R-L: Managing Director, NNPC Gas Infrastructure Company (NGIC), Engr. Seyi Omotowa; NNPC Ltd’s EVP Gas, Power & New Energy, Mr. Olalekan Ogunleye; GCEO NNPC Ltd, Mr. Mele Kyari; Minister of Information & National Orientation, Alh Mohammed Idris; Deputy Governor of Kaduna State, Dr. Hadiza Sabuwa Balarabe; Minister of State for …
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THE Nigerian National Petroleum Company Limited announced on Thursday that it would hold the ground-breaking of three mini-Liquefied Natural Gas projects in August this year. NNPC’s Group Chief Executive Officer, Mele Kyari, announced this in Abuja at the inaugural Africa Gas Innovation Summit 2024 organised by the Society of Petroleum …
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● Signs PDA on 400-500mmscf Gas Deal, Eyes FID before Dec 2024 Ending In furtherance of its commitment to monetize Nigeria’s vast natural gas resources, the NNPC Limited has executed a Project Development Agreement (PDA) with Golar LNG for the deployment of a Floating liquefied Natural Gas (LNG) offshore Niger …
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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 company’s Board of Directors and Executive Vice President, Downstream, NNPC …
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THE Nigerian National Petroleum Company Exploration and Production Limited (NNPC E&P Ltd.) and Natural Oilfield Services Ltd. (NOSL) have announced the successful commencement of oil production at Oil Mining Lease (OML) 13 in Akwa Ibom State. The NNPC E&P Ltd. is an NNPC Ltd’s flagship upstream subsidiary, while NOSL is …
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THE Nigerian National Petroleum Company Limited (NNPC Ltd.) and First Exploration & Production Limited (First E&P) Joint venture (JV) have donated N53 million to some NGOs in Nigeria. The NNPC Ltd. said the donation was part of its Corporate Social Responsibility (CSR) initiatives. Mr Bala Wunti, Chief Upstream Investment Officer …
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THE Socio-Economic Rights and Accountability Project (SERAP) has sued the Nigerian National Petroleum Company (NNPC) Limited over its alleged failure to account for and explain the whereabouts of the alleged missing $2.04 billion and ₦164 billion oil revenues. The suit followed the allegations documented in the recently published 2020 audited …
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THE Nigerian National Petroleum Company Limited (NNPC Ltd) wishes to clarify that the tightness in the supply of Premium Motor Spirit currently being experienced in some areas across the country is as a result of logistics issues and that they have been resolved. It also wishes to reiterate that the …
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THE Nigerian National Petroleum Company (NNPC) Limited has been reported to owe around $3 billion to oil traders for imported petrol. Five sources close to the matter revealed to Reuters that the national oil company is, however, clearing the overdue payments for the imported oil, although the pace of repayment …
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FORMER presidential aide Dr. Usman Bugaje, who stirred controversy recently, has explained why Nigeria’s oil in the south belongs to the north. Newsextra24 recalls that Bugaje had once said there are no oil-producing states but the Nigerian state. He stated that the over 70% landmass of the North is what earned …
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