NNPC Archives | Ibe Kachikwu

31st March 2022

Eni, FAO and NNPC Commission Solar-Powered Water Projects in North-Eastern Nigeria

The Italian multinational energy firm Eni, the Food and Agriculture Organization of the United Nations (FAO), and the Nigerian National Petroleum Corporation (NNPC) have commissioned 11 solar-powered water schemes in...

1st February 2022

Nigeria Lost Close to Half a Billion in Oil Revenues to Force Majeure in December

According to Nigeria's National Oil Company, the Nigerian National Petroleum Corporation (NNPC), OPEC's largest African producer, lost an estimated $487.5 million in oil earnings in December 2021 due to force...

24th August 2021

Nigeria’s NNPC Inaugurates Board of Greenfield Refinery Limited (NGRL)

The board of Greenfield Refinery Limited (NGRL), a subsidiary of the Nigerian National Petroleum Corporation (NNPC), has been established to oversee the construction and management of new refineries. During the...

14th August 2021

Nigeria’s NNPC Praises NIPCO’s Investment in Gas Infrastructure

The Nigerian National Petroleum Corporation (NNPC) has pledged to continue supporting NIPCO Plc in its efforts to boost gas infrastructure investment to promote compressed natural gas as a preferred auto...

11th August 2021

Nigeria’s NNPC Announces Major Reshuffling in Anticipation of PIB

The Nigerian National Petroleum Corporation (NNPC) has announced a substantial shakeup in its management in preparation for the soon-to-be-passed Petroleum Industry Bill (PIB). In a statement, the Corporation said: “Other...

8th August 2021

FG Grants NNPC Approval to buy 20% Stake in Dangote’s Refinery

According to Nigeria's Minister of State for Petroleum Resources, Timipre Sylva, the Federal Government has authorised the state-owned oil corporation, the Nigerian National Petroleum Corporation (NNPC), permission to buy a...

14th July 2021

Crude Supply to Private Refineries is Being Hampered by Foreign Exchange – NNPC

The Nigerian National Petroleum Corporation, NNPC’s Chief Operating Officer, Refineries, Mustapha Yakubu, stated at the recently completed 2021 Nigerian Oil and Gas (NOG) conference in Abuja that several private refineries...

1st July 2021

NNPC Concludes Plan to Award EPC Contracts for Kaduna and Warri Refineries

By the end of July, the Nigerian National Petroleum Corporation (NNPC) would have finalised preparations to award rehabilitation contracts for the 110,000 barrels per day (b/d) Kaduna and 125,000 barrels...

30th June 2021

Nigeria Progresses with Acquisition of Stake in Dangote Refinery

According to the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari, the Corporation has signed term sheets with Dangote Group to purchase a 20% stake in...

31st May 2021

NNPC to Purchase a 20% stake in Dangote Refinery; Says Nigeria has a Market for Hydrocarbons

The Nigerian National Petroleum Corporation's Chief Operating Officer, Refining and Petrochemicals, Mr Mustapha Yakubu, at the end of a two-day Nigeria Oil and Gas Opportunity Fair (NOGOF) titled "Leveraging Opportunities...