A number of petroleum industry experts have faulted the appointment of Aminu Said Ahmed of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) into the newly reconstituted Board of the Nigerian National Petroleum Corporation (NNPC) Ltd. They sounded the…
NNPCL Welcomes New GCEO, Appreciates Outgoing Leadership
The management and staff of NNPC Ltd. have welcomed the appointment of Mr. Bayo Ojulari as the new Group Chief Executive Officer (GCEO) and the newly constituted Board of Directors by President Bola Ahmed Tinubu. In a statement released earlier…
Kyari Out, Ojulari In, As President Tinubu Restructures NNPCL Board, Appoints New Chairman, Group CEO
…New board to boost crude refining to 200,000 barrels by 2027, 500,000 by 2030, with investments of $30B and $60B, respectively. Nigeria’s President Bola Tinubu has removed Mele Kolo Kyari as Group CEO of national oil company, NNPC Limited, and…
NNPC Reaffirms Effective Utilization of Host Community Funds for Sustainable Development in Niger Delta
NNPC Limited has reaffirmed its commitment to ensuring that funds allocated under the Petroleum Industry Act (PIA) are effectively utilized to deliver meaningful development in host communities. This pledge was made during a stakeholder engagement session held with the KEFFESO…
NNPC Ltd, Ssonic Petroleum Sign Landmark Gas Supply Deal for Lekki LNG Plant
NNPC Gas Marketing Ltd (NGML), a subsidiary of the Nigerian National Petroleum Company Ltd (NNPC Ltd), in partnership with NIPCO Gas Ltd, has signed a Gas Sale and Purchase Agreement (GSPA) with Ssonic Petroleum Ltd for the supply of natural…
NNPC Limited and Dangote Refinery: Discussions on New Naira Crude Contract Currently Ongoing
…Agreement was for six months and ends in March 2025 The NNPC limited have come out to clarify recent reports circulating on social media which suggested the company had unilaterally terminated its crude oil sales agreement with Dangote Refinery. According…
NCDMB Rallies NNPC, Oil Producers to Boost In-Country Manufacturing of Line Pipes
The Nigerian Content Development and Monitoring Board (NCDMB) on Thursday achieved a much-needed consensus among critical oil and gas industry stakeholders and manufacturers to ramp up in-country production and utilisation of line pipes in oil and gas operations, as part…
NNPC Shipping, Stena Bulk, Caverton Launch New Joint Venture Partnership To Boost Nigeria, Africa’s Energy, Maritime Sectors
The Nigerian National Petroleum Company (NNPC) Shipping, Stena Bulk,and Caverton Marine Limited today announced the signing of a newjoint venture that will transform Nigerian maritime transportation. The agreement, signed in London last week, aims to create a new tankeroperation serving…
NNPCL: Kyari Dismisses Fuel Quality Concerns as Misleading Drama and Marketing Gimmicks
…Clarifies NNPC Ltd Has Not Imported Products in 2024…Affirms Importation is a Global Industry Standard The Group Chief Executive Officer of NNPC Ltd, Mr. Mele Kyari has flayed talks about the existence of sub-standard fuel in the country, describing it…
NNPC Ltd/First E&P JV Achieves 96% Reduction in Routine Gas Flaring
In a significant stride towards supporting Nigeria’s commitment to reducing greenhouse gas emissions by 20% unconditionally and 47% conditionally, as stipulated in the Nationally Determined Contributions under the Paris Agreement, the NNPC Ltd and First Exploration & Petroleum Development Company…