Amid worsening queues and increasing costs of fuel, the Nigerian National Petroleum Corporation Ltd (NNPC) has stated that the disruption in unavailability of fuel supply and distribution witnessed in some parts of Lagos and the FCT is as a result…
CEO Forum: Ex-GMDs Commend NNPCL’s Leadership and Strategic Progress
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.
From 20 to 7.5: Dangote, NNPC in Stalemate Over Refinery Equity Share – IPO on the Horizon
In a surprising twist to the Dangote Refinery saga, disclosures have been made that the supposed 20percent equity investment by NNPCL in the Refinery is actually 7.5percent. This disclosure was made by Aliko Dangote himself at a media briefing earlier…
NNPCL plans 3 LNG stations, 100 CNG sites nationwide
Some of the 12 CNG stations commissioned simultaneously by Mr Ekperikpe Ekpo, Minister of State Petroleum Resources (Gas) in Abuja and Lagos on Thursday The Nigerian National Petroleum Company (NNPC Ltd.) says the drive to bring Compressed Natural…
“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…
AGIS 2024: Stakeholders advocate for increased collaboration and dynamic innovation in Africa’s energy landscape
The Africa Gas Innovation Summit (AGIS) 2024 held recently in Abuja has emphasized the urgent need for multi-sectoral collaboration and innovation in Africa’s energy landscape. With new players like Ghana, Tanzania, Senegal, Mauritania, Mozambique, Namibia, and Uganda joining traditional leaders…
AKK Gas Pipeline Project ready in 2025; To Impact Massively on Economy and Industrialisation
The Federal Government has placed emphasis on the huge multiplier effect the Ajaokuta-Kaduna-Kano (AKK) Gas Pipeline Project would have on the nation’s economic growth and industrialisation. This was made known during the visit of three cabinet Ministers to the AKK…
NNPC denies Alleged N3.3 Trillion Subsidy Inflated Claims
NNPCL refutes allegations of subsidy padding and claims of N3.3 Trillion in some media, stating the company is not under investigation or probe even as it follows global standards on transparency and accountability.