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$18.5b Revenue: Ex-PPMC MD to Lose Dubai Properties

EFCC detectives probe $205m kerosine subsidy Where is $18.5billion earned by the Nigerian National Petroleum Corporation (NNPC) during former President Goodluck Jonathan’s administration? This is the...

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Apapa Jetty Fire Incident Will not Affect Supply of Petroleum Products, NNPC Says

The Nigerian National Petroleum Corporation, NNPC, has assured motorists and other consumers of petroleum products nationwide that the fire incident which occurred at Apapa...

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NNPC Tackles Corruption with Anti-Fraud Training for Staff

…To Join Certified Fraud Examiners’ Body as Corporate Member The Nigerian National Petroleum Corporation (NNPC) will equip 50 per cent of its work force with...

Energy

NNPC Cuts Production Cost To $23/Barrel, Saves $6bn

The Nigerian National Petroleum Corporation (NNPC) said yesterday that the country has saved a minimum of $6billion in two years by cutting the cost...

Business

Auditor General Thumbs Up NNPC For Audited Accounts

The gale of accountability and transparency pervading the operations of the Nigerian National Petroleum Corporation, NNPC, under the leadership of Dr. Maikanti Baru has...

Business

NNPC, Shell, Chevron Agree To Boost FG Revenue, Oil Reserves

Two sets of alternative financing agreements on Joint Venture (JV) projects to boost reserves and production in line with government’s aspiration were executed in...

Nigeria

Kachikwu laments loss of $300bn global oil investments

The Minister of State for Petroleum Resources, Dr Ibe Kachikwu, on Monday, lamented the loss of $300bn in oil investments globally in three years,...

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