The Nigerian Army has admitted that it never rescued members of the oil exploration team and staff of the University of Maiduguri, who were abducted by Boko Haram in Yesu district, Magumeri Local Government Area of Borno State on Thursday. The admission was made in a statement issued by Brigadier-General SK Usman, Director, Army Public Relations.… (0 comment)

Governor Kashim Shettima of Borno State has described attacks by Boko Haram on geologists and exploration staff working for the Nigerian National Petroleum Corporation (NNPC) and the University of Maiduguri as a tragic setback in the fight against the Islamist terror group as well as in efforts to boost Nigeria’s economy.  Earlier today, Governor Shettima’s spokesman, Isa Gusau, issued a statement regarding the governor’s serious concerns about the attacks. The statement… (0 comment)

The Nigeria National Petroleum Corporation (#NNPC) has been scraped by the Senate. This is following the passage of the controversial Petroleum Industry Governance Bill (PIGB). It was gathered that the Senate had on Thursday May 25, considered and passed the much talked about PIGB, after its clause by clause consideration. In place of NNPC, the… (0 comment)

NNPC To Resume Oil Exploration In The Chad Basin Within The Next Six Weeks
The Nigerian National Petroleum Corporation (#NNPC) hinted yesterday that it will resume oil exploration activities in the #Chad Basin within the next six weeks. It said with the military conquest of former enclaves of the Boko Haram insurgents, the coast was now clear for oil exploration in the area. The NNPC added that the resumption,… (0 comment)

FG Recovers N23.4 billion In Sterling Bank Plc, N9.08 billion In First Bank Plc And $5m In Access Bank Plc Diezani Alison-Madueke Stashed
Finally the Federal Government has started recovering money from #Diezani Alison-Madueke‘s accounts. A report by The Cable indicates that former minister of petroleum, Diezani Alison-Madueke, today temporarily forfeited $153.3 million to the federal government. This was sequel to an order by a federal high court in Lagos. According to the Economic and Financial Crimes Commission… (0 comment)

NNPC To Commence Production Of Aviation Fuel In Port Harcourt
As part of the management of Port Harcourt Refining Company (PHRC) has announced its readiness to commence the production of Aviation Turbine Kerosene (ATK) popularly known as #aviation fuel. This part of efforts the Nigerian National Petroleum Corporation (#NNPC), to reposition company for profitability in line with the 12-point agenda. The Managing Director of PHRC,… (0 comment)

NNPC Increases Fuel Pump Price… See New Price
NNPC has done it. This I know would shock you. The rumor has been making waves but they have always shutdown. Now it is confirmed. NNPC will no longer sell fuel at N141 per liter. The Nigerian National Petroleum Corporation (NNPC) has increased the price of petrol at its retail outlets by N4 from N141… (0 comment)

Suspected militants have attacked ‎a gas pipeline at Ogijo community in #Ogun state. According to residents of the community, some men who disguised as officials of the Nigerian National Petroleum Corporation (#NNPC), came into their community on Tuesday July 12th pretending to carry out repairs on the gas pipeline.‎ After they left, a loud explosion… (0 comment)

#Minister of State for Petroleum Resources, #Ibe Kachikwu told newsmen after FG and Niger Delta Region Stakeholders met that the Stakeholders have agreed to work with the Federal Government to stem out #pipeline vandals from Niger Delta region. The Federal Government and stakeholders from the Niger Delta region have resolved to work together to stop… (0 comment)
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