Browsing: NNPC
Oil slips below $45 on-demand concerns, set for weekly rise. Oil dipped below $45 a barrel
Brent Crude Price Drops 0.4 Percent on COVID-19 Concern
Oil prices climb on improve demand in United States. Oil prices rose on Wednesday after an industry report showed crude stockpiles in the United States staged a bigger drop than expected, suggesting demand is improving even as the coronavirus outbreak spreads around the world.
Compensation Plans for Oil Cut: OPEC+ sets Deadline for Nigeria, Others. For failure to comply fully with oil output cut, the Organisation of Petroleum Exporting Countries (OPEC+) has set June 22 as deadline for non-compliant member on the oil output cut to submit their compensation plans.
Brent Crude Price Drops Ahead of OPEC Technical Meeting. Ahead of schedule meeting of the Oil cartel, the price of crude dropped this morning amidst fear of second wave of coronavirus in China.
President Buhari reconstitutes NNPC Board. President Muhammadu Buhari has approved the reconstitution of the Board of the Nigerian National Petroleum Corporation (NNPC). This President made the call after the expiration of the term of the board members appointed in 2016.
NNPC declares N5.20 billion trading surplus| The Nigerian National Petroleum Corporation (NNPC) www.nnpcgroup.com has said that it made ₦5.20 billion trading surplus for the month of August. Compare with July, 2019 this translate to a 22% increase from ₦4.26 billion.