NNPC Records ₦43.57bn Trading Surplus in April
The Nigerian National Petroleum Corporation (NNPC) has announced a trading surplus a 23.64% increase over the ₦35.24bn surplus it recorded in the previous month of March 2021. This is contained in the April 2021 edition of the NNPC Monthly Financial…
Okowa Makes Case for Proper Monitoring of Nigeria’s Crude Oil Production
Delta State Governor, Senator (Dr) Ifeanyi Okowa, has called for proper monitoring of Nigeria’s crude oil production to ascertain volume and ensure transparency and accountability in the oil and gas sector. Okowa made the call while opening a two-day Retreat…
Kyari Assures AKK Gas Pipeline Project Will Create Prosperity
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has assured that the ongoing 614kilometres Ajaokuta-Kaduna-Kano (AKK) gas pipeline project would be delivered on schedule, create prosperity through massive job opportunities and guarantee peace for…
NNPC Commits to Ensuring Energy Sufficiency, Wealth Creation for Nigerians
The Nigerian National Petroleum Corporation (NNPC) has reiterated its commitment to ensuring effective stewardship of the nation’s hydrocarbon resources to guarantee energy security and drive wealth creation in Nigeria. The Group Managing Director of NNPC, Mallam Mele Kyari, made this…
Delta’s Economy Grows By 51% in 6 Years As Non-oil Sector Boosts GDP
The size of Delta State‘s economy has risen by 51 percent in four years with the Gross Domestic Product (GDP) hitting N4.471 trillion in 2019, from N2.961 trillion in 2015, with crude oil and gas playing lesser role in driving…
#BuildtheNation: Regional Leaders Gather at South Sudan Oil & Power 2021
Celebrating a decade of independence and taking place against a backdrop of sustained peace and resilience, South Sudan welcomes guests to South Sudan Oil & Power (SSOP) 2021; SSOP 2021 will take place at the Crown Hotel in Juba on…
Curbing Fuel Fraud Across Africa: Payment24 Introduces ‘Vehicle Biometrics’
Fuel management and payment solutions specialists Payment24 have launched a new module in their comprehensive solutions suite, bringing contactless, cardless and secure fuel payments to market with a view to curbing fuel fraud across Africa. Payment24’s latest innovation, FastLane, is…
Okowa tasks FG on Gas Revolution Industrial Park
Delta State Governor, Sen. (Dr) Ifeanyi Okowa, has called on the Federal Government to activate work on the Gas Revolution Industrial Park project in Ogidigben and ensure that its essence is achieved. Okowa, who was in company with his Deputy,…
Revenue Projection in Letter to AGF Not Reflection of Corporation’s Financial Standing, NNPC Clarifies
…Pledges to Optimize Cost, Boost Remittance to FAAC The Nigerian National Petroleum Corporation (NNPC) has clarified that the revenue projection contained in the letter to the Accountant General of the Federation being cited in the media pertains only to the…
NNPC Records 37.21% Drop in Oil Pipeline Vandalism in January
…Increases Gas Supply for Power Generation The Nigerian National Petroleum Corporation (NNPC) has announced a 37.21 % decrease in cases of pipeline vandalism across the country in the month of January 2021. This is contained in the January 2021 edition…
NNPC Records 80.12% Increase in Trading Surplus in December
…Posts Petroleum Products Sale of ₦288.77billion The Nigerian National Petroleum Corporation (NNPC) has announced an increase of 80.12% in trading surplus for the month of December 2020 which stands at ₦24.19billion compared to the ₦13.43billion surplus recorded in November 2020….
