…As Nigeria’s LPG Storage Capacity Hits 69,900mt In the latest development, Nigeria’s total storage capacity for liquefied petroleum gas (LPG), has increased to 69,900 MT, as Techno Oil Limited unveiled its new automated LPG terminal at Kirikiri in Apapa, Lagos recently. Prior to Techno Oil’s addition of its 8,400 MT […]
Tag: NNPC
Senate Lauds NNPC on Gas Projects, Financial Audit Report
The Senate Committee on Gas has commended the Nigerian National Petroleum Corporation (NNPC) on the various gas development projects it has undertaken, especially the Ajaokuta- Kaduna- Kano (AKK) gas pipeline project. Speaking during the 2021 Budget Defence and Performance Appraisal meeting with officials of the Corporation which held at the […]
ENERGY HOUSE DOES NOT BELONG TO NICON INVESTMENT LIMITED, NOR BARRISTER JIMOH IBRAHIM NOR ANY PERSON OR ENTITY CONNECTED TO HIM OR TO THE LAWSUIT – FIRMS
Ladico Industrial Company Limited and International Energy Services Limited, have kicked against the attempt by the Asset Management Company of Nigeria (AMCON), to take possession of the building, popularly known as Energy House, located at 90, Awolowo Road, Ikoyi, Lagos, Nigeria. In a statement obtained by www.dodondawa.com from Seye Ayandele, […]
NNPC RESTATES COMMITMENT TO GROWING NATION’S HYDROCARBON RESERVES
The Nigerian National Petroleum Corporation (NNPC) has reiterated its resolve to grow the nation’s hydrocarbon reserves to 40billion barrels through reinvigorated exploratory activities in the inland frontier basins across the country. Group Managing Director of the Corporation, Mallam Mele Kyari, stated this while delivering a goodwill message at the opening […]
NNPC Shines at NSE Fellowship Award with COO, Upstream, 6 Staff Inducted
The Nigerian National Petroleum Corporation was the centre of attraction at the Nigerian Society of Engineers’ (NSE) fellowship award ceremony with the Corporation bagging a Special Recognition Award and seven of its staff, including the Chief Operating Officer, Upstream, Engr. Adokiye Tombomieye, conferred with the prestigious Fellowship award. The Special […]
NNPC BOOSTS POWER GENERATION BY 2,538MW IN AUGUST
…Posts $139.50Million Crude Oil & Gas Export Sales The Nigerian National Petroleum Corporation (NNPC) has said that it supplied 727 Million Standard Cubic Feet per day (mmscfd) of natural gas for power generation to the country in the month of August, 2020, an equivalent of 2,538MW of power. This represents […]
FG Says No More Fuel Subsidy
The Federal Government said it will not reverse the new approach of selling petroleum according to prevailing global market as it does not bhave the financial capacity to subsidize the cost of premium motor spirit (PMS) otherwise known as petrol. Minister of State for Petroleum Resources, Chief Timipre Sylva, disclosed […]
NNPC records 19% increase in gas to power supply increase in April
The Nigerian National Petroleum Corporation (NNPC) Thursday in Abuja announced an increase of 19.14 per cent in the average daily natural gas supply to power plants which translates to 788millon standard cubic feet of gas per day (mmscfd), equivalent to power generation of 2,873MW. The NNPC, in a release by […]
NNPC Produces 218.37billion Cubic Feet (BCF) of Natural Gas in March
Nigerian National Petroleum Corporation (NNPC) has said that 218.37billion Cubic Feet (BCF) of natural gas was produced in March 2020, translating to an average daily production of 7493.65Million Standard Cubic Feet per Day (mmscf/d). This was contained in NNPC Monthly Financial and Operations Report for March, 2020, a release by […]
NNPC to diversify into power, medical, real estate portfolios
Olatunde Dodondawa As part of measures to cope with the boom and bust cycle in the global crude oil market and to sustain revenue generation for the Country, the Nigerian National Petroleum Corporation (NNPC) said it is firming up a bouquet of business portfolios in the power, medical, housing and […]