Tag
NNPCL
The House of Representatives has dissolved the ad-hoc Joint Committee on Downstream and Midstream that was probing the activities of the Nigeria National Petroleum Company Ltd. (NNPCL) and the Nigeria Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) regarding the importation of adulterated petrol and the non-availability of crude oil to local refineries.
Nigeria’s average daily crude oil production in the month of June rose marginally to 1.276 million barrels.
The Nigeria National Petroleum Corporation (NNPC) Limited has attributed the recent scarcity and hike in fuel price observed in Abuja on disruptions in movement of the products caused by thunderstorms and other weather-related issues.
The Nigerian National Petroleum Corporation (NNPC) Limited has advised Nigerian legislators to avoid sending investors away from Nigeria through "incessant invitations" of CEOs of international companies.
The Nigerian National Petroleum Company, Ltd has declared war against the challenges affecting the country’s crude oil production and further calling for collaboration between stakeholders in the oil and gas industry in the fight.
The Nigerian National Petroleum Company (NNPC) Ltd has recorded a total of 400 incidents of crude oil theft in the past one week.
Nigeria, a leading oil producing nation has struggled to attract the right investments to scale its oil and gas industry, despite having the largest gas reserve base in Africa.
Afrexim bank have announced the disbursement of $925 million- another tranche of the $3.3 billion crude oil backed loan agreement it entered into with the NNPC last year.
The federal government has launched a 5.2 million standard cubic feet per day (mmscfd) Compressed Natural Gas (CNG) plant in Lagos in attempt to offer alternative fuel sources and mitigate the effects of petrol subsidy removal.
President Bola Tinubu has said he is committed to the quick resolution of the divestment issues between ExxonMobil and indigenous energy company, Seplat Energy.
The Nigerian National Petroleum Corporation Limited (NNPC. Ltd) has sealed a significant deal with American oilfield company, Schlumberger (SLB), to boost upstream operations in Nigeria’s oil and gas sector.
The Nigerian National Petroleum Company Limited (NNPC Ltd) has said that the country’s gas sector is now strategically positioned to assist businesses in generating increased revenue.