NNPC

The Nigerian National Petroleum Company (NNPC) Limited has announced a timeline for the drilling of two oil wells on the Bonga oil well, with the drilling of about 12 more oil wells in Imo state and Anyala-Madu near Port Harcourt, in 2023.…

The Nigerian National Petroleum Company Limited (NNPC) is set to spud the first oil well in Nassarawa State in March 2023. The Group Chief Executive Officer of the Company, Mallam Mele Kyari, who disclosed this when Governor Abdullahi…

The Nigerian National Petroleum Company Limited on Friday announced the discovery of oil in Nasarawa State and said it was set to drill the first foot of an oil well in the Northern state. It said the discovery was in continuation of…

The group managing director and chief executive officer of the Nigerian National Petroleum Corporation Ltd. Malam Mele Kyari has said that oil production in Nigeria has increased significantly, such that the country is capable of producing…

Encouraged by the recent improvements in the oil production output in Nigeria, the group chief executive officer of the Nigerian National Petroleum Company Limited (NNPC), Mallam Mele Kyari, has said that the country could hit 2.2 million…

…Calls For End Of Crude Oil Theft By May 29 Nigeria has finally set up a special court to expedite the trials of criminal elements involved in oil theft and pipeline vandalism. This follows widespread calls by Nigerians asking that…

Office of Nigeria’s Auditor General has accused the state oil company, the Nigerian National Petroleum Company (NNPC) Limited of exporting 17.877 million barrels of crude oil in four years without proper documentation. But the oil firm,…

The Nigerian navy has finally accepted that its personnel are actively involved in the orchestrated crude oil theft in Nigeria. In what was obviously a confession yesterday, the chief of naval staff (CNS), Vice Admiral Awwal Gambo said…

…Says vessel rental prohibitive: costs $85,000 daily Natural Oil and Gas Suppliers Association of Nigeria (NOGASA) have dissociated themselves from the lingering scarcity, as well as high cost of fuel nationwide. According to them,…

Some labour leaders have said that the recent threat by the Department of Security Service against potential products saboteurs nationwide would not be effective until the security agencies get to the root of the problem. A fortnight…

Nigerian National Petroleum Company Limited (NNPC) Ltd and Chevron joint venture have confirmed the securing of $1.4 billion finance for some of their projects. The money is targeted at funding the infill drilling programme or projects…

The chief upstream investment officer of NNPC upstream investment management services, Bala Wunti, has said that Nigeria’s oil production rose by 350,000 barrels per day to 1.6 million amid reduced oil theft.Speaking at a national…

The lingering fuel scarcity in major cities of Nigeria continued yesterday with menacing long queues of vehicles at filling stations, and the trotting black marketers shuttling the high streets and corners.For the first time in many weeks,…

Is it really true that North East Nigeria crude oil exploration could change Nigeria’s oil reserve that is reportedly stagnated at 37 billion barrels? During an interview on national television recently, former executive secretary of…

The group chief executive officer of the Nigerian National Petroleum Company (NNPC) Limited, Mr. Mele Kyari, has raised the alarm that his life is in danger following some the critical reforms in the oil and gas sector, which appear to…

The Nigerian National Petroleum Company (NNPC) has disclosed that the recent onslaught against oil thieves by the Company, in collaboration with security agencies, has started yielding handsome results.Speaking yesterday in Abuja, the…

Lawmakers in the House of Representatives have accused major oil companies in Nigeria of tax evasion following preliminary findings by the ad hoc committee investigating the structure and accountability of the joint venture businesses and…

NNPC Upstream Investment Services has announced a partnership with Chevron Nigeria Limited to boost gas supply to the Nigerian domestic market. The NUIS is a subsidiary of the Nigerian National Petroleum Company Limited. The company…

From its takeoff on April 1 1977 as a merger of the Nigerian National Oil Corporation (NNOC) and the federal ministry of petroleum and energy resources, the Nigerian National Petroleum Corporation (NNPC) witnessed key transformations…

...MoU Signed in Seoul    Nigeria has invited Daewoo Group of South Korea to rehabilitate the 110, 000bpd moribund Kaduna Refinery. President Muhammadu Buhari’s special adviser on media and publicity, Mr. Femi Adesina, confirmed that…