Oil & Gas (Page 67)

By Ella Anokam The Nigerian National Petroleum Company Limited (NNPC Ltd), is set to spud the first Oil Well in Nasarawa state in March 2023, in continuation of its oil exploration activities in the country’s inland basins. The Group Chief Executive Officer of the Company, Malam Mele Kyari, disclosed thisContinue Reading

By Ella Anokam Nigeria and Spain have expressed commitment to deepen bilateral relationship and partnership in investments and development of Nigerian gas resources for global energy market. Chief Timipre Sylva, Minister of State for Petroleum Resources made this known on Thursday in Abuja when he received Spanish Foreign Minister, JoseContinue Reading

By Ella Anokam The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has begun the 2022 mini-bid round process in accordance with the Petroleum Industry Act (PIA), 2021. The mini-bid round is an opportunity to spur new oil exploration and drilling activities in the prospective deep waters offshore Nigeria. Mr Gbenga Komolafe,Continue Reading

By Sunday Bassey The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has sealed 14 filling stations in Oron, Akwa Ibom, for selling Premium Motor Spirit (PMS) above the regulated price. Mr Joy Koro, the agency’s Team Lead, Distribution Systems Storage and Retailing Infrastructure, made the disclosure in an interviewContinue Reading

  NNPC Weekly: Kyari shops for more FDI in Nigeria’s Energy Sector NNPC By Edith Ike-Eboh and Emmanuel Afonne Abuja, Sept. 1, 2022 (NAN) Malam Mele Kyari, the Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company Limited (NNPC Ltd.) has urged investors to take advantage of theContinue Reading

  President Buhari (middle) at the unveiling of NNPC Limited  NNPC Weekly: Making, understanding the new NNPC Ltd. NNPC By Edith Ike-Eboh and Emmanuel Afonne Abuja, July 25, 2022 (NAN) It was a moment of joy for stakeholders in the oil and gas industry as President Muhammadu Buhari unveiled theContinue Reading

NNPC By Edith Ike-Eboh and Emmanuel Afonne Abuja, July 10, 2022 (NAN) The Nigerian National Petroleum Company Limited (NNPC Ltd.) started the new week with an assurance to its investors and stakeholders that the days of complacency were over. The assurance came following the repositioning of the company to focusContinue Reading

NNPC By Edith Ike-Eboh and Emmanuel Afonne Abuja, July 4, 2022 (NAN) The Nigerian National Petroleum Company Limited (NNPC Ltd.) started its weekly activities with a resolve to quickly end the incessant queues at various filling stations in the Federal Capital Territory (FCT), Abuja. By this resolution, the company inContinue Reading

NNPC By Edith Ike-Eboh and Emmanuel Afonne Abuja, June 27, 2022 (NAN) The Nigerian National Petroleum Company Limited (NNPC Ltd.) started it activities for the new week with words of commendation from the Nigeria Extractive Industries Transparency Initiative (NEITI). The Executive Secretary of NEITI, Dr Ogbonnaya Orji, stated at theContinue Reading