Dangote Refinery Faults NNPCL On N898 Per Litre Price

Dangote Refinery Faults NNPCL On N898 Per Litre Price

Our attention has been drawn to a statement attributed to NNPCL spokesperson, Mr. Olufemi Soneye, that we sell our PMS at N898 per litre to the NNPCL.This statement is both misleading and mischievous, deliberately aimed at undermining the milestone achievement...
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NNPCL/Chevron JV Concludes Conversion Of Assets Into PIA Terms

NNPCL/Chevron JV Concludes Conversion Of Assets Into PIA Terms

. 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...
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NNPCL Admits Owing Petrol Suppliers

NNPCL Admits Owing Petrol Suppliers

The Nigerian National Petroleum Company Limited (NNPCL) admitted at the weekend its “significant debt to petrol suppliers,” saying it poses a threat to the sustainability of fuel supply.  In a statement on Sunday, NNPCL spokesman Olufemi Soneye said “Th...
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At IIaje Community, NNPC Unveils Vision First Programme

At IIaje Community, NNPC Unveils Vision First Programme

The NNPC Ltd has flagged off the third edition of the Vision First Programme, as part of comprehensive community-focused healthcare outreach targeted at the Ilaje community and its environs in Bariga, Lagos State.A statement issued byOlufemi O. Soneye,Chief Co...
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LNG: NNPC Expands Global Market Footprint To Japan, China

LNG: NNPC Expands Global Market Footprint To Japan, China

In line with its strategic vision to be a dynamic and reliable global energy supplier of choice, the Nigerian National Petroleum Company Limited (NNPC Ltd) has commenced shipment of Liquefied Natural Gas (LNG) cargoes to Japan and China on Delivered...
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NNPC Declares N3.3tri Net Profit, N2.1tri Dividend

NNPC Declares N3.3tri Net Profit, N2.1tri Dividend

The NNPC Limited has released its 2023 Audited Financial Statement (AFS), declaring a net profit of N3.297 trillion at the close of the financial year which ended in December 2023, an increase of over N700billion (28%) when compared to the...
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Shippers’ Council, NNPCL To Strengthen Partnership

Shippers’ Council, NNPCL To Strengthen Partnership

Executive Secretary/ Chief Executive Officer, Nigerian Shippers Council (NSC), Barrister Pius Akutah, recently, led the management team to the Nigerian National Petroleum Corporation Limited (NNPCL) Towers in Abuja in a bid to enter strategic collaboration.Dur...
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Oil Exploration To Begin In Ogun

Oil Exploration To Begin In Ogun

The Nigerian National Petroleum Corporation Limited (NNPCL) is to begin oil and gas exploration in Ogun State.   Under the arrangement, the State Government has received a delegation from the Federal Government in Abeokuta, the state capital. On...
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NNPCL, Schlumberger Seal Upstream Operations Agreement

NNPCL, Schlumberger Seal Upstream Operations Agreement

As part of strategic reforms aimed at unlocking opportunities in the nation’s oil and gas industry, the NNPC Energy Services Limited (EnServ) and Schlumberger (SLB), a renowned global technology company, have signed a technical partnership agreement towards ...
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NNPCL, NCDMB, SNEPCo, Total Energies, Others Donate 2,300-Seater Library To Niger Delta University 

NNPCL, NCDMB, SNEPCo, Total Energies, Others Donate 2,300-Seater Library To Niger Delta University 

As part of its commitment to encourage learning and academic excellence, the Nigerian National Petroleum Company Limited (NNPC Ltd) and its Joint Venture partners in OML 18 – the Nigerian Content Development & Monitoring Board (NCDMB), Shell Nigeria Expl...
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NNPCL Advocates Collaborative War Room To Tackle Challenges Faced By Independent Producers

NNPCL Advocates Collaborative War Room To Tackle Challenges Faced By Independent Producers

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$3b NNPCL/Afreximbank’s Naira Rescue Agenda Excites Tinubu

$3b NNPCL/Afreximbank’s Naira Rescue Agenda Excites Tinubu

President Bola Tinubu is happy that the $3 billion in crude-for-cash funding secured from the African Export-Import Bank (Afreximbank) by the Nigerian National Petroleum Corporation (NNPC) Limited is gradually giving a breather to the foreign exchange market.&...
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NNPCL Pays N123b Interim Dividend To FAAC

NNPCL Pays N123b Interim Dividend To FAAC

As part of measures to consolidate its post Petroleum Industry Act (PIA) 2021 status as an income generating company, the Nigerian National Petroleum Company Limited (NNPCL), on Thursday commenced the payment of interim dividend and PSC profit oil into the...
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NNPCL, Norwegian Firm Seal Floating LNG Plant MoU

NNPCL, Norwegian Firm Seal Floating LNG Plant MoU

Nigerian National Petroleum Corporation Limited (NNPCL) has signed a memorandum of understanding (MoU) with Norwegian Golar LNG, an owner and operator of marine LNG infrastructure, to build a floating LNG plant in Nigeria. The MoU was revealed in NNPC’s soci...
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