NNPC | Egypt Oil & Gas - Part 7

Nigeria’s PPMC Sold $2.75b of Petroleum Products

According to the Nigerian National Petroleum Corporation (NNPC) Monthly Operations and Financial Reports for June 2016, the Pipelines and Product Marketing Company (PPMC) earned $2.75b from the sales of petroleum prod...

Nigeria to Import Petroleum Products

The Independent Petroleum Marketers Association of Nigeria (IPMAN) and an international company, NIMEX Petroleum Group, have plans to import 100,000 metric tones of petroleum products to complement the efforts of the ...

Nigeria’s Oil, Gas Sales Reach $3.46b

Nigeria has earned about $3.46b in oil and gas revenues between July 2015 and June 2016, with a total of $2.3b coming from crude oil proceeds and $1.17b from gas sales, according to the Nigerian National Petroleum Cor...

Nigeria Ponders Crude Import from Chad, Niger

The Nigerian National Petroleum Corporation (NNPC) plans to import crude oil from Chad and Niger to nourish its Kaduna refinery since it has been facing shortages as a result of constant militancy in the Niger Delta, ...

Nigeria, Spain to Boost Energy Cooperation

Nigeria and Spain have agreed to form a bilateral association in oil and gas industry, Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Kachalla Baru, announced. NNPC w...

Nigeria’s Oil Production Drops

Nigerian oil production has dropped to 1.4mb/d due to attacks by armed militant groups, the Nigerian Oil Minister,  Ibe Kachikwu, declared, Argus Media reported. Nigerian output has improved to 1.75mb/d in July, up fr...

Nigeria’s Oil Firm Shuts Off Gas Pipeline After Attack

The Nigerian National Petroleum Corporation (NNPC) announced it had shut off a pipeline valve attacked by Niger Delta Avengers in Oruk Anam Local Government Area, Akwa Ibom State. The Nigerian state oil firm said the ...

Nigeria’s NNPC loses $121.63m due to Vandalism

The Nigerian National Petroleum Corporation (NNPC) said it recorded around $121.63m loss in February, when gas supply decline of 70mmscf/d to power plants due to vandalism of the Forcados export line, The Nation repor...

Nigeria Convinces Oil Majors to Pay $200m for Fuel Imports

Nigeria will get $200m in badly-needed hard currency from oil majors to pay for fuel imports and ease petrol shortages that has hit the OPEC producer, the head of state-run oil firm NNPC said, Reuters reported. As Pet...

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

The Nigerian National Petroleum Corporation (NNPC) informed that production at the Kaduna refinery plant is expected to restart by mid-April, Reuters reported. NNPC halted crude flows to the 110,000b/d refinery in the...

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