Tag: NNPC

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NNPC to Disclose Successful Bidders for Infrastructure Rehabilitation by the End of Q1, 2021

The Nigerian National Petroleum Corporation (NNPC) has announced it will be unveiling the list of successful bidders for the rehabilitation of its critical downstream pipelines, associated depots and terminal infrastructure....
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NNPC Dismisses Allegations of AKK Gas Pipeline Inflation; Threatens Legal Action

The Nigerian National Petroleum Corporation (NNPC) has dismissed the recent allegations that the Ajaokuta-Kaduna-Kano (AKK) Gas Pipeline Project was inflated to $1.527 billion. The Corporation says the allegations are false,...
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Rwanda, Nigeria Increase Retail Price of Fuel

Rwanda Utility Regulatory Authority (RURA) has announced new pump prices for petrol and diesel for the first time in 2020, effective Thursday, September 3rd 2020. This is the first time...
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Nigerian Government Declares West Africa’s Largest Free Zone in Akwa Ibom State

The Federal Government of Nigeria has approved the Liberty Oil and Gas Free Zone for Akwa Ibom State, Nigeria. The new free zone is jointly promoted by the state government...
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NNPC and FIRST E&P Welcomes Abigail-Joseph FPSO unit to Nigeria

The Nigerian National Petroleum Corporation (NNPC) and FIRST Exploration & Petroleum Development Company Limited (FIRST E&P) have announced the arrival of the Abigail-Joseph Floating, Production, Storage and Offloading (FPSO) unit...
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NNPC Calls for Bidders for Pipeline Renovation

The National Oil Company of the African oil giant has invited investors willing to fix the country's oil pipelines and depots that serve the oil refineries. This was contained in...
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Nigeria’s NNPC Signs Agreement with CNOOC and SAPETRO to Settle OML 130 Dispute

NNPC - Nigerian National Petroleum Corporation The West African country's National Oil Company is said to have signed a preliminary Head of Terms (HoT) agreement to end a dispute on...
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Nigeria: NNPC Releases Monthly Financial Operations Report for May 2020

The Nigerian National Petroleum Corporation (NNPC) has released its Monthly Financial Operations Report (MFOR) for May 2020. In the report, it showed that 37 pipeline points were vandalised in May...
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Nigeria: There is Need to Cut Oil Production Unit Cost by Local Firms – Kyari, Sylva

According to the Group Managing Director of Nigeria's National Oil Company, the Nigerian National Petroleum Corporation (NNPC), Mele Kyari, Nigeria's high crude oil production cost comes from local oil firms....
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Nigeria: NNPC Announces 19.14% Increase in Natural Gas Supply to Power Plants for April 2020

The Nigerian National Petroleum Corporation (NNPC) announced on Thursday 9th July 2020 that there has been an increase of 19.14% in the average daily natural gas supply to power plants...
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