Archives Tag: NNPC

News

April 19, 2022

1. General Electric has carried out the repair of one of Dangote’s gas turbines and says it is committed to investing $2 billion in Africa. 2. The Minister of Transportation, Rotimi Amaechi has said that the Warri-Ajaokuta-Obaro-Abuja central rail project is expected to attract an investment worth $30 billion dollars. 3. The Group Managing Director of NNPC, Dr … Continue reading Nigeria Today: Top 5 News Stories, Tuesday, Nov 1st 2016

By ogo-eze

News

April 19, 2022

1. NNPC has urged Nigerians not to panic, as there are no plans to increase in fuel price. 2. The House of Representatives has opposed the plans by the Federal Executive Council to concede rail lines to General Electric. 3. President Buhari has approached the National Assembly for ₦180 billion naira virement from the Special Intervention Programme, of … Continue reading Nigeria Today: Top 5 News Stories, Wednesday, Oct 26, 2016

By ogo-eze

News

April 19, 2022

To regain its share in the global oil market, NNPC offers discounts on crude oil. President Buhari has released names of 46 ambassadorial nominees to the Senate. The militant group, Niger Delta Avengers, have pulled out of dialogue proposed by the Federal Government. The House of Representatives investigates PHCN on electricity bills and sale of non-core … Continue reading Nigeria Today: Top 5 News Stories, Friday, Oct 21, 2016

By ogo-eze

ECONOMY

April 19, 2022

Today, the streets of Lagos, Abuja, Port Harcourt and Kano are traversed by vehicles that guzzle fossil fuels and belch greenhouse gases. Nigeria doesn’t emit as much environmentally unfriendly gas as the world’s biggest polluters, but its growing population, with its urbanizing tendencies and adherence to the western industrialization model, could make it one in … Continue reading Bionas’ $2.5 Billion Investment Could Bring Nigeria’s Bio-Fuel Industry to Life  

By ikenna-nwachukwu

News

April 19, 2022

Former Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mohammed Barkindo, has been confirmed the next Secretary-General of the Organisation of Petroleum Exporting Countries (OPEC). Mr Barkindo, who was the NNPC GMD from 2009 to 2010 also had been the acting Secretary-General of OPEC in 2006. Effective from August 1, 2016, he will … Continue reading Mohammed Barkindo Emerges Secretary-General of OPEC

By nnenna

News

April 19, 2022

According to The Nation, the Federal Government is set to to raise funds from international investors and the private sector next year in an effort to fund the Joint Venture Cash (JVC) call between the Nigerian National Petroleum Corporation (NNPC) and multinational oil companies operating in Nigeria. The Minister of State for Petroleum Resources, Dr. … Continue reading FG to Raise Investment Funds for Petroleum JVC

By ify

News

April 19, 2022

The Nigerian National Petroleum Corporation (NNPC) has announced that it will deploy drones across the territorial waters of Africa’s largest oil producer in order to help curb rampant oil theft. In an official statement, Managing Director Ibe Kachikwu said, “The corporation is launching an armada of approaches aimed at ending theft within eight months. The measures … Continue reading NNPC to Deploy Drones to Curb Oil Theft

By ejura

News Opinion

April 19, 2022

Kaduna State Governor, Nasir El-Rufai has said that Nigeria needs to “kill” its oil company, the Nigerian National Petroleum Corporation, NNPC, which he considers corrupt, in order for the country to survive and progress, Premium Times reports. This was stated publicly on Monday, at the 7th Wole Soyinka Centre Media Lecture Series in Abuja, where he … Continue reading What Nigerians Think About ‘Killing’ NNPC

By ify

News

April 19, 2022

  1. Crude oil prices sank to new four-year lows on Thursday on the back of the announcement that the Organisation of Petroleum Exporting Countries (OPEC) has decided to maintain its oil output ceiling at 30 million barrels, preferring, as a strategy, to wait for the market to stabilise instead of cutting production quotas. OPEC’s decision … Continue reading Nigeria Today: Top Ten News Stories You Shouldn’t Miss

By elizabeth

BUSINESS News Uncategorized

April 19, 2022

Nigeria’s President, Goodluck Jonathan, has appointed Dr. Joseph Thlama Dawha as the new Group Managing Director, NNPC, replacing Andrew Yakubu, who was sacked last night. The new Group Managing Director of the NNPC, Dr. Dawha hails from Borno State. He has served previously as the Group Executive Director, Exploration and Production, NNPC and Managing Director … Continue reading President Goodluck Jonathan Appoints Dr. Joseph Thlama Dawha as GMD of NNPC

By michael-abimboye

BUSINESS Media News

April 19, 2022

    Transnational Corporation of Nigeria (Transcorp) and the Nigerian National Petroleum Corporation (NNPC) signed a production sharing contract (PSC) last Friday for the exploration and production of Oil Prospecting Lease (OPL) 281. Transcorp has committed itself to a work programme to prove and develop an estimated 104 million barrels of oil reserves, an additional … Continue reading Transcorp, NNPC Sign Production Sharing Contract

By elizabeth

BUSINESS Media News

April 19, 2022

The management of the Nigerian National Petroleum Corporation, NNPC, on Monday announced the appointment of Ohi Alegbe as Group General Manager, Group Public Affairs Division, GGM, GPAD. In a statement signed by Group Executive Director, Finance & Accounts, Bernard Otti, the NNPC said the appointment takes immediate effect. Mr. Alegbe, an alumnus of the University … Continue reading Ohi Alegbe Announced as NNPC Spokesperson

By michael-abimboye

BUSINESS ECONOMY Energy News

April 19, 2022

The Nigerian National Petroleum Corporation (NNPC) has put its 2013 revenue from oil sales for Year to Date, at $20,907,063,959.35 from 191,939,235 barrels of crude oil sold. NNPC did in a presentation to the Committee of Petroleum (Upstream) of the House of Representatives on Thursdays. According to NNPC, “In January, it sold 37,675,591.00 barrels of … Continue reading NNPC Earns $20.9 Billion from Crude Oil Sales in 2013

By sheyi

BUSINESS

April 19, 2022

Energy and infrastructure are basic facilities necessary for the functionality, growth and development of a society and its economy. Nigeria, richly blessed with natural and human resources, has become the center of attention for global players in the energy and infrastructure industry. One of such players, in fact, an authority in the oil, gas, power … Continue reading CWC Group: Authorities In Energy And Infrastructure

By connectnigeria