The Phase One of the ongoing recruitment exercise by the Nigerian National Petroleum Corporation (NNPC), which kicked off via nationwide advertisements in the national dailies and online media on Wednesday, March 13 ends tonight with the closure of the corporation’s application portal. READ ALSO: We are recruiting, NNPC confirms A release on Wednesday in Abuja by […] …
Ndu Ughamadu
NNPC begins rehabilitation of Port-Harcourt refinery
Nigeria’s effort at ensuring local sufficiency in refined petroleum products was bolstered on Thursday with the formal commencement of the first phase of the rehabilitation of the 210,000 barrels per day capacity Port-Harcourt Refinery complex that comprises the 60,000 barrels per day old Refinery built in 1965 and the 150,000 barrels per day, new Refinery, […] …
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NNPC generates N2.6tr revenue
Uche Usim, Abuja The Nigerian National Petroleum Corporation (NNPC) on Tuesday said total revenues generated from the sales of white products for the period October 2017 to October 2018 stands at ₦2.684 trillion, while petrol contributed about 88.32 per cent of the total sales value of ₦2.371 trillion. This is as the national oil company […]
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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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Avoid panic buying, NNPC urges Nigerians
Despite threats by petroleum depot owners to shutdown operations if their unpaid N800 billion subsidy claims were not cleared, the Nigerian National Petroleum Corporation (NNPC) says it has sufficient petroleum products in its facilities and urged consumers across the country not to engage in panic buying. The Corporation said it currently has 2.6 billion litres […]
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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 …
$800m lost to pipeline surveillance contract – NNPC
Uche Usim, Abuja As tongues wag over the award of oil infrastructure surveillance contract to an indigenous firm, Ocean Marine Solutions for the protection of the strategic 87-kilometre Trans Forcados Pipeline (TFP), the management of the Nigerian National Petroleum Corporation (NNPC) on Tuesday said breaches from the earlier contract cost the Corporation a whopping $800 […]
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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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