NNPC news

The Nigerian National Petroleum Corporation (NNPC) is a Nigerian oil company, using that local authorities implement, manage and monitor petroleum operations within the country.

The NNPC was created on April 1, 1977 as a profitable result of successful combining two largest significant organizations: the Nigerian National Oil Corporation and the Federal Ministry of Mines and Steel. In addition, at the legislative level it completely coordinates general public corporation and international global enterprises, such as Texaco, ExxonMobil, Agip, Royal Dutch Shell and Chevron. By the way, the head office of the NNPC is located in Abuja, the enormous building resembles the four beautiful similar symmetrical towers.

It is worth to notice, that the strict structure of the company is composed of the Board, the Group Managing Director's office, Eight Directorates. Moreover, every department is managed by a special director. Among these departments the bodies, which are connected with quest for oil , processing of raw materials, preparation of investment projects, finances and costs, the gas and the energy industry, engineering designs and business expansion could be mentioned. However, the NNPC has its own branches, two partially subsidiary enterprises and 16 associated firms.

Don’t hesitate reading our news on this topic on naij.com.

NNPC set to select financiers for refineries

NNPC set to select financiers for refineries

NNPC set to select financiers for refineries
NNPC is to blame for current fuel scarcity - Senate

NNPC is to blame for current fuel scarcity - Senate

The Senate committee on petroleum downstream has blamed the NNPC for the current fuel scarcity across the country. Chairman of the committee, Senator Kabiru Marafa, says there is short supply of petroleum products at NNPC depots.

NNPC is to blame for current fuel scarcity - Senate
Nigerians won’t go into New Year with petrol scarcity - NNPC vows

Nigerians won’t go into New Year with petrol scarcity - NNPC vows

The group managing director of the Nigerian National Petroleum Corporation (NNPC), Maikanti Baru, while speaking with journalists in Abuja vowed that Nigerians will not go into 2018 with the scarcity of petroleum products.

Nigerians won’t go into New Year with petrol scarcity - NNPC vows
Everything you need to know about fuel crises in Nigeria from the year 1977 to the present (video)

Everything you need to know about fuel crises in Nigeria from the year 1977 to the present (video)

Fuel crises, without doubt, has been a reoccurring issue in Nigeria despite the country being an an producing state. But over the years, Nigerians had gone through hardships as a result scarcity of the product.

Everything you need to know about fuel crises in Nigeria from the year 1977 to the present (video)
You are all wicked - Baru blasts oil marketers over fuel scarcity

You are all wicked - Baru blasts oil marketers over fuel scarcity

Group managing director of NNPC Dr Maikanti Baru, on Friday, December 29 said “the pains inflicted on Nigerians by marketers during yuletide was callous.” He said eight more ships with petroleum products berthed various ports.

You are all wicked - Baru blasts oil marketers over fuel scarcity
Disaster averted as car explodes at NNPC mega station in Port Harcourt

Disaster averted as car explodes at NNPC mega station in Port Harcourt

A Toyota Camry car exploded at the Port Harcourt mega station of the NNPC after fuel was dispensed into an extra inbuilt tank in the car. The incident made the station to temporarily suspend the sale of products at the station.

Disaster averted as car explodes at NNPC mega station in Port Harcourt
Just In: NEITI releases audit report, says NNPC must account for N5.15 trillion

Just In: NEITI releases audit report, says NNPC must account for N5.15 trillion

The report showed that total outstanding revenue from the sector as at 2015 stood at about $3.7 billion and N80 billion, with losses incurred at $2.2 billion and N60 billion, while unreconciled revenues amounted to about N317bn.

Just In: NEITI releases audit report, says NNPC must account for N5.15 trillion
Confusion as oil marketers clash with NNPC, disagree over N27bn debt claim

Confusion as oil marketers clash with NNPC, disagree over N27bn debt claim

Oil marketers under the aegis of Depot and Petroleum Products Marketers Association (DAPPMA) and Major Oil Marketers Association of Nigeria (MOMAN) have clashed with the NNPC over the current fuel scarcity crisis in the country.

Confusion as oil marketers clash with NNPC, disagree over N27bn debt claim
Minister of petroleum, Ibe Kachikwu becomes victim of fake news

Minister of petroleum, Ibe Kachikwu becomes victim of fake news

Our attention has been drawn to a message making the rounds on social media of a purported memo by the Honorable Minister of State for Petroleum Resources, Dr. Emmanuel Ibe Kachikwu to the President on the fuel crises.

Minister of petroleum, Ibe Kachikwu becomes victim of fake news
Fuel station sealed for hoarding 39,000litres and selling at N240 in Abuja

Fuel station sealed for hoarding 39,000litres and selling at N240 in Abuja

The Joint Task Force (JTF) on a visit to some filling stations in Abuja sealed off some of them for selling above the authorised pump price.The NNPC group made this know on their official twitter page on Thursday, December 28.

Fuel station sealed for hoarding 39,000litres and selling at N240 in Abuja
NNPC boss explains cause of fuel scarcity (video)

NNPC boss explains cause of fuel scarcity (video)

The GMD of the Nigerian National Petroleum Corporation, Maikanti Baru, claimed fuel scarcity was caused by the purported rumour of fuel price increase.

NNPC boss explains cause of fuel scarcity (video)
Fuel scarcity is economic terrorism - Group says, calls for sack of NNPC GMD

Fuel scarcity is economic terrorism - Group says, calls for sack of NNPC GMD

A civil rights group has accused the Nigerian National Petroleum Corporation of constituting to economic sabotage in Nigeria. The group said the NNPC is responsible for the ongoing fuel scarcity across Nigeria.

Fuel scarcity is economic terrorism - Group says, calls for sack of NNPC GMD
Petrol scarcity: Nigerians want heads to roll

Petrol scarcity: Nigerians want heads to roll

Nigerians have called on President Muhammadu Buhari to deal decisively with those responsible for the current scarcity of petrol on social media platforms.

Petrol scarcity: Nigerians want heads to roll
Our members’ depots are empty, petroleum marketers association says

Our members’ depots are empty, petroleum marketers association says

Depot and Petroleum Products Marketers Association (DAPPMA) on Tuesday, December 26, expressed concern over the inability of NNPC to distribute products.

Our members’ depots are empty, petroleum marketers association says
NNPC accused of causing fuel scarcity

NNPC accused of causing fuel scarcity

An oil and gas merchant, Capt Emmanuel Iheanacho, on Tuesday, December, 26, attributed the persistent scarcity of petrol to monopoly of the product by the NNPC.

NNPC accused of causing fuel scarcity
Fuel crisis to end in 2 days, Baru promises Nigerians

Fuel crisis to end in 2 days, Baru promises Nigerians

The managing director of NNPC, Baru, has promised Nigerians that the current fuel crisis being witnessed in the country will disappear in the next two days.

Fuel crisis to end in 2 days, Baru promises Nigerians
Buhari rejects marketers’ demand for price increase

Buhari rejects marketers’ demand for price increase

A subtle move by marketers for the federal government to increase fuel price appears to have failed as President Buhari is not disposed to the proposal.

Buhari rejects marketers’ demand for price increase
NNPC GMD issues directive to oil marketers, reveals cause of fuel scarcity

NNPC GMD issues directive to oil marketers, reveals cause of fuel scarcity

Group Managing Director (GMD) of the NNPC, Dr Maikanti Baru, has said that the corporation has enough products sufficiency that will last up to 30 days.

NNPC GMD issues directive to oil marketers, reveals cause of fuel scarcity
Spotlight on NNPC as 'ghost companies' lift crude oil worth N1.1trn in 10 months

Spotlight on NNPC as 'ghost companies' lift crude oil worth N1.1trn in 10 months

Some indigenous companies not registered by the Corporate Affairs Commission have lifted Nigerian crude oil grades valued at N1.1 trillion in the last 10 months

Spotlight on NNPC as 'ghost companies' lift crude oil worth N1.1trn in 10 months
House of Reps probe N6trn, $5.5bn non-remittances by NPDC

House of Reps probe N6trn, $5.5bn non-remittances by NPDC

House of Representatives Committee on Petroleum Resources, Upstream, yesterday started investigative hearing into the alleged non-remittance of over N6t.

House of Reps probe N6trn, $5.5bn non-remittances by NPDC
Fuel queues: NNPC releases 470 trucks of petrol to Lagos, Abuja

Fuel queues: NNPC releases 470 trucks of petrol to Lagos, Abuja

The Nigerian National Petroleum Corporation (NNPC) said it released 300 trucks of petrol to Lagos and 170 to Abuja, to stem long queues at filling stations.

Fuel queues: NNPC releases 470 trucks of petrol to Lagos, Abuja
Black marketers enjoy from fuel scarcity in Kaduna, sell at N350 per litre

Black marketers enjoy from fuel scarcity in Kaduna, sell at N350 per litre

Black marketers in Kaduna state are having a joyous time as a result of the increase in the price of petrol. Consequently, there were long queues of vehicles.

Black marketers enjoy from fuel scarcity in Kaduna, sell at N350 per litre
DPR sanctions 16 filling stations for selling fuel above N145 per litre

DPR sanctions 16 filling stations for selling fuel above N145 per litre

The Department of Petroleum Resources (DPR) said it had sealed at least 16 filling stations for the misdeed of selling petrol above N145 per litre pump price.

DPR sanctions 16 filling stations for selling fuel above N145 per litre
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