By JKNewsMedia A MAJOR leap in Nigeria’s energy infrastructure has emerged with Fidelity Bank Plc backing the country’s first privately built and operated onshore crude oil export terminal in over 50 years. Situated at the Otakikpo Marginal Field in Rivers State, the terminal is operated by Green Energy International Limited (GEIL). It record...
By Jemimah Wellington, JKNewsMedia Reporter AT LEAST 200 employees have been sacked by the Nigerian National Petroleum Company (NNPC) Limited in a sweeping internal shake-up that has upended its executive structure, with several top officials ousted and new female leaders taking key roles. The wave of terminations—quietly executed but deeply ...
By Paul Ejime ORDINARILY, PRESIDENT Bola Tinubu’s reconstitution of the governing board of the Nigerian National Petroleum Company (NNPC) Limited should inspire hope for positive changes in the country’s beleaguered petroleum sector, but for critics and many Nigerians, it is a wait-and-see response. An official government statement on 2n...
By Jemimah Wellington, JKNewsMedia Reporter THE MANAGEMENT and staff of the Nigerian National Petroleum Company (NNPC) Ltd have warmly welcomed the appointment of Bayo Ojulari as the new Group Chief Executive Officer (GCEO). A statement issued by the company notes that his appointment, made by President Bola Ahmed Tinubu, marks a significant l...
By Jemimah Wellington, JKNewsMedia Reporter THE NIGERIAN National Petroleum Company (NNPC) has expressed optimism that Nigeria’s crude oil production could reach up to three million barrels per day (bpd) if stakeholders in the oil sector work together. Currently, the country produces an average of 1.3 million bpd, according to the Organi...
