Mr. Mele Kyari, the Group Chief Executive Officer of NNPC Limited, has emphatically stated that the company has not violated any laws in its dealings with partners and should not be implicated in any claims of economic sabotage. Addressing the…
Oil & Gas
NNPCL Introduces New 50,000bpd Utapate Crude Oil Grade to Global Market
0.0655% Low Sulphur Content Reduced Flare – Low carbon footprint The Nigeria National Petroleum Corporation (NNPC) Ltd has unveiled its latest crude oil offering, the Utapate blend, marking its entry into the international market. Originating from Oil Mining Lease…
NNPC Ltd: An All-round Asset to Nigeria
By Olufemi Soneye In its editorial of 2nd August, 2024, the BusinessDay newspaper, characteristically, launched another scurrilous and baseless attack on the Nigerian National Petroleum Company Limited (NNPC Ltd). In the editorial entitled: “NNPCL: Liability or Asset to Nigerians?”,…
NAICE 2024: Amid Protest Fears, Society of Petroleum Engineers Reassure on Hosting of International Conference
The Nigerian Chapter of the Society of Petroleum Engineers (SPE) have given assurances that the planned Nigeria Annual International Conference & Exhibition (NAICE), scheduled to hold from Monday, August 5 to Wednesday, August 7, 2024 in Lagos, Nigeria will proceed…
Africa: No More Delays on South Africa’s New Oil and Gas Law
The South African government must expedite oil and gas legislation to boost investor confidence By NJ Ayuk, Executive Chairman, African Energy Chamber Within the last few months, there’s been both good and bad news for South Africa’s oil and…
EPCM CEO to Chart Course for Mauritania Energy Infrastructure at MSGBC 2024
Alexandria Gazendam is expected to provide updates to EPCM Holding’s commercial assessments for Mauritania’s offshore fields while promoting industrialization and gas-to-power Industrial infrastructure firm EPCM Holdings has been tasked with carrying out technical and commercial assessments on routes for…
NUPRC Confirms Nigeria’s Daily Oil Production Still at 1.61mbpd
Nigeria continues to dominate as Africa’s largest crude oil producer despite grappling with oil theft and vandalisation. The country’s proven reserves of 37.50 billion barrels and a production capacity of approximately 2.19 million barrels per day, mbpd. As of July…
President Tinubu Directs NNPC to Sell Crude to Dangote Refinery in Naira
Nigeria’s President, Bola Tinubu has ordered the Nigeria National Petroleum Corporation Limited (NNPCL) to sell crude oil to the Dangote Refinery and other upcoming in-country built refineries in the country’s local currency, the Naira. This was a measure adopted at…
SPE-NAICE 2024 to Focus on Midstream, Downstream Development
The Society of Petroleum Engineers (SPE) Nigeria Council has announced the 47th edition of the Nigeria Annual International Conference and Exhibition (NAICE) 2024. This prestigious event is scheduled to take place from August 5 to August 7, 2024, at Eko…
NLNG’s Energy-Efficient Chartered Vessel, AKTORAS, Arrives Bonny Terminal for Maiden Loading
NLNG’s Energy-Efficient Chartered Vessel, AKTORAS, Arrives Bonny Terminal for Maiden Loading