Uche Usim, Abuja Nigerian National Petroleum Corporation (NNPC), has released its summarised 2018 operational report indicating the nation’s daily crude oil production recorded an upward swing of about 2.09 million barrels. The figure represents a 9 per cent increment, compared to the 2017 average daily production of 1.86 million barrels. According to the Group Managing […]
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Maikanti Baru
‘Crude oil production witnessed nine per cent increase in 2018’
The Nigerian National Petroleum Corporation (NNPC) yesterday said daily crude oil production recorded an upward swing of about 2.09million barrels in the outgone 2018.
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NNPC moves to acquire 30% market share in petrol retailing
The Nigerian National Petroleum Corporation (NNPC) is working on increasing penetration in the downstream sector to enable it capture 30 per cent of the retail market in the country.
The post NNPC moves to acquire 30% market share in petrol retailing appeared first on The Guardian Nigeria Newspaper – Nigeria and World News. …
Baru directs NNPC retail to secure 30% marktet share
The Group Managing Director of the Nigerian National Petroleum Corporation, Dr. Maikanti Baru, has charged the Corporation Downstream company, NNPC Retail, to increase its current 14 per cent market share to 30 per cent by 2020. Speaking yesterday in Abuja during the first Triennial Delegates Conference of the Petroleum and Natural Gas Senior Staff AssociationRead More …
NNPC Retail targets 30% market share
The NNPC Group Managing Director disclosed at the event that the NNPC Management would soon expand the operations of NNPC Retail Limited Uche Usim The Group Managing Director of the Nigerian National Petroleum Corporation, Dr Maikanti Baru, has charged the Corporation Downstream company, NNPC Retail, to increase its current 14 percent market share to 30 […]
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NNPC promises abundant fuel supply nationwide
NNPC records N32b trading surplus in 11 months
The Managing Director of the Petroleum Products Marketing Company Limited (PPMC), Mr. Umar Ajiya, disclosed that the company has returned to profitability with a trading surplus of N32bn between January and November 2018. He made this known while the House of Representatives Committee on Petroleum (Downstream), was in the Nigerian National Petroleum Corporation (NNPC) towers,Read More …
NNPC targets 10% share of global LNG market
NAN As part of its strategic aspirations to drive maximum value from Nigeria’s abundant natural gas resources, the Nigerian National Petroleum Corporation (NNPC) is targeting 10 per cent market share of the global Liquefied Natural Gas (LNG) market. Group Managing Director of the NNPC, Dr Maikanti Baru, expressed the Corporation’s commitment at the opening ceremony […]
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We save $30m annually from transparent insurance bidding – Baru
“We are very transparent and we do our work in the best way with accountability. We are a fact-based company and we do it also competitively.” Uche Usim, Abuja The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mr. Maikanti Baru, on Thursday said the management’s adoption of a transparent insurance procurement process saves the […]
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NNPC seeks new funding options for operators
The Nigeria National Petroleum Corporation (NNPC) says it is devising new ways to attract more funding for operators in Nigeria’s oil and gas industry to launch them into a new phase of exploration. The operators have been grappling with funding challenges which has cut down investment in oil exploration. Dr Maikanti Baru, the Group ManagingRead More …