…Targets 5% increase in market share through EPC projects The NNPC Engineering and Technical Company (NETCO), a subsidiary of the Nigerian National Petroleum Company Limited (NNPC Ltd.), has announced a 137 percent increase in operating profits for the year 2023.…
The Nigerian National Petroleum Company (NNPC) Limited has disclosed that a settlement agreement has been signed for the divestment of ExxonMobil’s stake in Mobil Producing Nigeria Unlimited (MPNU) to Seplat Energy Plc. According to a statement on Thursday by the…
A tank farm which the Lagos Fire Service said belonged to the Nigerian National Petroleum Company Limited has caught fire in Apapa, Lagos State. A video of the fire incident surfaced on the social on Friday morning. But the…
The Nigerian National Petroleum Company Exploration and Production Limited (NNPC E&P Ltd.) and Natural Oilfield Services Ltd. (NOSL) have announced the successful commencement of oil production at Oil Mining Lease (OML) 13 in Akwa Ibom State. Mr. Olufemi Soneye, Chief…
The Nigerian National Petroleum Company Limited (NNPC Ltd.) and First Exploration & Production Limited (First E&P) Joint venture (JV) have donated N53 million to some NGOs in Nigeria. The NNPC Ltd. said the donation was part of its Corporate Social…
The Socio-Economic Rights and Accountability Project (SERAP) has initiated a lawsuit against the Nigerian National Petroleum Company (NNPC) Limited, citing the company’s inability to account for and clarify the location of the purported missing $2.04 billion and N164 billion in…
The Independent Marketers Association of Nigeria (IPMAN) says petrol availability has been erratic because of the small allocation currently allotted to its members by the Nigerian National Petroleum Corporation (NNPC). IPMAN National Vice-President, Alhaji Hammed Fasola, disclosed this in an…
The Independent Marketers Association of Nigeria (IPMAN) says petrol availability has been erratic because of the small allocation currently allotted to its members by the Nigerian National Petroleum Corporation (NNPC). IPMAN National Vice-President, Alhaji Hammed Fasola, disclosed this in an…
A multi-billion naira learning centre and digital library opened on Thursday at the Niger Delta University, Amassoma, Bayelsa State with a promise to revolutionise e-learning and technology-driven teaching and research at the university. The project was funded by the Nigerian…
The Nigerian National Petroleum Company Limited and its joint venture partner in Oil Mining Lease 85, First Exploration and Petroleum Development Company Limited, have commenced oil production from the asset also known as Madu Field. Production from the field which…
