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Flooding delays fuel petrol import discharge
Sopuruchi Onwuka The flashes of flood which overwhelmed drainages and overran major roads across the country were the major reason for fuel scarcity as retail outlets were unable to get supplies, the Nigerian National Petroleum Company (NNPC) Limited has explained….
How Oando shattered the barriers to divestment deals
Sopuruchi Onwuka The late entry of Oando Energy Resources (OER) in the prevailing divestment programme and its rapid progress to secure the first approval from the Nigeria Upstream Petroleum Regulatory Commission (NUPRC) now dominate hushed discussions in the industry. Before…
NNPC to build 3 LNG stations, 100 CNG sites __Kyari
Sopuruchi Onwuka The Group Chief Executive Officer of NNPC Limited Mallam Mele Kyari has declared that the drive to bring Compressed Natural Gas (CNG) closer to Nigerians has since commenced and is irreversible. Kyari, who disclosed this on Thursday during…
Derisking Nigerian business environment is collective responsibility __NNPC
Sopuruchi Onwuka All Nigerians must play significant roles in attracting global investible funds into the highly challenged Nigerian business environment, the Nigerian National Petroleum Company (NNPC) Limited has declared. Chief Financial Officer, Mr. Umar Ajiya, who spoke at the ongoing…
NNPC, TotalEnergies to stake $550m on Ubeta field development
Sopuruchi Onwuka Parties in the operations of Oil Mining Lease (OML) 58 onshore Niger Delta have agreed to deploy additional half billion dollar investment in further development of the acreage area where two oilfields are already producing tirelessly for…
Oando hauls in $550 m for NNPC’s Project Gazelle
Sopuruchi Onwuka Strong financial performance of Oando Plc in 2023 has not only reactivated investors’ interest in the company’s shares but also enabled the indigenous energy company to lead collaboration in raising $925 million for the Project Gazelle of the…
NNPC bags NIMASA certification on ship, port security
Sopuruchi Onwuka The NNPC Ltd has reiterated its commitment to sustain the Company’s march towards process improvement, regulatory compliance and performance excellence. NNPC’s Executive Vice President, Business Services, Mr. Inuwa Danladi, disclosed this while speaking on the recent certification of…
NNPC Ltd solicits EFCC’s support in fight against crude oil theft
The Nigerian National Petroleum Company Limited (NNPC Ltd.) has appealed to the Economic and Financial Crimes Commission (EFCC) to help tackle the menace of crude oil theft in the country. The Group Chief Executive Officer of the company, Mr. Mele…
NNPC Ltd, OPEC pledge collaboration to attract investments, grow production
The Nigerian National Petroleum Company Limited (NNPC Ltd) and the Organization of the Oil Exporting Countries (OPEC) have pledged to work closely together to achieve the nation’s aspirations to attract investments and grow production. The two organizations came to this…
NNPC advocates collaborative war room to tackle operating challenges
The Nigerian National Petroleum Company Limited (NNPC Ltd) has called for deeper collaboration among upstream operators, especially independent producers, to find solutions to the challenges hindering the effective development of divested assets in the nation’s oil and gas industry. The…
