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.
NETCO declares 137% gain in operating profit for 2023, seeks increased market share
The NNPC Engineering and Technical Company (NETCO), a subsidiary of the Nigerian National Petroleum Company Limited (NNPC Ltd), has announced a 137 per cent increase in operating profits for the year 2023. This was disclosed by the Chairman of the…
FG Moves to Cushion Effects of Subsidy Removal, Commissions 5.2 mmscfd CNG Plant in Lagos
..…NNPC Targets Roll-out of Six More CNG Stations Nationwide In its continued efforts to provide alternative source of fuel for Nigerians and lessen the impact of subsidy removal on petrol, the Federal Government has commissioned a 5.2 million standard…
We ‘ll demystify cost of oil and gas production In Nigeria – Petan Chairman
Presents NNPCL GCEO With PETAN’s Excellence Award for the Frontier Basin Exploration Initiative The Petroleum Technology Association of Nigeria (PETAN), Chairman, Engr. Wole Ogunsanya has assured that the group will demystify the cost of oil and gas production in…
Chevron alerts the Nigerian public to false recruitment information.
Chevron Nigeria Limited (“CNL”), operator of the Nigerian National Petroleum Company Limited (“NNPCL”) and CNL Joint Venture, has raised alarm over the circulation of false recruitment information by some media amd online channel in the name of CNL and Chevron…