedly involved in oil theft...
NNPC blames Abuja fuel queues on flooding, failed road
The Nigerian National Petroleum Corporation Limited (NNPC Ltd) has attributed the current fuel queues in parts of Abuja to flooding in Kogi State.
The NNPC, however,...
NNPC records N674bn profit in 2021
The Nigerian National Petroleum Company Limited (NNPC Ltd) says it recorded a profit of N674 billion after tax in 2021.
The Group Chief Executive Officer...
NNPC acquires 380 Oando filling stations, OVH jetty, depots
The Nigerian National Petroleum Company Limited (NNPC LTD) has acquired OVH Energy Marketing Limited (OVHEM) downstream assets under an Accelerated Network Expansion (ANEX) Initiative.
The...
Port Harcourt refinery to start production by December – FG
The Federal Government has given assurances that the ongoing rehabilitation of the nation’s ailing refineries would soon be completed.
Specifically, the 60,000 barrels per day...
NNPC, Morocco to sign MoU on 7,000km gas pipeline project Thursday
The Nigerian National Petroleum Company (NNPC) Limited says it will sign a Memorandum of Understanding (MoU) on the gas pipeline project with the Office...
NNPC: We’re ready for forensic audit of daily fuel supply
The Nigerian National Petroleum Company Limited (NNPC Ltd) has expressed readiness to submit itself for forensic audit of fuel supply and subsidy management, insisting...
