Latest news in nnpc
Here are some of the latest news updates from the Nigerian National Petroleum Corporation (NNPC):
1. 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)
2. NNPC to Invest N1.5 Trillion in New Projects
The NNPC has announced plans to invest N1.5 trillion in new projects 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)
3. NNPC to Partner with International Oil Companies (IOCs) on New Projects
The NNPC has announced plans to partner with IOCs on new projects aimed at increasing the country's oil production capacity and improving the efficiency of its operations. The corporation has signed agreements with several IOCs, including Shell, ExxonMobil, and Chevron, to develop new oil fields and upgrade existing infrastructure. (Source: The Nation)
4. NNPC to Increase Gas Supply to Power Sector
The NNPC has announced plans to increase gas supply to the power sector to address the country's power crisis. The corporation has signed agreements with several gas producers to increase gas supply to the power sector, which is expected to improve power generation and distribution. (Source: Leadership)
5. NNPC to Implement New Fuel Pricing Regime
The NNPC has announced plans to implement a new fuel pricing regime aimed at reducing the cost of fuel in the country. The new regime is expected to reduce the cost of fuel by N10 per liter, making it more affordable for Nigerians. (Source: Punch)
6. NNPC to Invest in Renewable Energy
The NNPC has announced plans to invest in renewable energy as part of its efforts to reduce its carbon footprint and promote sustainable development. The corporation has signed agreements with several renewable energy companies to develop solar and wind power projects in the country. (Source: Daily Trust)
7. NNPC to Implement New Procurement Policy
The NNPC has announced plans to implement a new procurement policy aimed at promoting transparency and accountability in its procurement processes. The new policy is expected to reduce corruption and improve the efficiency of the corporation's procurement processes. (Source: The Guardian)
These are some of the latest news updates from the NNPC. I hope this information is helpful.