The Senate has urged the Ministry of Aviation to handover the abandoned Shell Airstrip in Oloibiri, Bayelsa to the Nigerian Air Force for conversion into its base. his followed adoption of a motion at plenary on Thursday on urgent need for transformation of the abandoned Shell Airstrip at...
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The Nigerian National Petroleum Company Ltd., (NNPC Ltd) has assured that the fire incident in a depot in Lagos will, in no way, affect petroleum products supply and distribution across the country. Chief Corporate Communications Officer, NNPC Ltd., Mr Olufemi Soneye, said this in a statement on Friday...
The Nigerian National Petroleum Company Limited (NNPC Ltd), has said the country’s gas sector is now well positioned to help businesses in the country generate more revenue. The Group Chief Executive Officer, NNPCL, Mele Kyari said this when he spoke with newsmen on Wednesday in Owerri. He spoke...
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,...
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...
By JOY ADARA, Abuja – The Nigerian National Petroleum Company Ltd (NNPC Ltd) has said it would continue to invest in the development of huge oil and gas infrastructure to make it easy for operators and prospective investors to carry out their business in Nigeria. The Executive Vice...
By MBAFAN ADE, Abuja – As the nationwide supply and distribution of Premium Motor Spirit (PMS), also known as petrol, continue to improve, the Nigerian National Petroleum Company (NNPC) Limited has once again called on motorists to shun panic buying of the product. This is contained in a statement...
The Independent Petroleum Marketers Association of Nigeria (IPMAN) Depot Chairmen Forum, has exonerated its members from the current fuel scarcity in the country. According to IPMAN, the fuel scarcity is caused by its inability to source petroleum products. The IPMAN Depot Chairmen Forum also threatened to withdraw its...
The Nigerian National Petroleum Company Ltd. has assured Nigerians that the ongoing fuel scarcity and queues will be cleared out Wednesday, May 1. Chief Communications Officer, NNPCL, Mr Olufemi Soneye, told the News Agency of Nigeria (NAN) on Tuesday in Lagos. According to Soneye, the company currently has...
By EZEKIEL OBI, Abuja – Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against the Nigerian National Petroleum Company (NNPC) Limited over the “failure to account for and explain the whereabouts of the alleged missing USD$2.04 billion and N164 billion oil revenues.” The suit followed...
The Nigerian National Petroleum Company Limited (NNPC Ltd.) has said the issues that led to the tightness in the supply of fuel currently being experienced in some parts of the country have been resolved. The NNPC Ltd. said that the issues were as a result of logistics problems....
Motorists in the Federal Capital Territory (FCT), have expressed worry over the long queues being presently experienced due to scarcity of Premium Motor Spirit (PMS) known as fuel. The News Agency of Nigeria (NAN), correspondent, who went round the town on Wednesday reports that long queues were seen...
By MBAFAN ADE, Abuja – Keen on optimising production from the nation’s hydrocarbon assets to boost revenues and meet the nation’s OPEC production quota, the Nigerian National Petroleum Company Limited (NNPC Ltd) and its Joint Venture partner in the Awoba Unit Field, Newcross Exploration and Production Ltd, have restarted...
By OLA MUDOPE, Lagos – The management of the Nigerian National Petroleum Company Ltd.(NNPCL) has attributed the insufficient supply of petroleum products to some filling stations in Lagos to an issue at one of its depots in the state. The Chief Corporate Communications Officer of NNPCL, Mr Olufemi Soneye,...
The Nigerian National Petroleum Company Limited (NNPC Ltd.), has underscored the need of bridging the energy access gap to spur economic prosperity of the country. The Group Chief Executive Officer of NNPC Ltd, Malam Mele Kyari stated this at the Society of Petroleum Engineers Oloibiri Lecture Series and...
.By JOY ADARA, Abuja – The Nigerian National Petroleum Company Limited (NNPC Ltd.) has clarified that the rumours suggesting a price adjustment for Premium Motor Spirit (PMS) and Automotive Gas Oil (Diesel) at its retail outlets nationwide are false. Chief Corporate Communications Officer, NNPC Ltd., Mr Olufemi Soneye, said...
The Ministry of Petroleum Resources as well as its agencies and parastatals are expected to brainstorm on emerging developments in the oil and gas industry, at a sectoral retreat scheduled to hold in Abuja. Deputy Director, Press and Public Relations, Ministry of Petroleum Resources, Mrs Oluwakemi Ogunmakinwa, said...
By MBAFAN ADE, Abuja – The Nigerian National Petroleum Corporation (NNPC) Ltd will be at the 2024 CERAWeek Conference scheduled to hold in Houston, United States from 18th to 22nd March 2024. GCEO, NNPC Ltd, Mr. Mele Kyari will headline the Plenary Session titled “Leadership Dialogue” on...
An Energy expert, Prof. Billy Okoye has unveiled `AptFuel Technology’, an application capable of navigating and accessing availability, prices and ratings of petroleum products at fuel stations nationwide. Okoye, Coordinator, Oil, Gas and Energy Marketing, University of Abuja Business School, and a former Group Executive Director, Nigerian National...
The House of Representatives has decried the recurring destruction of oil and gas pipelines in the country. Rep. Alhassan Ado-Doguwa, Chairman Special Committee on Oil Theft, condemned the act at a meeting with the Nigerian National Petroleum Corporation (NNPC) Ltd. in Abuja. The engagement was to unravel the...