Oil & Gas

As part of its efforts to accelerate the adoption of Compressed Natural Gas (CNG) as a cleaner and more affordable fuel alternative in Nigeria, NNPC Retail Limited (NRL), a subsidiary of the NNPC Ltd, has sensitized over 1,000 auto mechanics through a comprehensive awareness initiative. The sensitization exercise which took…

The NNPC Ltd has reiterated its commitment to work with host communities in the Niger Delta region towards lasting peace and economic prosperity. Group Chief Executive Officer (GCEO) Mallam Mele Kyari, disclosed this during a dialogue session with the Niger Delta communities held in partnership with the Office of the…

The NNPC Ltd, through its Corporate Social Responsibility (CSR) arm, NNPC Foundation, has donated relief items to the recent flood victims in Borno State. During a condolence visit paid to the Borno State Government on Tuesday, the Group Chief Executive Officer, Mr. Mele Kyari, represented by the Executive Vice President,…

The $550 million upstream gas project between the NNPC Ltd and TotalEnergies on the development of the Ubeta field has taken off, the Presidency announced on Tuesday. Special Adviser to the President on Energy, Olu Verheijen, disclosed this during an inaugural US-Nigeria Strategic Energy Dialogue, hosted by the U.S. State…

Dangote Refinery will sell petrol NNPCL, NNPCL will then sell to various marketers   Concisedaily Newsonline– All is set for Dangote Refinery to begin the distribution of Premium Motor Spirit (PMS) on Sunday, according to the Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun. Edun, who…

By Olufemi Soneye In the face of the challenges in the oil sector, particularly the current tightness in the supply of petrol, it has become fashionable to blame the national oil company, the Nigerian National Petroleum Company Ltd (NNPC Ltd), for everything. Last week, it was Prof. Pat Utomi who…

In line with the Petroleum Industry Act (PIA) 2021 provisions of transiting assets from the Petroleum Profit Tax (PPT) into PIA terms, the NNPC Ltd and its Joint Venture (JV) partner, Chevron Nigeria Ltd (CNL), have concluded the conversion of five of its JV assets into the PIA terms. Under…

The Crude Oil Refinery-owners Association of Nigeria (CORAN) has extended its heartfelt congratulations to Mr. Aliko Dangote and his team at Dangote Refinery on the remarkable achievement of commencing the production of Premium Motor Spirit (PMS). The group said that this significant milestone is not only a testament to the…

Sen. Heineken Lokpobiri, Minister of State Petroleum Resources (Oil), has said that no directive was issued to the Nigerian National Petroleum Company Limited (NNPC Ltd.) to increase petroleum prices to N1,000. Lokpobiri in a statement on Tuesday issued by his Special Adviser, Media and Communication, Nnemaka Okafor said he did…

For the first time, Nigerians will gain a clear understanding of the country’s actual fuel consumption, according to Aliko Dangote, President of Dangote Group. This announcement comes as Dangote officially confirmed the rollout of Premium Motor Spirit (PMS), commonly known as petrol, from the world’s largest single-train refinery with a…