NNPC Addresses Fuel Queues, Cites Logistics Challenges and Flooding …NNPC and Stakeholders Vow to Restore Normalcy NNPC Ltd has attributed the recent fuel queues in the Federal Capital Territory (FCT) and other parts of Nigeria to disruptions in the ship-to-ship (STS) transfer of Premium Motor Spirit (PMS), also known as petrol. The disruptions were caused…
S&P Global: Dangote Refinery Can Solve Nigeria’s Forex Problems …Refinery poised to catalyze economic development The Dangote Refinery has announced that it will begin the availability of Premium Motor Spirit (PMS) starting this July. The international financial analytics corporation, S&P Global, has highlighted the 650,000 barrels per day (bpd) Dangote Oil Refinery and Petrochemicals company…
Sahara Group Highlights Sustainability Milestones in Third Edition of Gree’n’lectric Leading responsible energy and infrastructure conglomerate, Sahara Group, has reinforced its dedication to managing its environmental footprint through carbon emission reduction strategies across its businesses. During the unveiling of the third edition of Gree’n’lectric, a Sahara Power Group digital publication dedicated to promoting clean energy…
Chevron Nigeria Wins Best Exhibitor Award at 2024 NOG Energy week Chevron Nigeria Limited (“CNL”), operator of the joint venture between the Nigerian National Petroleum Company Limited (“NNPCL”) and CNL – “NNPCL/CNL JV” – was on Wednesday July 3, 2024, recognized with the Best Exhibitor award at the 2024 edition of the Nigerian Oil and…
NNPC Ltd Calls for Development of Institutions to Finance Energy Projects …Says everyone has role to play in de-risking sector to attract investors The Nigerian National Petroleum Company Limited (NNPC Ltd) has called for the establishment of more local institutions in Nigeria and Africa with capacity to provide funding for energy projects to tackle energy…
Lokpobiri Visits Aradel’s Ogbele Facility Senator Heineken Lokpobiri, Minister of State Petroleum Resources (Oil), visited the Ogbele Facility in PML 14, Rivers State, which is 100% owned and operated by Aradel Energy Ltd, a fully owned subsidiary of Aradel Holdings Plc. The Minister toured various locations within the Ogbele Facility, including the 11kbbl/d refinery, loading…
NNPC Says Focused On Action to Boost Oil Output Nigerian state oil company NNPC Ltd is committed to reversing declining crude production and will replace partners that fail to fulfil their joint venture commitments on output, group chief executive, Mele Kyari, said on Tuesday. Oil output in Africa’s top exporter has fallen in recent years,…
2024 NOG ENERGY WEEK INDUSTRY KEYNOTE ADDRESS FROM MR. ABDULRAZAQ ISA OFR CHAIRMAN, INDEPENDENT PETROLEUM PRODUCERS GROUP (IPPG) Your Excellencies, Captains of Industry, Distinguished Ladies and Gentlemen. Kindly permit me to stand on already-established protocols for the day. On behalf of the Independent Petroleum Producers Group (IPPG), it is with great honour and a privilege…
Join NNPCL to Grow Crude Oil Production or Nigeria Will Develop Without You, Kyari Tells Oil Firms The Group Chief Executive Officer of the Nigerian National Petroleum Company Ltd, Mele Kyari, has charged Oil companies operating in Nigeria to join the national oil company in its quest to boost oil and gas production in the…
NCDMB Unveils Procedures for Implementation of Presidential Directive on Local Content …Highlights Recent Accomplishments The Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe, on Monday in Abuja hailed the Presidential Directive on Local Content Compliance Requirements as crucial for enhanced competitiveness and mitigation of risks in regard to unqualified…