NNPCL forges alliance with Nigerian companies on contracts for petroleum licenses

The Nigerian National Petroleum Company Limited has successfully formed an alliance with local private oil and gas enterprises through a collaborative production sharing contract concerning petroleum exploration licenses. NNPCL conveyed this information in a statement on Monday, indicating that the momentous occasion unfolded at the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) Headquarters situated in Abuja….

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NNPCL, NLNG, and Others Forge Landmark Agreement for the Supply of 1.29 Bscf

Two prominent oil and gas entities from Nigeria, the esteemed Nigerian National Petroleum Company Limited and Nigeria Liquified Natural Gas Limited, alongside various other key upstream gas producers, have successfully inked Gas Supply Agreements to facilitate the delivery of an impressive 1.29 billion standard cubic feet per day (bscf/d) of feed gas. NNPCL announced this…

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Oil and Gas Sector Reforms Will Position Nigeria as a Preferred Investment Destination – Group

By Ajibola Olarinoye  The Renewed Hope Ambassadors (RHA), a socio-political pressure group, stated on Thursday that ongoing reforms in Nigeria’s oil and gas sector will establish the country as the top investment destination in Africa. In response to recent developments in the sector, including the leadership transition at the Nigeria National Petroleum Company Limited (NNPCL),…

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Oil Production: Nigeria Aims for 2 Million Barrels Per Day by December 31 — NNPCL

The Nigerian National Petroleum Company Limited (NNPCL) has announced its commitment to collaborate with key stakeholders to increase crude oil production to over two million barrels per day (bpd) by the end of 2024. Olufemi Soneye, the Chief Corporate Communications Officer of NNPCL, shared this information in a statement on Monday, addressing concerns regarding discrepancies…

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“Don’t mislead Nigerians” – Dangote refutes NNPCL’s claim of selling fuel at N898/litre

Dangote Refinery has responded to the Nigerian National Petroleum Company Limited (NNPCL), which alleged that it purchased fuel from them at N898 per litre. [Read more here](https://dailypost.ng/2024/09/15/dangote-sold-fuel-to-us-at-n898-per-litre-nnpcl/). In a statement released to newsmen  and signed by Anthony Chiejina, the Group Chief Branding and Communications Officer of Dangote Company, the claims were firmly rejected. Chiejina labeled…

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Fuel Price Increase: Nigerians bear the burden of NNPCL’s inefficiency- NECA

The Nigeria Employers Consultative Association (NECA) has condemned the recent increase in the pump price of Premium Motor Spirit (PMS), commonly known as petrol, by the Nigerian National Petroleum Company Limited (NNPCL). NECA characterized this situation as Nigerians suffering due to the inefficiencies of NNPCL. In a statement released on Tuesday in Abuja, NECA’s Director…

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