NNPC Archives - Page 2 of 6

21st May 2021

Total to Change its Name to “Total Energies”

At the 5th Sub Saharan African International Petroleum Exhibition and Conference (SAIPEC) organised by the Petroleum Technology Association of Nigeria (PTAN), the Chief Executive Officer of Total, Mike Sangster, disclosed...

17th May 2021

Nigerian State-owned Refineries Processed no Crude Oil in January 2021

In the latest published financial and operations report by the Nigerian National Petroleum Corporation, NNPC, the three state-owned refineries did not refine any crude oil in January 2021. The refineries...

17th April 2021

Total Postpones South African Drilling; Nigerian NETCO to Expand to Equatorial Guinea

SOUTH AFRICA According to Reuters, French oil and gas group, Total, through the consultant conducting the environmental and social assessment in Block 11B/12B, SLR Consulting, has written to postpone its...

15th April 2021

NNPC Recorded N234.722b petrol sales in January; Reduction in Pipeline Vandalism

In the January 2021 edition of the Nigerian National Petroleum Corporation's (NNPC) Monthly Financial and Operations Report (MFOR), the national oil company recorded about N234,722,222,150 from the sale of the...

25th March 2021

Bid Winners of Nigeria’s Marginal Oilfield Round Have Started Paying Signature Bonuses

The Nigerian Minister of State for Petroleum Resources, Chief Timipre Sylva, said almost 50% of the companies who won the bid for the fifty-seven (57) marginal oilfields have paid their...

4th March 2021

Transit Gas and NGMC Commissions 18-Km Gas Pipeline System in Ogun State, Nigeria

Transit Gas Nigeria Limited, a subsidiary of Axxela Limited, in partnership with a subsidiary of the Nigerian National Petroleum Corporation (NNPC), the Nigerian Gas Marketing Company Limited (NGMC), has commissioned...

22nd January 2021

Over $10 Billion Investment in Energy Infrastructure is Ongoing in Nigeria – NNPC GMD

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari, announced that there is at least $10 billion worth of investments currently ongoing in the energy sector...

18th January 2021

Heirs Holdings Acquire Nigerian Oil Licence OML 17 Assets for $1.1 billion

Heirs Holdings, in partnership with its affiliated company, Transnational Corporation of Nigeria Plc ("Transcorp"), has announced the unconditional acquisition of a 45% participating interest in Nigeria oil license OML 17...

13th January 2021

NNPC Diversifying Portfolio Beyond Oil Assets – Mele Kyari

Speaking at the Gulf Intelligence "Global" United Arab Emirates Energy Forum 2021, the Group Managing Director of the Nigerian National Petroleum Company (NNPC), Mele Kyari, said that the National Oil...

8th January 2021

Nigeria to Sanction Fuel Marketers who do not Adhere to PPPRA Regulations

Nigeria's Petroleum Products Pricing Regulatory Agency (PPPRA), has cautioned oil marketers and operators in the downstream sector against non-compliance with the terms of the Petroleum Products Commercial Framework Regulations. The PPPRA...