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Tag: NNPCL

featured

NNPC seeks end of suit challenging ExxonMobil’s $1.28bn asset divestment

The Nigerian National Petroleum Company Limited has moved to end its current legal action against subsidiaries of Mobil Nigeria and the Nigerian Upstream Petroleum Regulatory Commission in the High Court of the Federal Capital Territory, Abuja. The motion, which was submitted on June 11, 2024, is a component of a larger endeavour to complete a […]

Oil and Gas

ExxonMobil waits for NNPCL to lift ban on Seplat/MNPU

ExxonMobil has said that it is awaiting the Nigerian National Petroleum Company Limited to lift the ban preventing the sale of its assets to Seplat Energy. This was disclosed by the company’s Regional Communications Manager – Africa, Oge Udeagha, according to The Punch. The NNPCL announced on Thursday that it has inked a settlement agreement […]

featured

NNPC discovers 122 illegal refineries, seals fuel station

The Nigerian National Petroleum Company Limited has discovered a total of 122 illegal oil refining sites in the past week across the Niger Delta region. The NNPCL said that in Akwa Ibom State, a filling station has been closed for the sale of illegal refined fuels to motorists. This was disclosed in a documentary by […]

News

NNPCL boss wins most outstanding energy icon award

The Group Chief Executive Officer of NNPC Ltd., Mele Kyari has won the Champion Newspapers’ 2023 Most Outstanding Energy Icon of the Year award. This was disclosed by the Chief Corporate Communications Officer of NNPC Ltd, Olufemi Soneye via his official X handle on Saturday. Kyari was conferred with the honour during the newspaper’s annual […]

News

Tank farm catches fire in Lagos as NNPCL denies ownership

A tank farm, formerly known as OVH said to belong to the Nigerian National Petroleum Company Limited has caught fire in Marine Beach, Apapa. This was disclosed by the Director of Public Affairs of the Lagos State Fire and Rescue Service, Amodu Shakiru, according to the Punch. Shakiru said that the fire department was already […]

NNPCL reports N2.69trn in tax expenses for 2023
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NNPCL commence oil exploration at Akwa Ibom mining site

Nigerian National Petroleum Company Exploration and Production Limited and Natural Oilfield Services Limited have announced the start of oil production at Oil Mining Lease 13 in Akwa Ibom State. This was disclosed in a statement signed by the Chief Corporate Communications Officer, Olufemi Soneye on Sunday. In the statement, The NNPCL flagship upstream subsidiary had […]

Fuel queues won’t exceed Saturday, says Kyari
News

Scarcity: NNPCL confirms 1.5bn litres petrol stock, tackles suspected oil cartels

The Nigerian National Petroleum Company Limited has partnered with security agencies and other industry stakeholders to knock down a cartel suspected to be hoarding petrol across the country. According to the company, it has products that can last up to 30 days due to continuous improvement in nationwide supply and distribution of Premium Motor Spirit […]

News

Saudi Aramco, ADNOC adopts AI as NNPC lags

The world is preparing for an oil and gas industry where completely unmanned assets are operated, inspected, and maintained by digitisation and artificial intelligence, a message Africa’s largest oil-producing country is still negotiating with. The oil and gas sector is rapidly adopting digital tools, e.g. machine learning and artificial intelligence, to increase its efficiency in […]

News

NNPCL chief Kyari bags NUJ good governance award

The Nigerian National Petroleum Corporation Limited’s Group Chief Executive Officer, Mr Mele Kyari, has won the 2024 Nigeria Union of Journalists Good Governance Award. This was disclosed in a statement via a post on the official X handle of NNPCL on Sunday. Kyari was presented with this award at a dinner and ceremony of the […]

News

Fuel scarcity: CSOs urge Tinubu to sack Kyari

Over 200 civil society groups under the aegis of the Coalition of Civil Society Groups Against Poverty in Africa have urged President Bola Tinubu to sack the Group Chief Executive Officer, of Nigerian National Petroleum Corporation Limited, Engr. Mele Kyari, over fuel scarcity. This came as an aftermath of what they alleged was a high […]

NNPCL signs deal to build 100,000bpd plant in PH refinery
News

NNPCL signs deal to build 100,000bpd plant in PH refinery

The Nigerian National Petroleum Company Limited has finalized a contract with African Refinery Port Harcourt Limited to construct a 100,000 barrels per day refinery within the Port Harcourt Refinery and Petrochemical Complex located in Rivers state. This significant development was disclosed by the national oil company via its official communication channel, with Dapo Segun, the […]

NNPCL sets fuel price above N1000 per litre
News

Scarcity: Fuel supply shortage resolved, says NNPCL

The Nigerian National Petroleum Company Limited has clarified that the shortage in the supply of Premium Motor Spirit also known as PMS recently being experienced in some parts of the country is a result of logistics issues and that it has been resolved. In addition, it also made it clear that the price of petrol […]

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