By Seun Ibiyemi President Bola Tinubu has made significant changes at the Nigerian National Petroleum Corporation Limited (NNPC Ltd.), appointing a fresh leadership team to help strengthen the company’s operations and improve its prospects for growth. These new executives are…
Nigeria’s national oil company, NNPC Limited on Thursday said it has begun the assessment of potential partners ahead of its Initial Public Offer at the Nigerian Stock Exchange, in line with the provisions of the Petroleum Industry Act. The company…
NNPC Limited has reaffirmed its dedication to ensuring that funds allocated under the Petroleum Industry Act (PIA) are efficiently utilised to drive tangible development in host communities. This commitment was underscored during a stakeholder engagement session with the KEFFESO Host…
By Seun Ibiyemi The Nigerian National Petroleum Company Limited (NNPC Ltd) has reported that Nigeria secured approximately $17 billion in foreign investment in 2024, attributing the inflows to major regulatory reforms and executive orders introduced by President Bola Ahmed Tinubu…
By Mathew Dennis The Nigerian National Petroleum Company Limited (NNPC Ltd) has denied reports alleging that it has unilaterally stopped supplying crude oil to Dangote Refinery under the Naira crude contract. In a statement issued on Monday, NNPC Ltd’s Chief…
…Signs Landmark agreement with Ssonic Petroleum Ltd to Supply 80mmscf/d The NNPC Gas Marketing Ltd, a subsidiary of the NNPC Ltd, and its Unincorporated Joint Venture partner, NIPCO Gas Ltd, have executed a Gas Sale and Purchase Agreement (GSPA) with…
The Nigerian National Petroleum Company Ltd. (NNPCL) has partnered Benjamin Olowojebutu Foundation (BOF) to enhance healthcare infrastructure and access to quality care in the country. The Chief Upstream Investment Officer, NNPC, Oluwaseyi Omotowa said this during the handover of medical…
The Nigerian National Petroleum Company Limited (NNPC Ltd.) and First Exploration and Petroleum Development Company Ltd. (First E&P) Joint Venture (JV) has achieved 96 per cent reduction in routine flaring of Associated Gas (AG). Mr Mele Kyari, Group Chief Executive…
A Federal High Court in Abuja on Thursday, fixed Feb 5 to hear the Nigeria National Petroleum Company Limited (NNPCL)’s preliminary objection against a suit filed by Dangote Petroleum Refinery and Petrochemicals FZE over oil import licence dispute. Justice Inyang…
The Federal Government on Thursday began the construction of five Mini Liquefied Natural Gas (LNG) Plants in Ajaokuta, Kogi State. The plants are to facilitate rapid access to gas to deepen its utilisation among Nigerians. The plants are being developed…
