Dr Emmanuel Ibe Kachikwu, OPEC president The Nigerian National Petroleum Corporation (NNPC), said 38 dollars per barrel oil benchmark is feasible by April as projections suggest that prices will go above the benchmark then.
THE NNPC urges the National Assembly to enact legislations that would support the growth and development of the petroleum sector. The post NNPC has fully complied with TSA directive, says Kachikwu appeared first on Premium Times Nigeria.
The Minister of State for Petroleum Resources and Group Managing Director of the Nigerian National Petroleum Corporation, Dr. Ibe Kachikwu, has disclosed that the crude-for-products exchange arrangement popularly referred to as crude swap will be replaced by a Direct-Sale–Direct-Purchase (DSDP) arrangement which would take off next month.
Plan by President Muhammadu Buhari to probe past financial transactions of the Nigerian National Petroleum Corporation (NNPC) has elicited commendation by the Conference of Nigerian Political Parties (CNPP).
The Federal Government of Nigeria has on Saturday, January 23, officially ended the payment of subsidy on kerosene, as the price of Household Kerosene (HHK) was hiked from N50 per litre to N83 per litre. Kerosene queue in Nigeria This disclosure was made known in the latest pricing template for
The Nigerian National Petroleum Corporation, NNPC, on Wednesday announced the operational shutdown of the Port Harcourt and Kaduna Refineries owing to crude supply challenges arising from recent attacks on vital crude oil pipelines. A statement by the Group General Manager, Group Public Affairs Division of the NNPC, Ohi Alegbe, said
The House of Representatives has started investigating the oil swap agreement by the Nigerian National Petroleum Corporation (NNPC). Giving its presentation on Tuesday, the Nigeria Extractive Industries Transparency Initiative (NEITI), represented by the Executive Secretary, NEITI, Ogbonnaya Oji, told the ad-hoc committee of the House of Representatives on Oil Swap Contracts,
The military says it has begun the deployment of troops in Delta State to apprehend those who attacked oil facilities in the state recently. The Joint Task Force (JTF) described the Friday attack in Warri South-West local government area of Delta State as economic sabotage.
…kick starts retail outlets expansion project Governor of Kano State, Dr. Abdullahi Ganduje, welcoming the Group Executive Director, Commercial & Investments, Nigerian National Petroleum Corporation, Dr.
In a bid to quell the incessant scarcity of petroleum product and to ensure efficient distribution of fuel across the country, the Nigerian National Petroleum Corporation (NNPC) has concluded plans to build 109 new mega stations in Nigeria. Fuel Crisis: the Nigerian National Petroleum Corporation (NNPC) According to the expansion