#nnpc – BUSINESS ECHO MAGAZINE

We Will Provide Energy Today And Will Do Tomorrow, Says Mele Kyari

NNPC Adopts New Strategy To Track Crude Oil Thieves

The Nigerian National Petroleum Company Limited (NNPC Ltd.) made a giant step toward tackling the disturbing issue of crude oil theft and damage to its operational...

PETAN Unveils First Locally Fabricated 2000 Tonnes Wellhead Platform

Energy1 month ago

PETAN Unveils First Locally Fabricated 2000 Tonnes Wellhead Platform

By John Meze The Petroleum Technology Association of Nigeria (PETAN) Doorman Long Engineering has, locally, completed the fabrication of load out of 2000 tonne MADU CSP...

Oil & Gas2 months ago

Nigeria Loses $2 billion Monthly To Oil Vandals, Says NNPC

Olushola Okunlade Writes Nigerian National Petroleum Company (NNPC) Limited has disclosed that the country loses about $2 billion monthly to the activities of oil vandals, with...

Energy2 months ago

President Buhari, Ahmad Lawan, Mele Kyari, And Others Unveils New NNPC

Rashidat Olushola Okunlade Writes President Muhammadu Buhari on Tuesday unveiled the new Nigerian National Petroleum Company Limited, a landmark event that officially changes the oil firm from...

NNPC, marketers begins 24-hour depot, retail outlet operations to end fuel scarcity

Oil & Gas4 months ago

Nigeria Produces 78 Percent Of OPEC Oil Quota In April – NNPC

…”there have been challenges limiting the country from making the much-desired progress” – Komolafe Olushola Okunlade Writes Nigeria’s oil production in April 2022 averaged 1.354 million...

Energy4 months ago

NNPC Plans To End Petroleum Products Diversion Begin

The Nigerian National Petroleum Company Limited (NNPC Ltd.) started its activities for the new week with a meeting with major marketers of petroleum products in the...

Governor, Central Bank of Nigeria (CBN), Mr Godwin Emefiele, on Monday said the management of the apex bank would soon be meeting with the Nigerian National Petroleum Company Limited (NNPC) and the Ministry of Finance Budget and National Planning to work out ways of immediately resolving the fuel scarcity imbroglio, now impacting prices of goods and services. Emefiele, who stated this at the 141th Monetary Policy Committee (MPC) meeting in Abuja, also said that the members of the policy committee voted to retain all monetary policy parameters, including the Monetary Policy Rate (MPR) at 11.5 per cent; asymmetric corridor of +100/-700 basis points around the MPR; the CRR at 27.5 per cent; and Liquidity Ratio at 30 per cent. Become a partner with USA companies, promote their offers and get paid in US Dollars weekly, Nigerians are earning about $465 weekly. Click here to see how you too can get paid . According to Emefiele, the Russia-Ukraine crisis has dealt a devastating blow on the energy sector, leading to supply shortages across the globe. He said the MPC was particularly worried about the rising crude oil theft in Nigeria, which is worsening the energy crisis and preventing Nigeria from meeting it’s production quota. 100% Natural Herbs to Finally End Premature Ejaculation, Weak Erection and Small Manhood. >>>Click Here for Details

Oil & Gas6 months ago

CBN To Meet NNPC, Finance Ministry Over Fuel Scarcity

…Laments oil theft …Holds policy parameters unchanged The Central Bank of Nigeria (CBN)’s Governor, Mr. Godwin Emefiele, on Monday said the management of CBN would soon...

‘There’s Sufficient Petrol’, Don’t Panic To Buy, Says NNPC

Energy7 months ago

Fuel Scarcity: NNPC Unveils Distribution Details Of 387.5m Litres Of Petrol

Olushola Okunlade Writes Following the withdrawal of methanol-blended petrol imported into the country about a month ago, the Nigerian National Petroleum Company(NNPC) has released details of how...

Oil & Gas7 months ago

Fuel Crisis: 5 NNPC Depots In SouthWest Out Of Stock

…As Ilorin, Ibadan, Others Affected Five Nigerian National Petroleum Company (NNPC) owned depots are currently out of Premium Motor Spirit (PMS) known as petrol, findings by...

Oil & Gas7 months ago

We’ll Handle Erring PMS Suppliers, House Committee On Petroleum Tells Nigerians

…As NNPC CEO Assures Fuel Queues Will Vanish in Few Days Olushola Okunlade Writes The Chairman, House of Representatives Committee on Petroleum (Downstream), Hon. Abdullahi Mahmud Gaya...