The House of Representatives Special Joint Committee investigating factors working against the petroleum sector has directed the Nigerian National Petroleum Company Limited to halt what it called the mortgage of Nigeria’s future crude oil until it concludes its assignment. Recall…
The Group Executive Officer of the Nigerian National Petroleum Company Limited, Mele Kyari, has said that based on emerging indicators in the energy and gas sector, Nigeria will be a net exporter of petroleum by December. Kyari made this known…
The Nigeria Customs Service (NCS) and the Nigeria National Petroleum Company Ltd. (NNPCL) have reinforced their existing synergy against the smuggling of petroleum products from Nigeria to neighbouring countries. This is disclosed in a statement issued by the Customs Spokesman,…
The Nigerian National Petroleum Company Limited, NNPCL, has declared a state of emergency on crude oil production. Group Chief Executive Officer of NNPCL, Mele Kyari, made this known on Tuesday in a keynote address at the opening ceremony of the…
The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Mele Kyari, said the firm has destroyed over 600 illegal refineries in the last two years. Kyari disclosed this during a stakeholder engagement between the Nigerian Association of…
The management of the Nigerian National Petroleum Company Ltd.(NNPCL) has attributed the insufficient supply of petroleum products to some filling stations in Lagos to an issue at one of its depots in the state. Mr Olufemi Soneye, the Chief Corporate Communications…
The Nigerian National Petroleum Company Limited (NNPCL) has unveiled plans to raise crude oil production from the current 1.6 million barrels per day to three million barrels per day (BPD). The company revealed plans to increase Nigeria’s crude oil refining…
The House of Representatives says it is working on plans to amend the Petroleum Industry Act (PIA) to include downstream stakeholders on the board of the Nigerian National Petroleum Corporation Limited(NNPCL). The Chairman of the House Committee on Petroleum Downstream,…
Presidential candidate of the Peoples Democratic Party (PDP) in the 2023 elections, Atiku Abubakar, has accused President Bola Tinubu, of not giving an account of the $3.3 billion emergency crude repayment loan controversy involving the Nigerian National Petroleum Company…
The Petroleum Product Retail Outlet Owners Association of Nigeria, PETROAN, says it is a positive development for private oil and gas firms to run the Port Harcourt refinery. The Nigerian National Petroleum Company Limited, NNPCL, had earlier this week called…
