The Nigerian National Petroleum Corporation (NNPC) has disclosed that it is not recruiting currently, therefore, urged Nigerians to disregard fake recruitment information circulating in the Social Media. NNPC however, said whenever it decides to conduct a recruitment exercise, it will announce to the public through authentic public communication channels including...
Dangote’s 650,000 barrels-per-day (bpd) oil refinery project has been identified as one of the oil distillation companies that would boost global refining capacity by 6.9 million barrels per day between 2021 and 2026. The Organisation of the Petroleum Exporting Countries (OPEC), which made this disclosure in its 2021 World Oil...
The Nigeria Extractive Industries Transparency Initiative (NEITI) yesterday disclosed that about 77 oil and gas companies in Nigeria are indebted to the federation to the tune of $2.659 Trillion Naira. The debt, according to NEITI, arises from failure to remit petroleum profit tax, company income tax, education tax, value added...
The Nigerian National Petroleum Corporation (NNPC) says it recorded a total crude oil and gas export sales of $219.75m in May 2021, representing 180.29% increase on sales from the previous month of April 2021. This is contained in the May 2021 edition of the NNPC Monthly Financial and Operations Report...
The Chairman of Oilserv Group, Engr. Sir Emeka Okwuosa recently marked his 60th Birth Anniversary with some donations to the less privileged in Port Harcourt. As it's customary during his birthdays, a team from the company farmed out to different parts of rivers state bearing financial and material gifts to...
The Petroleum Products Pricing Regulatory Agency (PPPRA) report of LPG supplied in August 2021, indicates that a total of 85,264.803 metric tonnes (MT) of LPG was supplied nationwide. A breakdown of the supply report shows that 38,040.457 MT was sourced locally by Ever Oil, Stockgap, NIPCO, 11 plc, Greenville Natural...
Nigeria’s domestic gas penetration aspirations have received a major boost as the Nigerian National Petroleum Corporation (NNPC) and the Kaduna State Government have signed a Memorandum of Understanding (MoU) for utilisation and expansion of gas supply in the state. Speaking at the MoU Execution Ceremony which held Thursday at the...
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, on Wednesday received accolades from the House of Representatives Committee on Finance for providing detailed explanations on some burning Oil Industry issues at an interactive session on the 2022-2024 Medium Term Expenditure and Revenue Framework...
The Nigeria National Petroleum Corporation (NNPC), has hailed the recent Appeal Court judgment affirming its operatorship of the Oil Mining License 11 (OML 11), describing it as a huge victory for Nigeria and the beginning of addressing decades of host community restiveness. The Appeal Court sitting in Abuja on Monday...
Nigerian National Petroleum Corporation (NNPC) has executed the Engineering, Procurement, and Construction (EPC) and Equipment Procurement contracts for a 50Megawatts (MW) Emergency Power Project in Maiduguri. The pact, according to Corporation, was a significant step towards redeeming the pledge by it to intervene in the perennial electric power supply challenge...