The protracted rift between the Management of Total Energies, the operator of the NNPC/Total JV, the Petroleum and Natural Gas Senior Staff Association, (PENGASSAN), and the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has been settled by the Nigerian National Petroleum Company Limited, (NNPCL).
NNPCL's Chief Corporate Communications...
Oil Communities in Bayelsa State have threatened to halt oil production in the area if the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) fails to refrain from actions that could potentially reduce or create bottlenecks for the three per cent host community fund under the Petroleum Industry Act (PIA).
Their grievances...
The Nigerian National Petroleum Company (NNPC) Limited, in partnership with Kudimata Nigeria Limited, is set to train over 200,000 youth corps members in financial literacy.
This was disclosed in a statement by the Chief Corporate Communications Officer,
NNPC Ltd. Femi Soneye on Friday.
Soneye said, the training of the Batch C corps...
The recent partnership agreement signed by the Federal Government of Nigeria, and the Government of the Kingdom of Saudi Arabia will not only increase oil production levels and secure a more reliable energy supply, but will help reduce the nation's import dependency.
Honorable Minister for State Petroleum Resources (Oil), Senator...
An official of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Dr. Kelechi Ofoegbu, has denied any wrongdoing in the $800,000 fraud case involving wind turbine energy giant, Nordex.
He has therefore, asked both Nigeria’s Inspector General of Police and INTERPOL to investigate the matter further to prove his innocence.
Dr. Ofoegbu...
The Nigerian National Petroleum Company Limited (NNPC Ltd.) has disclosed that the protracted war between Russia and Ukraine has heavily impacted Nigerian crude oil inflows and sales in the international oil market.
NNPC's Chief Corporate Communications Officer, Femi Soneye who made this known in a statement on Thursday said, the...
...Consults Stakeholders To Issue Three More Regulations
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has hinted that about 26 to 30 key regulations would be required for the effective implementation of the Petroleum Industry Act (2021).
Engr. Gbenga Komolafe, the Commission Chief Executive, gave the hint at the Phase 4 Stakeholders...
...Exports 950,000 Barrels To France, Netherlands
The Nigerian National Petroleum Company (NNPC) Ltd has announced the introduction of Nembe Crude Oil Grade, a new crude oil grade into the international crude oil market.
This was disclosed by the Chief Corporate Communications Officer of the NNPC Ltd. Olufemi Soneye on Tuesday.
Soneye said,...
Seplat Energy Plc has extended its warmest congratulations to His Royal Majesty (Maj-Gen) Felix Mujakperuo (rtd), Orhue I, CFR, mni, the Orodje of Okpe Kingdom, on his investiture as the Chancellor of the Nigerian Army University, Biu, Borno State.
The company in a statement on Tuesday said, the prestigious appointment...
The Nigerian National Petroleum Company Limited (NNPC Ltd.) has said it would collaborate with the Nigeria Extractive Industries Transparency Initiative (NEITI) and all relevant stakeholders in the Presidential Reconciliation Committee to reconcile the unremitted figures in the 2021 Audit Report.
President Bola Ahmed Tinubu set up the Reconciliation Committee to...
