By Seun Ibiyemi With the loan of $300million, which was used to acquire oil blocks from Chevron Corp, Nigerian National Petroleum Company Limited (NNPCL) is to supply 8,000 barrels of crude per day for four to five years. Bahamas-registered Bestaf…
The Group Chief Executive Officer of the Nigerian National Petroleum Company Ltd, Mele Kyari on Thursday led top officials of the National Oil Company and other stakeholders on an inspection tour of the N621 billion road projects being implemented by…
The Nigeria-Morocco Gas Pipeline Project (NMGP) has attained another milestone following the signing of a Memorandum of Understanding (MoU) on the project by Nigeria, Morocco and five West African Countries. The Nigeria National Petroleum Company Limited (NNPC Ltd), Morocco’s ONHYM…
The Independent Petroleum Marketers Association of Nigeria has disassociated itself from the current scarcity of the Premium Motor Spirit, also known as petrol, which is ravaging the country. IPMAN, in a statement signed by Ogun State Chairman, Mosinmi Depot, Femi…
Chevron Nigeria Ltd. (CNL) says 1.4 billion dollars financing has been secured to fund the Nigerian National Petroleum Corporation (NNPC)/CNL Joint Venture (JV) infill drilling project from 2022 to 2026. CNL’s, General Manager, Policy, Government and Public Affairs, Mr Esimaje…
Against the increasing fuel scarcity across the country, the Nigerian National Petroleum Company Limited (NNPC Ltd) says it has two billion litres of Premium Motor Spirit (PMS), popularly known as petrol, in stock. In a statement on Thursday, Mr Adeyemi…
The former General Manager of Corporate Planning and Business Development at the Nigerian National Petroleum Corporation (NNPC), Babajide Soyode, has urged the Federal Government to halt the fuel subsidy payment regime to end the persistent scarcity of the product. Soyode…
Security measures have been beefed up at the Kolmani River II Oil Field located at a border community between Bauchi and Gombe States for Presidential flag-off of the Kolmani Integrated Development Project. Newsmen reports that President Muhammadu Buhari will on…
…Unveils 4-km Oba Erinwole road, Sagamu Bankole Taiwo, Abeokuta Ogun State Governor, Dapo Abiodun, has disclosed the readiness of his administration to collaborate with the Nigerian National Petroleum Corporation (NNPC) to reconstruct the dilapidated Ogijo-Sagamu Road. Abiodun, who made this…
Yoruba Council of Youth Worldwide (YCYW), on Thursday tasked the Nigerian National Petroleum Corporation (NNPC) Ltd, on ending reoccurring fuel scarcity in the country. Aare Hassan, President-General, YCYW, said this at a news conference in Abuja. “I wrote a letter…
