Current news about nnpc
Here are some current news updates about the Nigerian National Petroleum Corporation (NNPC):
- NNPC Records N665.8 Billion Profit in 2020: The NNPC has announced a profit of N665.8 billion in 2020, a significant increase from the N212.8 billion recorded in 2019. The corporation attributed the increase to improved crude oil prices and increased revenue from its downstream operations. (Source: Vanguard News)
- NNPC to Invest N1.5 Trillion in New Projects: The NNPC has announced plans to invest N1.5 trillion in new projects in the next three years, aimed at increasing the country's oil production capacity and improving the efficiency of its operations. The projects include the development of new oil fields, upgrading of existing infrastructure, and the construction of new refineries. (Source: ThisDay Live)
- NNPC to Partner with International Oil Companies (IOCs) on Gas Development: The NNPC has announced plans to partner with IOCs to develop the country's gas resources, with a view to increasing gas production and reducing the country's reliance on imported gas. The partnership is expected to create new jobs and stimulate economic growth. (Source: The Guardian Nigeria)
- NNPC to Increase Fuel Supply to Address Shortage: The NNPC has announced plans to increase fuel supply to address the current shortage of petroleum products in the country. The corporation has also assured that it is working to resolve the issues affecting the supply of fuel to the country. (Source: Premium Times)
- NNPC to Implement New Fuel Pricing Formula: The NNPC has announced plans to implement a new fuel pricing formula, which is expected to reduce the cost of fuel to consumers. The new formula is expected to take into account the cost of production, transportation, and other factors that affect the price of fuel. (Source: Leadership Newspaper)
- NNPC to Invest in Renewable Energy: The NNPC has announced plans to invest in renewable energy, with a view to reducing the country's reliance on fossil fuels and mitigating the impact of climate change. The corporation has identified solar and wind power as potential areas of investment. (Source: BusinessDay Nigeria)
- NNPC to Partner with Local Universities on Research and Development: The NNPC has announced plans to partner with local universities on research and development, with a view to improving the country's oil and gas industry. The partnership is expected to create new jobs and stimulate economic growth. (Source: The Punch Nigeria)
These are some of the current news updates about the Nigerian National Petroleum Corporation (NNPC). The corporation is playing a crucial role in the country's economy, and its activities have a significant impact on the lives of Nigerians.