By Jemimah Wellington, JKNewsMedia Reporter MOUNTING ALARM over misleading fuel marketing and quality misinformation has prompted Mele Kyari, Group Chief Executive Officer of Nigeria National Petroleum Company (NNPC) Limited, to initiate robust legal and security measures. A TikTok video posted by @valorreviews featured a demonstration in whi...
By Joke Kujenya THE NIGERIAN National Petroleum Company Limited (NNPC) has dismissed claims that the rehabilitated Old Port Harcourt Refinery is non-operational. The company confirmed the facility is functioning at 70% of its installed 60,000 barrels-per-day capacity, with plans to increase output to 90%. The refinery, revitalised after years ...
By Joke Kujenya TUESDAY’s SUCCESSFUL restoration of petroleum product loading at the Port Harcourt refinery has drawn praise from President Bola Tinubu, who sees the achievement as a critical step in Nigeria’s journey towards energy independence. The milestone, marked on 26 November 2024, symbolises progress in addressing the count...
By Jemimah Wellington, JKNewsMedia Reporter THE NIGERIAN National Petroleum Company Limited (NNPC Ltd) and its partners announced they have successfully ramped up crude oil production to 1.8 million barrels per day (mbpd) and gas production to 7.4 billion standard cubic feet per day (bscfd), marking a significant milestone in its operations. D...
By JKNewsMedia AIMING TO reduce Nigeria’s high cancer mortality rate, the Nigerian National Petroleum Company Limited (NNPC Ltd), in collaboration with TotalEnergies Upstream Nigeria Limited, SAPETRO, CNOOC, and PRIME 130, has launched an advanced mammography centre at the Federal University Teaching Hospital in Lafia, Nasarawa State. This new...
By Jemimah Wellington, JKNewsMedia Reporter THE NIGERIAN National Petroleum Company (NNPC) Ltd has highlighted the urgent need for collaboration and transparency among stakeholders in the oil and gas sector. Group Chief Executive Officer, Mele Kyari, delivering a vital message during a Strategic Panel Session titled “Decarbonising Operations a...
By Ajibola Olaide, JKNewsMedia Reporter A HELICOPTER crash off the coast of Port Harcourt, Rivers State, has led to the feared deaths of all eight passengers on board. The Sikorsky SK76, with registration 5NBQG, operated by East Winds Aviation, departed the Nigerian Air Force Base (NAF) en route to the FPSO NUIMS ANTAN oil rig […]
By Jemimah Wellington, JKNewsMedia Reporter THE PUMP price of Premium Motor Spirit (PMS), commonly known as petrol, has skyrocketed to N1,030 per litre at various stations across the nation. This sharp increase follows the Nigerian National Petroleum Company (NNPC) Limited’s decision to fully deregulate the downstream oil sector, ending ...
By Joke Kujenya NIGERIA IS set to see a major shift in fuel supply as the Dangote Refinery prepares to start distributing Premium Motor Spirit (PMS). The first batch of petrol is scheduled to be loaded Sunday, marking a significant milestone in local fuel production. This was confirmed by Mr. Wale Edun, the Minister of […]
By Joke Kujenya NIGERIA’s OIL and gas industry is seeing significant changes as the Nigerian National Petroleum Company Limited Ltd (NNPCL), and Chevron Nigeria Ltd (CNL), completed the conversion of five joint venture assets under the Petroleum Industry Act (PIA) 2021. The move transitions these assets from the Petroleum Profit Tax (PPT) fram...
