Latest News for: Nigerian petroleum

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Again, NNPCL Cautions against Panic Buying, Says 30 Days Petrol Sufficiency Intact

This Day 08 May 2024
Amid the current scarcity of petrol and long queues at filling stations across the country, the Nigerian National Petroleum Company Limited (NNPCL) has advised Nigerians against indulging in panic buying of the product.
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NANS Threatens Mass Protest over Electricity, Fuel Scarcity

This Day 08 May 2024
According to him, the association also frowned at the Nigerian National Petroleum Corporation Limited (NNPCL)and Nigeria Electricity Generation Company for their inability to meet the demands of the citizens.
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New Licensing Round: Era of Frontloaded Huge Oil Signature Bonuses Over, Says Komolafe

This Day 08 May 2024
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) yesterday disclosed that the era of collecting huge oil signature bonuses which impede the capacity of bid winners to make quick and requisite investments in the new assets was over.
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NNPC warns against panic buying second time in 2024

Business Day Online 07 May 2024
The Nigerian National Petroleum Company (NNPC) Limited has called on motorists to shun panic buying of premium motor spirit (PMS)... read more NNPC warns against panic buying second time in 2024 ... .
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Pipeline Surveillance: Itsekiri Stakeholders Fault Blackmail against Olu of Warri, OMS, PINL

This Day 07 May 2024
He explained that the pipeline surveillance of the TFP begun around 2019, when the Nigerian Petroleum Development Company (NPDC) awarded a contract to Ocean Marine Solutions (OMS) to provide ...
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Oil Industry Stakeholders to Brainstorm on Energy Demand at NOG 2024

This Day 07 May 2024
The statement also quoted the Executive Vice President (Upstream), Nigerian National Petroleum Company Limited (NNPCL), Mrs Oritsemeyiwa Eyesan, to have shared the organisation’s plans to deepen ...
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Divestment: Oando to Double Crude Output to 50,000bpd after Eni Deal

This Day 06 May 2024
Eni currently holds a 20 per cent operating stake in the JV alongside Oando with 20 per cent and state-owned Nigerian National Petroleum Company Limited (NNPC) with 60 per cent.
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NECA: Fuel Scarcity Now a Sore That Refuses to Heal

This Day 06 May 2024
He called for heightened collaboration among the NNPC, Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), petroleum marketers, and other stakeholders to optimise fuel distribution and mitigate supply chain disruptions. .
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Elusive Gains of Subsidy Removal in the States

This Day 05 May 2024
With the removal of petroleum subsidy by President Bola Tinubu in May last year, there were expectations that the Nigerian people would be better for it as the policy would free up financial resources ...
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Tinubu to commission three gas infrastructure projects

Business Day Online 04 May 2024
President Bola Tinubu is scheduled to inaugurate three important gas infrastructure projects being carried out by the Nigerian National Petroleum. read more Tinubu to commission three gas infrastructure projects ... .
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For Reinvestment in Mobil, Shell, Agip, Equinor Oil Blocks, NUPRC Gives Two-week Ultimatum

This Day 04 May 2024
In a bid to quickly advance the close-out of the ongoing oil and gas reinvestment and divestment process in the country, totalling 26 blocks, the Nigerian Upstream Petroleum Regulatory Commission ...
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To Accelerate Reinvestment in Mobil, Shell, Agip, Equinor Oil Blocks, NUPRC Gives Two-week Ultimatum

This Day 04 May 2024
In a bid to quickly advance the close-out of the ongoing oil and gas divestment processes in the country, totalling 26 blocks, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) yesterday ...
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Fitch Revises Nigeria’s Outlook to Positive, Affirms ‘B-‘ Rating amid Market-friendly Reforms

This Day 04 May 2024
This is due to improving non-oil revenue and partial fuel subsidy removal being offset by underperformance in oil profits from Nigerian National Petroleum Corporation Limited (despite a potential ...
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NSE President To Speak at 2024 Offshore Technology Conference

This Day 03 May 2024
Dignitaries expected at the programme include the Group Chief Executive Officer of the Nigerian National Petroleum Corporation (NNPC) Limited, Mr.
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Nigeria : NNPC boss Mele Kyari's foreign legion

Africa Intelligence 03 May 2024
Mele Kyari has been boss of the Nigerian National Petroleum Corp (NNPC) since ...
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