Nigerian National Petroleum Corporation

  • Nigeria Will Not Increase Fuel Prices

    Nigeria Will Not Increase Fuel Prices

    Tuesday, 6th September 2016
    Nigeria's national oil company said the government has no immediate plans to increase gasoline prices, days after fuel marketers and Nigerian National Petroleum Corporation's (NNPC) management called for the removal of a cap on price levels.
  • Nigeria Records $518m Lost in Oil Revenues in 2013

    Nigeria Records $518m Lost in Oil Revenues in 2013

    Monday, 18th July 2016
    Nigerian National Petroleum Corporation has weighed costs amounting to $518m to the federal government due to 2013 inefficiencies in oil swaps and offshore processing agreements.
  • Niger Delta Avengers Resume Attacks on Nigeria’s Oil Facilities

    Niger Delta Avengers Resume Attacks on Nigeria’s Oil Facilities

    Monday, 4th July 2016
    The Niger Delta Avengers claimed responsibility for another five new attacks in the southern energy hub in Nigeria since July 1st.
  • NNPC Raises Fuel Supply to Abuja, Other States

    NNPC Raises Fuel Supply to Abuja, Other States

    Wednesday, 13th April 2016
    The fuel supply and distribution situation in Nigeria is gradually easing out after the Nigerian National Petroleum Corporation increased the distribution of Premium Motor Spirit (PMS), known as petrol.
  • Nigeria’s Kaduna Refinery Expected to Resume by Mid-April

    Nigeria’s Kaduna Refinery Expected to Resume by Mid-April

    Sunday, 3rd April 2016
    The head of the upstream division at Nigerian National Petroleum Corporation (NNPC) informed that production of Kaduna refinery plant is expected to restart by mid-April, Reuters reported.
  • Nigeria Talks to Chevron, Total, Eni to Revamp Refineries

    Nigeria Talks to Chevron, Total, Eni to Revamp Refineries

    Wednesday, 30th March 2016
    Nigeria is in talks with oil majors Chevron, France's Total and Italy's ENI to get help revamping the ailing refineries in Africa's top crude producer, its oil Minister said.
  • Nigeria’s NNPC Secures Crude Import to End Fuel Scarcity

    Nigeria’s NNPC Secures Crude Import to End Fuel Scarcity

    Tuesday, 29th March 2016
    Nigerian President Muhammadu Buhari has given approval for the Nigerian National Petroleum Corporation (NNPC) to import additional crude oil volume to guarantee supplies of Premium Motor Spirit (PMS) petrol with a goal to end fuel scarcity in the country.
  • Nigeria’s State Oil Company Withheld $16b in 2014

    Nigeria’s State Oil Company Withheld $16b in 2014

    Tuesday, 15th March 2016
    Nigeria's Auditor-General has denounced that Nigerian National Petroleum Corporation (NNPC) withheld $16 billion in revenues from the federal government in 2014.
  • Nigeria Oil Workers Stage Strike, Shutting Down NNPC

    Nigeria Oil Workers Stage Strike, Shutting Down NNPC

    Thursday, 10th March 2016
    Nigerian trade unions shutted down the offices of the Nigerian National Petroleum Corporation, NNPC, in protest at plans to reorganize the company. The strike raises the spectre of further oil shortages in the country.
  • Nigeria Breaks Up National Oil Company Into 7 Units

    Nigeria Breaks Up National Oil Company Into 7 Units

    Wednesday, 9th March 2016
    The Nigerian National Petroleum Corporation, NNPC, has been unbundled into seven independent operational units by President Muhammadu Buhari, in attempt to restructure the company trying to recover its financial losses recorded over the last decade.