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Nigeria: ExxonMobil, NNPC Pact ‘ll be Profitable Under new GMD

Exxonmobil Chairman and Managing Director in Nigeria Mr. Paul McGrath is optimistic that its pact with the Nigerian National Petroleum Corporation (NNPC) will be fruitful under the Mallam Mele Kyari-led management.

Nigeria: Rehabilitation in PH Refinery Still Ongoing – NNPC

The Nigerian National Petroleum Corporation (NNPC) has said that the rehabilitation of the two Port Harcourt Refineries were still ongoing. Mr Ndu Ughamadu, the Group General Manager, Group Public Affair Division disclosed this to News Agency of Nigeria (NAN), in Abuja, on Monday.

Oil Projects in Nigeria Getting More Challenging – NNPC

The Nigerian National Petroleum Corporation said on Monday that it had become increasingly difficult to make investment decisions in oil and gas projects in Nigeria.

Nigeria: NNPC Explains Increase in Price of Kerosene

The Nigerian National Petroleum Corporation (NNPC) has attributed the increased in the price of household Kerosene in the country to the pressure of demand and supply.

Nigeria: NNPC not Competing with Dangote Refinery – GMD

The Group Managing Director of the Nigerian National Petroleum Corporation(NNPC), Mele Kyari, on Wednesday said that the national oil company was not in contest for market share with the Dangote refinery. He said the NNPC was rather providing support to the promoters of the project to boost in-country refining capacity.

Nigeria: Petrol Imports Rise by 1.2 billion Litres

The volume of Premium Motor Spirit, popularly known as petrol, imported by the Nigerian National Petroleum Corporation increased by 1.18 billion litres within two months, latest figures obtained from the oil firm have indicated.

Nigeria: Refineries Post losses in 13 Months

Nigeria’s four refineries under the management of the Nigerian National Petroleum Corporation have not made any profit since May 2018

Nigeria: NNPC Promises 90% Pipeline Recovery after Repairs

The Nigerian National Petroleum Corporation (NNPC) has said it will maintain current efforts to revamp Nigeria’s downstream oil and gas infrastructure and ensure there is at least 90 per cent pipeline availability.

Nigeria: Federal Govt Spends N851.4bn on JV Oil Assets

The Federal Government, through the Nigerian National Petroleum Corporation, spent a total of N851.38bn ($2.79bn) on joint venture oil and gas assets in the first five months of 2019.

Nigeria: Fuel Subsidy Hits N206.6bn in Two Months

Within a space of two months, the amount that was spent by the Nigerian National Petroleum Corporation in subsidising Premium Motor Spirit, popularly known as petrol, rose by over 1,174 per cent; latest figures obtained from the corporation on Thursday have shown.