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NNPC Reports N234.63Bn Revenue From Refined Products’ Sales In March

The Nigerian National Petroleum Corporation (NNPC) has reported that its downstream subsidiary, the Petroleum Products Marketing Company (PPMC), generated N234.63 billion revenue from the sale of white products in the month of March 2021, representing a 24.7% increase from the N188.15billion revenue recorded from products’ sales in the previous month. The figures were contained in […]

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NNPC, IPMAN Allay Consumers’ Fears Over Fuel Scarcity

The Nigerian National Petroleum Corporation (NNPC) and the Independent Petroleum Marketers Association of Nigeria (IPMAN) on Monday advised motorists and other fuel users in the country against panic buying as fuel queues resurfaced at the weekend to in Abuja and Lagos. Investigations by BRTNews.ng on the downstream market situation both in Lagos and Abuja showed […]

Budgeting Economy News Extra Latest News Oil & Gas Revenue

OPEC Quota Cut: NNPC To Explore Gas, Condensate To Boost Revenue

The Nigerian National Petroleum Corporation (NNPC) on Wednesday unveiled plans to focus more on increasing gas and condensate production as a strategic step towards boosting its revenue earnings in the months ahead. The move by the state-owned oil corporation to explore the gas and condensate resources option was sequel to the cut of Nigeria’s oil […]

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NNPC Reports $139.5Mn Crude Oil, Gas Exports Sale In August

The Nigerian National Petroleum Corporation (NNPC), has reported that in August this year earnings from its Crude Oil & Gas export sales rose to $139.50 million, representing an increase of 64.84 per cent compared to the previous month’s earnings. The state-owned petroleum company, stated in its August 2020 NNPC Monthly Financial and Operations Report (MFOR) […]