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NNPC

Nigerian President approves incorporation Of NNPC, appoints board members

September 19, 2021 Verity News 0

By Goodluck Ikiebe President Muhammadu Buhari has directed that the Nigerian National Petroleum Company Limited be incorporated. He also approved the appointment of the Board […]

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NNPC consolidates on gains, publishes 2020 audited financial statements

September 9, 2021 Verity News 0

Following up on President Muhammadu Buhari’s recent announcement of thedeclaration of two hundred and eighty seven billion Naira (N287bn) Profit After Tax (PAT) in year 2020 by […]

How Buhari broke all jinxes, by Femi Adesina

September 5, 2021 Verity News 0

  A giant-sized jinx was broken recently when the Nigerian National Petroleum Corporation (NNPC) announced a first Net Profit in the 44-year history of the […]

How price differential is fueling petrol smuggling-NNPC

September 2, 2021 Verity News 0

The Nigerian National Petroleum Corporation (NNPC) has explained that concerted efforts by the Corporation and some federal agencies to combat the menace of smuggling of […]

NNPC, KDSG, sign MoU on gas utilisation, expansion

August 26, 2021 Verity News 0

…As Kyari assures gas supply will revamp industries Nigeria’s domestic gas penetration aspirations have received a major boost as the Nigerian National Petroleum Corporation (NNPC) […]

NNPC rakes in N287 billion profit after tax in 2020 – Buhari

August 26, 2021 Verity News 0

By Abdullahi Mohammed, AbujaPresident Muhammadu Buhari Thursday disclosed the net profit of the country’s oil and gas giant, Nigerian National Petroleum Corporation (NNPC), for the […]

OML 11: NPDC resumes operation after court judgment in its favour

August 20, 2021 Verity News 0

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 […]

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Buhari constitutes steering committee on implementation of Petroleum Industry Act

August 18, 2021 Verity News 0

By Abdullahi M. GullomaAbujaPresident Muhammadu Buhari has commenced implementation of the newly signed Petroleum Industry Act (PIA) by approving a steering committee to oversee the […]

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NNPC, CMEC, GE sign contract for 50MW Maiduguri emergency power project

August 18, 2021 Verity News 0

A significant step towards redeeming the pledge by the Nigerian National Petroleum Corporation (NNPC) to intervene in the perennial electric power supply challenge in Maiduguri, […]

Facts behind NNPC investment in Dangote Refinery

August 13, 2021 Verity News 0

There has been much furore over the Federal Executive Council’s recent approval for the Nigerian National Petroleum Corporation, NNPC, to acquire 20 percent stake in […]

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NNPC promotes, redeploys senior managers

August 9, 2021 Verity News 0

In a bid to strengthen and reposition the Nigerian National Petroleum Corporation (NNPC) towards attaining global excellence and profitability, the Management of the Corporation has […]

NNPC sold N234.63bn petroleum products in March

August 1, 2021 Verity News 0

The Nigerian National Petroleum Corporation (NNPC) has announced that its downstream subsidiary, the Petroleum Products Marketing Company (PPMC), recorded ₦234.63 billion revenue from the sale […]

Kyari assures AKK gas pipeline project ‘ll be delivered on schedule, create prosperity

July 30, 2021 Verity News 0

Pres The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has assured that the ongoing 614kilometres Ajaokuta-Kaduna-Kano (AKK) gas pipeline […]

NNPC to ensure energy sufficiency, wealth creation for Nigerians

July 6, 2021 Verity News 0

The Nigerian National Petroleum Corporation (NNPC) has reiterated its commitment to ensuring effective stewardship of the nation’s hydrocarbon resources to guarantee energy security and drive […]

NNPC, partners to rake in over $760million revenue from OML 130 gas supply agreements

July 2, 2021 Verity News 0

The Nigerian National Petroleum Corporation (NNPC) and its partners in the Oil Mining Lease (OML 130) Production Sharing Agreements (PSA) and Production Sharing Contract (PSC) […]

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