By OLA MODUPE , Lagos – Renaissance Africa Energy has completed the “acquisition of the entire (100%)” equity holding in Shell Petroleum Development Company of Nigeria (SPDC). This is according to a statement on Thursday by The spokesman of Renaissance Africa Energy Holdings, Tony Okonedo, announced this in a...
NNPCL
Y JOY ADARA , Abuja- The Nigerian National Petroleum Company Limited (NNPC Ltd) has called on global investors to direct their attention to the Nigerian oil and gas sector as the nation is now an investors’ haven owing to the robust regulatory reforms and the investment-friendly policies of the...
By JOY ADARA, Abuja- The Nigerian National Petroleum Company Limited (NNPC Limited) has issued a statement to clarify recent reports regarding the alleged termination of its crude oil sales agreement with Dangote Refinery. Chief Corporate Communications Officer, NNPC Ltd., Olufemi Soneye, said in a statement on Monday that the...
A cross section of stakeholders, on Monday, at a Public Hearing on the four Tax Reform Bills expressed their support for the bills. The public hearing was organised by the Senate Committee on Finance chaired by Sen. Sani Musa. The News Agency of Nigeria (NAN) reports that the four...
Nigeria’s target of 2.06million bpd crude oil production target in 2025, is achievable, the Minister of State for Petroleum, Heineken Lokpobori has said. Lokpobori said this on Thursday night in Abuja at the Nigeria Petroleum Industry Leadership Discourse, with theme: “Nigeria’s Oil Production Growth Roadmap Acceleration Imperatives’’ organised by...
By JOY ADARA , Abuja – The Group Chief Executive Officer of NNPC Ltd, Mr. Mele Kyari has flayed talks about the existence of sub-standard fuel in the country, describing it as unfortunate drama and bad marketing practice. Kyari, who was speaking while fielding questions at a fireside chat...
By CALLISTUS OFFOR, Abuja- The Nigerian National Petroleum Company (NNPC) Limited has announced the successful completion of its recruitment exercise, which was conducted with fairness, transparency, and rigor. The Chief Corporate Communications Officer, NNPC Limited, Olufemi Soneye, expressed gratitude to all applicants who participated in the process and assured...
The Nigerian National Petroleum Company Ltd. (NNPCL) has partnered Benjamin Olowojebutu Foundation (BOF) to enhance healthcare infrastructure and access to quality care in the country. Chief Upstream Investment Officer, NNPC, Mr Oluwaseyi Omotowa, said this during the handover of medical equipment to the foundation on Monday in Lagos. Omotowa...
Justice Inyang Ekwo of the Federal High Court Abuja has fixed March 18 for ruling on the Nigeria National Petroleum Company Limited (NNPCL)’s preliminary objection against a suit filed by the Dangote Petroleum Refinery and Petrochemicals FZE over oil import licence dispute. Justice Ekwo fixed the date after counsel...
By DAVID IORJA, Abuja – President Bola Tinubu, has assured Ogoni leaders on Tuesday in Abuja that his administration would prioritise peace, justice, and sustainable development in the area. At a meeting at the State House in Abuja, President Tinubu passionately called for unity and reconciliation, urging the Ogoni...
The Director-General, National Oil Spill Detection and Response Agency (NOSDRA), Chief Chukwuemeka Woke, has called for immediate repair of a leaking well-head at Bukuma in Degema Local Government Area of Rivers. Woke made the call during a tour to evaluate the extent of the spill which occured on a...
A former presidential spokesman, Dr Doyin Okupe, has congratulated Malam Mele Kyari, the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL) on his 60th birthday. Okupe, in his congratulatory message to Kyari, said that the NNPCL under the leadership of Kyari had shamed critics. “I...
By DAVID IORJA, Abuja – President Bola Tinubu has congratulated the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari on his 60th birthday on Jan. 8. President Tinubu in a statement by his media aide, Bayo Onanuga, commended Kyari’s diligence in transforming NNPCL...
Mele Kyari, a geologist and Group CEO of the Nigerian National Petroleum Company Limited (NNPCL), has dug his way into the tunnel of history. Within a space of two months, he announced the successful revamp of two refineries. In November 2024, Port Harcourt refinery came on stream. The following...
By JOY ADARA, Abuja – The Socio-Economic Rights and Accountability Project (SERAP) has urged the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari to “account for and explain the whereabouts of the alleged missing N825bn and $2.5bn meant for ‘refinery rehabilitation’ and other...
The Nigerian National Petroleum Company Limited (NNPC Ltd.), has said the 150,000 barrels per day (bpd) Port Harcourt Refinery and Kaduna Refinery are undergoing a comprehensive overhaul, designed to meet world-class standards. The company said the rehabilitation done at the 60,000 bpd Port Harcourt Refinery and Warri Refinery was...
The Nigerian National Petroleum Company Limited (NNPCL) has invited ex-President Olusegun Obasanjo to tour the Port Harcourt Refinery. According to a statement on Thursday, the NNPCL said the move was for Obasanjo to verify the operational status of the oil processing facility in Rivers State. In an interview with...
The Nigerian National Petroleum Company Limited (NNPC Ltd.) says it has revived the Warri Refinery with the re-streaming of the plant’s Crude Distillation Unit (CDU). The NNPC Ltd. said the restreaming of the CDU on Monday, marked the beginning of the gradual start-up of the refinery following its successful...
By MARY RONKE, Minna – Niger State Governor, Umaru Bago has commended President Bola Tinubu for his relentless efforts that has resulted in the re-opening of the Warri refinery. Governor Bago also acknowledged the efforts of the Management of NNPC Ltd, led by Mele Kyari, in making presidential mandate...
The 125, 000 barrels per day Warri Refining & Petrochemicals Company (WRPC) in Warri, Delta State is now up and running. This was disclosed by the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari during a tour of the facility on Monday. Before...