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…
No Increase in PMS Prices, NNPC Ltd. Assures Nigerians
The Nigerian National Petroleum Company (NNPC) Ltd. has released a brief statement assuring the public that there is no imminent increase in the cost of Premium Motor Spirit (PMS), commonly known as petrol. In the statement, the corporation urges Nigerians…
NEITI: Revenue Generating Agencies Remitted N14.38 Trillion to the Federation Account in Two Years
₦5.42 trillion disbursed to the Federal, State and Local Governments Mineral Revenue contributed N6.40 trillion Non-mineral revenue contributed N4.80 trillion The Nigeria Extractive Industries Transparency Initiative (NEITI) says the Federal government revenue generating agencies remitted a total of about…
NNPCL Appoints Olufemi Soneye as Chief Corporate Communications Officer
The Nigerian National Petroleum Company Limited (NNPCL) has officially announced the appointment of Olufemi Oladapo Soneye as its Chief Corporate Communications Officer. In a press statement published on the company’s official X (Twitter) handle, NNPCL stated that Mr. Soneye will…
Oil Marketers explain increase in fuel price; recommend strategies to reduce negative impact
The Major Oil Marketers Association of Nigeria (MOMAN) have expressed their deepest empathy to all Nigerian citizens; acknowledging the challenges faced by the Nigerian public over the increasing cost of premium motor spirit (pms). This is even as the association…