The newly appointed Board and Management team for the Nigerian National Petroleum Company Ltd (NNPCL) on Monday pledged to produce two million barrels of crude oil on a daily basis from 2024. Chief Pius Akinyelure, Non-Executive Board Chairman of NNPCL,…
The Nigerian National Petroleum Company Limited (NNPCL) will start pricing crude supplies against dated Brent crude in 2024, according to a Bloomberg report. Per the report, NNPCL plans to change how it prices its crude cargoes starting in January 2024.…
The Nigerian National Petroleum Company Limited has said the $2.8billion Ajaokuta-Kaduna-Kano gas pipeline project being constructed by Oilserve Limited will be inaugurated next month. Executive Vice President, Upstream, NNPC Limited, Oritsemiyiwa Eyesan revealed this at the ongoing 41st Nigeria Association…
The Nigerian National Petroleum Company Limited (NNPC Ltd) has provided insight into how the lingering Russia – Ukraine war impacted Nigerian crude oil inflows in the international oil market. The NNPC Ltd said this led to a dip in demand…
The Nigerian National Petroleum Company Limited and the Niger State Government have signed a Memoranda of Understanding to develop renewable energy in the state. This is the first-of-its-kind Green Economy and Energy Development Partnership agreement for the development of four…
The Nigerian National Petroleum Company Limited during the week said it had launched a new crude oil grade ‘Nembe,’ and had shipped its first cargo in October consisting of two 950,000 barrels. A report by Reuters quoting the executive director…
The Nigerian National Petroleum Company Limited (NNPC Ltd) has stated that subsidy payments rose to N400bn monthly and gulped N3.7bn in May 2023. The NNPCL in a statement by its Chief Corporate Communications Officer, Mr Olufemi Soneye made this known…
NNPCL appoints Soneye as Chief Corporate Communications Office. The Nigerian National Petroleum Company Limited (NNPCL) has appointed Publisher of Per Seconds News, Mr Femi Soneye, as its Chief Corporate Communications Officer. The NNPCL in a statement described Soneye as a…
The Nigerian National Petroleum Company Limited (NNPCL) has confirmed that between October 7 and 13, there were 205 crude oil theft incidents recorded across the Niger Delta’s oil-producing regions. The company disclosed this information during its weekly ‘Energy and You’…
Between September 30 and October 6, 128 crude oil theft incidents were recorded across the oil-producing areas of the Niger Delta. This is according to a report from the weekly “Energy and You” series produced by the Nigerian National Petroleum…
