Weekly Review: NNPC Prioritizes Safety, Partners Fire Service

the Nigerian National Petroleum Corporation (NNPC) started its weekly activities with its subsidiary, the NNPC Trading Company partnering with the federal fire service to ensure safety in operations. According to the Corporation, this is in compliance with the goal zero initiative of the NNPC safety policy to ensure security of lives of employees and the…

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NETCO posts N3.37bn Profit, Declares N400m Dividend For 2020

the National Engineering and Technical Company (NETCO), a subsidiary of the Nigerian National Petroleum Corporation (NNPC), has reported a profit before tax of N3.37 billion for the year ended Dec. 31, 2020. The News Agency of Nigeria (NAN) reports that Mr Adeyemi Adetunji, Chairman, Board of Directors, NETCO, made the disclosure on Thursday at the…

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Prepaid Meter: Agency Tasks Nigerians to Monitor Installation

The Nigerian Electricity Management Services Agency (NEMSA), has charged Nigerians to ensure that all the meters being installed in their home or public places are in line with the approved metering code. The Managing Director and Chief Electrical Inspector of the Federation, Mr. Peter Ewesor, gave the charge at a seminar organized by the Bureau…

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OPEC Sets Date for Crude Oil Production Increase

The Organization of Petroleum Exporting Countries and its allies known as OPEC+ have decided to adjust upwards their overall production by 0.4 million barrels per day (mbd). The decision was taken at the end of the 19th OPEC and non-OPEC Ministerial Meeting on Sunday. A statement issued after the meeting said the upward adjustment would…

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