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- 3 minutes Read
OVH Acquisition: The Facts–NNPC Ltd
The Nigerian National Petroleum Company Limited has refuted a press release signed by Mr. Paul Ibe, a Media Adviser to the former Vice President, Alhaji Atiku Abubakar. The company in…
- 2 minutes Read
Sustained Production with New Maintenance, Compliance Measures at Warri/Kaduna Refinery–NNPC Ltd
The Nigeria National Petroleum Company Limited, NNPC Ltd, is set to ensure sustained production and enhance refining quality at its Warri and Kaduna plants. The global energy player will also…
- 2 minutes Read
Ezeafulukwe Emerges Transcorp Power’s Non-Executive Director
Transcorp Power Plc has announced the appointment of Christopher Ezeafulukwe as non-executive director. The company in a statement said Ezeafulukwe’s appointment was sequel to the approval of the Nigerian Electricity…
- 5 minutes Read
Major Oil Companies in Nigeria Reluctant to Supply Crude Oil to Dangote Refinery
President Bola Tinubu’s directive to the Nigerian National Petroleum Company Limited (NNPCL) and other oil producers to sell crude oil to Dangote Refinery and other upcoming refineries in naira may…
- 4 minutes Read
Work Reaches Advance Stage at $25bn Nigeria-Morocco Gas Pipeline Gains
The $25 billion Nigeria-Morocco gas pipeline project has attracted more regional participation that is expected to reduce funding challenges of the project.The new funding arrangement is coming after Equatorial Guinea…
- 1 minute Read
ExxonMobil Announces Second-quarter 2024 Results
Exxon Mobil Corporation has announced its second-quarter 2024 earnings of $9.2 billion, or $2.14 per share assuming dilution. According to the company, cash flow from operating activities was $10.6 billion…
- 2 minutes Read
NEITI Launches First Data Centre
The Nigeria Extractive Industry Transparency Initiative (NEITI) has launched its first multi-million Naira Data Centre. According to a statement by Mrs. Obiageli Onuorah, Acting Director and Head, Communications & Stakeholder…
- 3 minutes Read
NNPC Declares 2023 Audited Financial Statement…Posts N3.3trn
….Net Profit, Declares N2.1trn Dividend …Targets 2mbpd Crude Oil Production by Dec 2024 The NNPC Limited has released its 2023 Audited Financial Statement (AFS), declaring a net profit of N3.297…
- 3 minutes Read
Lokpobiri, Uzoka-Anite, Dangote Endorse Inaugural Nigerian Crude Oil Refining Summit
The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, the Minister of Industry, Trade and Investment, Dr. Doris Uzoka-Anite, and Alhaji Aliko Dangote, President/Chairman of the Dangote Refinery,…
- 2 minutes Read
We Are Not Owing $6.8bn to Any International Oil Trading Company-NNPC Ltd
The Nigerian National Petroleum Company Limited (NNPC Ltd) has refuted the allegation that it is owing international trading companies.The company in statement sined by Olufemi Soneye, the Chief Corporate Communications…