Tag Archives: NNPC

NNPC Posts Crude Oil & Gas Export Receipts of $378.42million in June

The Nigerian National Petroleum Corporation (NNPC) has announced a total crude oil and gas export receipt of $378.42million in June 2020 as against $133.16million it posted in May 2020, signally a marked improvement in revenue earnings apparently following the ease of the COVID-19 pandemic global lockdown and the subsequent increased demand and firmer prices for the black gold in the international market.

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NNPC Becomes EITI Partner Company

NNPC

The Nigerian National Petroleum Corporation (NNPC) has become an Extractive Industries Transparency Initiative (EITI) partner company, joining a group of over 65 extractives companies, state-owned enterprises (SOEs), commodity traders, financial institutions and industry partners who commit to observing the EITI’s supporting company expectations.

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Property Worth Millions of Naira In Flames As Fire Guts NNPC Station Ogba, Lagos

NNPC station

Property worth millions of Naira this afternoon got destroyed when a wild fire gutted the Nigerian National Petroleum Corporation (NNPC) filling station along college road, Ogba Lagos. According to eye witnesses, a tanker was seen offloading content into the station when the unfortunate incident happened Monday afternoon. There was panic in houses close to the station before fire fighters arrived …

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Nigeria To Reduce Cost Of Crude Oil Production

The Nigerian National Petroleum Corporation (NNPC) has expressed its readiness to strategically put in place measures that would alleviate the cost of crude oil production in Nigeria to create market for Nigeria’s crude and make Nigeria a choice destination for Foreign Direct Investment.

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NNPC Swapped N3.04tn Crude For Refined Products

A total of 150.4 million barrels of crude oil valued at N3.04tn was swapped for refined petroleum products by the Nigerian National Petroleum Corporation between September 2018 and September 2019, latest figures from the oil firm showed.

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