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NNPC Limited is the only entity licensed to operate in the country's petroleum industry. It partners with foreign oil companies to explore Nigeria's fossil fuel resources. The NNPC, with an asset of $153B (USD), is the largest national oil company in Africa.
The company is a subsidiary of the Nigerian National Petroleum Corporation (NNPC). [ 3 ] Located in Alesa Eleme just to the southeast of Port Harcourt , the company operates two oil refineries, including an old plant commissioned in 1965 that can process 60,000 barrels (9,500 m 3 ) per stream day, as well as the new plant commissioned in 1989 ...
Aiteo owns and operates two on-shore storage depots that have a vast reservoir that can supply all of Nigeria’s needs for many days. Its Port Harcourt Storage Depot on Abonnema Island also has a jetty that enables large vessels to dock. It is the largest and most technically advanced storage facility outside Lagos.
In this article, I’m going to take a look at N1 Holdings Limited’s (ASX:N1H) latest ownership structure, a non-fundamental factor which is important, but remains a less discussed subject ...
Every investor in Infigen Energy Limited (ASX:IFN) should be aware of the most powerful shareholder groups. Large companies usually have institutions as shareholders, and we usually see insiders ...
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Mele Kolo Kyari OFR (born 8 January 1965) is a Nigerian geologist, crude oil marketer and 1st Group Chief executive officer (GCEO) of the Nigerian National Petroleum company limited (NNPC Limited). Before this appointment, Kyari was the Group General Manager, Crude Oil Marketing Division of the NNPC and the Nigerian National Representative at ...
The big shareholder groups in Pioneer Distilleries Limited (NSE:PIONDIST) have power over the company. Institutions often own shares in more established companies, while it's not unusual to see ...