…As Nigerians criticise FG …Independent marketers sell at N950/litre …NNPC lacks funds needed to rebuild nation’s ageing pipelines — Minister By our correspondents The Nigerian National oil company, NNPC Ltd has opened up on a $6 billion debt owed fuel…
Nigeria’s national oil company, the Nigerian National Petroleum Company Limited (NNPC Ltd.) has commenced exportation of Liquefied Natural Gas (LNG) to Japan and China. The shipment which is delivered on Ex-Ship (DES) basis is in line with its strategic vision…
By Seun Ibiyemi The Dangote Petroleum Refinery and other domestic refineries have accused the state oil company, Nigerian National Petroleum Company Ltd (NNPC Ltd) of not complying with the Federal government’s directive to sell crude to them in Naira. The…
The National Assembly has thrown its weight behind NNPC Ltd’s ongoing efforts to boost Nigeria’s crude oil production and grow its reserves, saying it will consider stiffer consequences for crude oil thieves and vandals of the nation’s critical hydrocarbon infrastructure.…
By our Correspondents The Nigerian National Petroleum Company Limited (NNPC) has blamed delay in procurement and inaction of operators in the industry as contributing factors to the company’s crude oil production woes. This is as the country has been struggling…
By Esther Agbo and Opeyemi Abdulsalam The Nigerian National Petroleum Company (NNPC) Limited signed an agreement with TotalEnergies for the final investment decision (FID) on the Ubeta Field Development Project. The memorandum of understanding (MoU) was signed on Thursday in…
The Nigerian National Petroleum Company Limited (NNPC Ltd) has filed a motion to discontinue its lawsuit against Mobil Nigeria subsidiaries and the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) in the High Court of the Federal Capital Territory, Abuja. The motion…
….Eyes FID before Dec 2024 ending In furtherance of its commitment to monetise Nigeria’s vast natural gas resources, the NNPC Limited has executed a Project Development Agreement (PDA) with Golar LNG for the deployment of a Floating Liquefied Natural Gas…
By Opeyemi Abdulsalam The Nigerian National Petroleum Company Limited (NNPC Ltd.) has denied allegations of inflating subsidy claims by N3.3 trillion, describing the report as “ridiculous” and “products of febrile imagination.” In a statement signed by Chief Corporate Communications Officer,…
The NNPC Ltd has bagged certification of the International Ship and Port Facility Security (ISPS) Code Compliance from the Nigerian Maritime Administration and Safety Agency (NIMASA). NNPC’s Executive Vice President, Business Services, Mr. Inuwa Danladi, disclosed this while speaking on…
