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The department became the MPR in 1975. In 1977, the Nigerian National Petroleum Corporation (NNPC) was formed by the decree 33 of 1977 through the merger of MPR and NNOC. It also, led to the creation of Petroleum Inspectorate, the industry regulator. In 1985, the MPR was carved out of NNOC while NNPC remains.
The Nigerian National Petroleum Company (NNPC) Limited is a state-owned oil company in Nigeria. Still a fully-owned government company, it was transformed from a corporation into a limited liability company in July 2022. [1] NNPC Limited is the only entity licensed to operate in the country's petroleum industry.
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 ...
In 1971, the Nigerian National Oil Corporation (NNOC) was created to handle direct commercial operational activities in the oil industry on behalf of the Federal Government. [4] However, the Department of Petroleum Resources in the Federal Ministry of Mines and Power continued to exercise statutory supervision and control of the industry.
Joseph Thlama Dawha (29 March 1954 – 4 August 2020) was a Nigerian administrative person appointed as the managing director of the Nigerian National Petroleum Corporation by president Goodluck Jonathan serving from August 2014 to 1 August 2015. [1]
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The Presidency on the other hand said the NNPC management team was sacked to strengthen the on-going reforms in the organization. [ 9 ] On 3 February 2017, a huge amount of cash ( USD 9.8 Million and GBP 72,000) was found in a residence belonging to him in the city of Kaduna , Nigeria by operatives of the Economic and Financial Crimes ...
Bonny Gas Transport is a subsidiary of Nigeria LNG or NLNG which itself is an incorporated joint-venture of Nigerian National Petroleum Corporation (NNPC), Shell Gas B.V., TotalEnergies Gaz & Electricite Holdings and Eni International N.A. N. V. S.àr.l. It owns and operates a number of LNG tankers. [2]