By Sunday Etuka, Abuja  The Group Chief Executive Officer of the Nigerian National Petroleum Company (NNPC Ltd), Mr. Mele Kyari has been Awarded the Energy Times' GCEO of the Year, in recognition of his hard work. Chief Corporate Communications Officer of the Company, Mr. Olufemi Soneye received the award on behalf...
By Sunday Etuka, Abuja  Following the ongoing efforts to increase oil production in the country, the Nigerian National Petroleum Company Limited (NNPC Ltd) and its Joint Venture partner in OML 85, First Exploration and Petroleum Development Company Limited (First E&P), have commenced oil production from the asset also known as...
By Sunday Etuka, Abuja  The Nigerian National Petroleum Company Limited (NNPC Ltd) and its Joint Venture partners in OML 18 have donated a 2,300-seater state-of-the-art digital library to the Niger Delta University, Wilberforce Island, Amassoma, Bayelsa State. This, according to a statement by the Chief Corporate Communications Officer of the NNPC...
By Sunday Etuka, Abuja  With the recent increase in the nation's gas reserves, and the plan to leverage its abundance to end poverty in the country, the Federal Government has restated its commitment to achieving zero routine gas flaring within the decade. This, it said could be done through the...
By Sunday Etuka, Abuja Dangote Petroleum Refinery has announced a further reduction of the price of diesel from 1200 to 1,000 naira per litre. While rolling out the products, the refinery supplied at a substantially reduced price of N1,200 per litre three weeks ago, representing over 30 per cent reduction from...
By Sunday Etuka, Abuja  The Natural Oil and Gas Suppliers Association of Nigeria (NOGASA) has denied having issues with the Petroleum Tankers Drivers (PTD), nor the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG). NOGASA President, Chief Bennet Korie made the clarification in a statement on Tuesday, April 16, 2024. This...
By Sunday Etuka, Abuja The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has disclosed that the nation's oil and condensate reserves increased to 37.50 Billion Barrels in January 2024. Commission Chief Executive, NUPRC, Engr. Gbenga Komolafe disclosed this on Monday while addressing newsmen in Abuja. He said, “Crude Oil and Condensate reserves stand...
By Sunday Etuka, Abuja  Minster of State for Petroleum Resource (Oil), Sen. Heineken Lokpobiri has allayed fear over the reported shortfall in oil production in Nigeria during the first quarter of 2024. Recall that the Monthly Oil Market Report for April 2024, released by the Organisation of Petroleum Exporting Countries (OPEC)...
By Sunday Etuka, Abuja  The Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company Limited (NNPC Ltd.) Mr. Mele Kyari, has disclosed the crucial role of natural gas in achieving energy security and sustainable development in Nigeria. Kyari, spoke at the public presentation of the book, "The Rise of...
By Sunday Etuka, Abuja The Nigerian National Petroleum Company Limited (NNPC Ltd) has assured that normalcy would return to the disrupted fuel supply chain in Lagos State today. Olufemi Soneye, the Chief Corporate Communications Officer of the NNPC Limited gave the assurance in a statement on Friday. The company attributed the supply...