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Tag: NNPC
Five more ECOWAS nations join Nigeria-Morocco $25 bln gas pipeline project
An ambitious $25 billion project to build a gas pipeline between Nigeria and Morocco took another step forward on Tuesday, with the signing of agreements with the governments of five…
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IPMAN Explains Why Nigeria Is Experiencing Petrol Scarcity
According to Dele Tajudeen, the Chairman of IPMAN, Western Zone, there had been an increase in the depot price of fuel from N148.17 per litre to N178 per litre since…
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Contradictions In Nigeria’s Battle Against Oil Theft In Niger Delta
Recently, the state-owned oil giant the Nigerian National Petroleum Company Limited (NNPC) announced the engagement of Global West, a company owned by an ex-militant, Government Tompolo to protect crude oil…
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Allegations Mount Over Government’s Alleged Complicity In Oil Theft
“The NNPC acquired a software seven years ago to monitor and track every tanker loading fuel in Nigeria and that software was installed with about 50 billion Naira.” Falana, SAN…
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NNPC surveillance contractors, security agencies arrest, destroy oil thieves’ sea-going barge
Nigeria security agency in conjunction with the surveillance contractor of the Nigerian National Petroleum Company Limited (NNPC) arrested and destroyed sea going barge involved in oil theft. According to the…
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NNPC discovers illegal connection to its main Forcados oil export terminals
The Nigerian National Petroleum Company Limited (NNPC) has discovered an illegal connection line from one of its major oil export terminals into the sea that had been operating undetected for…
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NNPC Profit Hits N674bn In 2021
The profit represented a growth of 134.84 per cent when compared with N287 billion profit in 2020 was recorded under the old Nigerian National Petroleum Corporation (NNPC). Malam Mele Kyari,…
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NNPC Posts 134.8% Growth In Profit After Tax To N674 bln In 2021
The Nigerian National Petroleum Company (NNPC) Limited on Tuesday said it has grown its Profit After Tax (PAT) by 135 per cent to N674 billion at the end of last…
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IDB, OPEC may fund trans Sahara gas project as final investment decision expected in 2023
ECOWAS has brought its support for the Morocco-gas pipeline with the signing of a Memorandum of Understanding to speed up the achievement of this structural project that will help meet…
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NNPC Signs 7,000km Gas Pipeline Contract With West African Countries
A Memorandum of Understanding (MoU) on a gas pipeline project will be signed by the Nigerian National Petroleum Company Limited (NNPCL), the National Office of Hydrocarbons and Mines of Morocco,…
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