The Nigerian National Petroleum Company Limited (NNPCL) says it is inching close to 100 per cent crude oil production capacity following strengthened collaboration with security and intelligence agencies. Group Chief Executive Officer of NNPC Ltd, Mr Bayo Ojulari, expressed the optimism at the opening of the maiden African Chiefs[Read More…]
A Director at the Nigerian National Petroleum Company Ltd (NNPCL), Mr Yusuf Usman, said the company has drilled four oil wells in the Kolmani area of Bauchi State. Usman also restated commitment of the company to the exploration and development of oil and gas resources in the northern[Read More…]
The Nigerian National Petroleum Company Limited (NNPC Ltd.) recorded a 100 per cent availability on Major Crude Oil Pipelines in the country in June 2025, the Group Chief Executive Officer of NNPC Ltd., Mr Bashir Ojulari, said on Tuesday. Delivering a keynote address at the 24th NOG Energy[Read More…]
President Bola Tinubu has removed the chairman, Nigerian National Petroleum Company Limited board, Pius Akinyelure, and the Group Chief Executive Officer, Mele Kyari. Tinubu also appointed Bashir Ojulari as Kyari’s replacement with immediate effect. Bayo Onanuga, Tinubu’s Special Adviser on Information and Strategy, announced the development in a statement he[Read More…]
The Warri Refining & Petrochemicals Company (WRPC), has begun production at a capacity of 125,000 barrels per day. The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari, made this known on Monday during a visit to the facility. Addressing a team[Read More…]
Dangote Petroleum Refinery and Petrochemicals FZE has sought to amend its suit against the Nigerian National Petroleum Company Limited (NNPCL) and others. The plea to amend the suit followed an application by the NNPCL before Justice Inyang Ekwo of a Federal High Court in Abuja, urging the court to[Read More…]
Nigerian Coalition of Civil Society Organisations (NICOCSO) has called on Nigerian National Petroleum Company Limited (NNPCL) to render an account of the 20 billion US dollars allegedly spent for the repair of refineries since 2007. The News Agency of Nigeria (NAN) reports that the call came amidst a threat[Read More…]
NNPCL to Pump More Funds into Oil, Gas Infrastructure The Nigerian National Petroleum Company Limited says it will 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 businesses in Nigeria. According[Read More…]
NNPCL to pay royalties, taxes from $3.3bn Afrexim loan The Nigerian National Petroleum Company Limited, on Sunday, said it would prepay future royalties and taxes to the Federal Government from the $3.3bn financing deal it got from African Export-Import Bank last year. NNPCL disclosed this in a document[Read More…]
NNPCL announces date to complete Port-Harcourt Refinery Phase 2 repair The Nigerian National Petroleum Company Limited has announced that the Port-Harcourt Refinery Company Limited Phase 2 repair will be completed at the end of the fourth Quarter of 2024. NNPCL Group Chief Executive Officer, Mele Kyari disclosed this during[Read More…]
