Signalling the dawn of a new era, the Major Oil Marketers Association of Nigeria (MOMAN), earlier today unveiled their rebranded identity as the Major nergies Marketers Association of Nigeria (MEMAN). The launch highlights MEMAN’s commitment to sustainability through the NMDPRA…
Transparency: EITI rates NNPCL high in compliance
Global transparency body, Extractive Industries Transparency Initiative, EITI, has scored the Nigerian National Petroleum Company Limited, NNPCL, very high in its latest global assessment. This was disclosed by EITI’s Deputy Executive Director, Bady Baldé, during a visit by an EITI…
NNPC Ltd Remits N4.5trn into Federation Account in nine months
Between January and November last year, the Nigerian National Petroleum Company Ltd remitted the sum of N4.5trn into the federation account for distribution to the three tiers of government. The remittance was confirmed by the Chief Finance Officer of the…
NNPC Ltd woos South Korean investors for Gas Projects
The Nigerian National Petroleum Company Limited, NNPCL, has held talks with a South Korean consortium led by Daewoo E & C on the development of gas projects in Nigeria. The Group Chief Executive Officer of NNPC Ltd, Mele Kyari, led…
Nigeria-Morrocco Gas Pipeline: FG, Morocco in Talks to Expedite Project
In a bid to fast-track the process of achieving the Final Investment Decision (FID) on the Nigeria-Morocco Gas Pipeline, the Federal Government has intensified discussions with the Kingdom of Morocco. The discussion which held on Wednesday, 24th January, 2024, on…
NIMASA, Dangote Refinery unveil committee to tackle operational concerns
The Nigerian Maritime Administration and Safety Agency (NIMASA) and the Dangote Refinery have set up a special committee to address the operational concerns of the refinery. The two parties gave the committee a two-week timeline to provide a report that…
Heirs Energies, Africa’s Foremost Indigenous-Owned Integrated Energy Company, Commemorated its Three-Year Anniversary
In a short timescale, Heirs Energy has implemented a track record of significant production increases, pioneered a new model of community engagement and built at world class Nigerian management team, all contributing to a new beginning in ensuring Nigeria’s sustainable…
PETROAN Cheers “Positive Development” As NNPC Outsources Port Harcourt Refinery
PETROAN has praised NNPC’s decision to outsource operations and maintenance of the Port Harcourt refinery. The move is seen as a positive step towards profitability, fuel availability, and potential price reduction, with private expertise expected to improve reliability and sustainability…
Dangote Petroleum Refinery Registers MOMAN, IPMAN, DAPPMAN Members for Products’ Distribution
The management of Dangote Petroleum Refinery has commenced registration of distributors for the lifting and distribution of refined petroleum products across the country. So far, members of three prominent associations that constitute 75 per cent of the total market in…
NNPC, NSCDC Inspect Illegal Vessel Intercepted in Warri
On Monday, the Nigerian National Petroleum Company Limited (NNPC Ltd) conducted an inspection of an illegal crude oil vessel loaded with thousands of metric tonnes of crude oil. The vessel was intercepted by Tanita Security Services, a private security firm,…
