News on nnpc

Here are some recent news updates on the Nigerian National Petroleum Corporation (NNPC):

1. NNPC Records N665.8 Billion Profit in 2020

The Nigerian National Petroleum Corporation (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 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)

3. NNPC to Partner with International Oil Companies (IOCs) on New Projects

The NNPC has announced plans to partner with international oil companies (IOCs) on new projects, aimed at increasing the country's oil production capacity and improving the efficiency of its operations. The corporation has already signed agreements with several IOCs, including Shell, ExxonMobil, and Total. (Source: The Guardian)

4. NNPC to Increase Gas Supply to Power Sector

The NNPC has announced plans to increase gas supply to the power sector, aimed at improving power generation and distribution in the country. The corporation has already increased gas supply to the power sector by 20% in the past year, and plans to increase it further in the coming years. (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 and improving the efficiency of its operations. The new regime will see the corporation setting a fixed price for fuel, rather than allowing it to be determined by market forces. (Source: Punch)

6. NNPC to Invest in Renewable Energy

The NNPC has announced plans to invest in renewable energy, aimed at reducing the country's reliance on fossil fuels and improving the efficiency of its operations. The corporation has already signed agreements with several companies to develop solar and wind power projects in the country. (Source: Daily Trust)

7. NNPC to Increase Transparency and Accountability

The NNPC has announced plans to increase transparency and accountability in its operations, aimed at improving the efficiency of its operations and reducing corruption. The corporation has already implemented several measures to increase transparency, including the publication of its financial statements and the establishment of an independent audit committee. (Source: The Nation)

These are just a few of the recent news updates on the Nigerian National Petroleum Corporation (NNPC).