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…
Port Harcourt Refinery Receives Another Crude Supply from Shell Nigeria
Port Harcourt Refinery has again received another crude oil supply from Shell Nigeria ahead the commencement of refining operations later in the year. The Nigerian National Petroleum Corporation Limited (NNPCL) had said that test runs at the 60,000-bpd Port Harcourt…
Climate change: NNPC/TotalEnergies JV achieves zero gas flare
In pursuit of meeting the targets of 20% (unconditional) and 47% (conditional) greenhouse gas emission reduction as contained in the Nationally Determined Contribution under the Paris Agreement signed by the President Bola Ahmed Tinubu administration, the NNPC Ltd/TotalEnergies Joint Venture…
Tinubu, OPEC SG among speakers to discuss new energy world order at NIES 2024
The Nigeria International Energy Summit (NIES) 2024, scheduled to take place at the International Conference Centre (ICC) in Abuja, Nigeria, from February 26 to March 1, 2024, will host President Bola Tinubu including H.E Haitham Al Ghais, OPEC Secretary General,…
On OML 34; NNPCL, US Govt., Deloitte Partner to Reduce Greenhouse Gas Emissions
Part of new operational goal to reduce methane and greenhouse gases from upstream activities A net-zero carbon objective The Nigerian National Petroleum Company Limited (NNPCL) has partnered with the United States (US) Department of States and international management consultancy…
NNPC Ltd Remits N4.5trn into Federation Account in nine months
Between January and November last year, the Nigerian National Petroleum Company Ltd remitted the sum of N4.5trn into the federation account for distribution to the three tiers of government. The remittance was confirmed by the Chief Finance Officer of the…
Nigeria-Morrocco Gas Pipeline: FG, Morocco in Talks to Expedite Project
In a bid to fast-track the process of achieving the Final Investment Decision (FID) on the Nigeria-Morocco Gas Pipeline, the Federal Government has intensified discussions with the Kingdom of Morocco. The discussion which held on Wednesday, 24th January, 2024, on…