Former GMDs of NNPC have given the corporation a resounding vote of confidence and increased support as the corporation hosted a CEO forum today, July 20, 2024. The forum held discussions on NNPC’s strategic direction post Petroleum Industry Act (PIA) and its implications.
NNPC refutes Alleged $2 Billion Oil-for-Cash Loan
The Nigerian National Petroleum Company (NNPC) Limited (NNPC) has stated that it is not currently seeking a fresh $2 billion oil-for-cash loan deal, contrary to some reports. The report had claimed that the NNPC was eyeing a new $2 billion…
“NNPCL Declares Emergency in Crude Oil Production, Urges Collaboration to Cut Costs”
In a move towards increasing Nigeria’s crude oil production and growing its reserves, NNPC Ltd has declared a state of emergency on production in Nigeria’s oil and gas industry. Group Chief Executive Officer of NNPC Ltd, Mr. Mele Kyari, disclosed…
Ekpo sets March 2024 target for completion of OB3 pipeline project deadline; months after initial December 2023 deadline.
Earlier today, Tuesday February 27, the Hon. Minister of State for Petroleum Resources (GAS), Hon. Ekperikpe Ekpo announced that the Obrikom / Oben (OB3) gas pipeline project would be completed in March 2024. This announcement was made at the Opening…