NNPC

Chad Basin Ambush: UniMaid Won’t Chicken Out Of Oil Search – VC

The Vice-Chancellor of the University of Maiduguri, Prof. Ibrahim Njodi has pledged the commitment of the institution to go the whole hug with the Nigerian National Petroleum Corporation, NNPC in the search for commercial hydrocarbon deposits in the Chad basin despite the recent insurgent attack. He stated this over the weekend in Maiduguri while receiving …

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Attack On NNPC Convoy: Intelligence Service Probes Suspected Moles -Report

The recent deadly Boko Haram attacks which left in its trail  loss of lives, property and abductions has necessitated a joint security intelligence service  examining calls and messages within the Yesu District in Magumeri axis of Borno State, PRNigeria has reported. The development has become necessary as moles could be suspected among those in the …

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Ambush on NNPC Staff: Nigerian Army Regrets False Claim, Confirms More Casualties

The Nigerian Army has described as “most regrettable,” its earlier statement which claimed  that all NNPC staff abducted by Boko Haram last week had been rescued. It could be recalled that after the assertion by the military, fresh media reports said 48 corpse were in fact recovered.By Saturday the death toll had reportedly  risen higher, …

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Troops Rescue All Kidnapped NNPC Staff, Recover 10 Corpses

Nigeria’s Army Headquarters has said troops have rescued all NNPC staff   reportedly kidnapped by Boko Haram terrorists in Bono state. Army Spokesman,Brigadier General Sani Usman also said  troops have so far “recovered  the corpses of the Officer, 8 soldiers and a civilian  who have been  evacuated to 7 Division Medical Services and Hospital.” Earlier reports …

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UBA Insists ‘All NNPC/NLNG Dollar Deposits Fully Remitted’

The United Bank for Africa, UBA has  reacted to a court order  “directing that seven (7) commercial banks, including UBA Plc, temporarily remit a total of $793,200,000 allegedly hidden in contravention of the Federal Government’s Treasury Single Account policy” UBA said contrary to the court order, it has fully remitted all NNPC/NLNG dollar funds appropriately. …

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TSA: NNPC Denies Hidden Accounts, Says Bank Balance $231.8m Not $793.2m

The Management of the Nigerian National Petroleum Corporation, NNPC on Friday provided an informed perspective to the trending media report alleging that the Corporation colluded with some banks to prevent the remittance of $793.2m into the Treasury Single Accounts, (TSA), scheme as directed by the Federal Government. The NNPC in a release by its Group …

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Daily Gas Supply to Power Plants Increases by 64 Per Cent

The average national daily gas supply to the nation’s power plants has risen by 64 per cent, the Nigerian National Petroleum Corporation (NNPC) Financial and Operations Report for May 2017 released today in Abuja has said. The average Natural Gas supply to power plants of 729 million standard cubic feet of gas per day (mmscfd) …

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NNPC Collaborates with Halliburton for Oil Search in Inland Basins

A new vista has been added to the ongoing search for commercial hydrocarbon in the inland sedimentary basins by the Research and Development Division of the Nigerian National Petroleum Corporation (NNPC), following ongoing collaboration with the US based Halliburton Corporation to achieve the exact location of viable crude oil deposits. Group General Manager in charge …

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NNPC Refineries Meet 60% of Domestic Kerosene Consumption

Ahead of the 2019 target date for the cessation of petroleum products importation by the Federal Government, the Nigerian National Petroleum Corporation (NNPC) has announced that its three refineries in Port Harcourt, Warri and Kaduna now supplied 60 per cent of Dual Purpose Kerosene (DPK), popularly known as kerosene, consumed in the country. Speaking at …

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