NNPC News

NNPC Ltd disclaims report on alleged inflated subsidy claims    The Nigerian National Petroleum Company Limited (NNPC Ltd) has denied claims in a section of the media alleging that it inflated subsidy claims by N3.3trillion. In a statement obtained by The Daily, http://www.thedaily-ng.com, the company, stated: “NNPC Ltd conducts its businesses accountably and transparently in keeping with

FG Moves to Cushion Effects of Subsidy Removal, Commissions 5.2 mmscfd CNG Plant in Lagos                                 …As NNPC Plans to Roll Out Six More CNG Stations Nationwide   In its continued efforts to provide alternative sources of fuel for Nigerians and lessen the impact of subsidy removal on petrol, the Federal Government has commissioned

NNPC Ltd , Schlumberger (SLB) Sign Agreement to Boost Upstream Operations                                            …As Kyari Reiterates Company’s Resolve to Create Value for Nigeria   As part of strategic reforms aimed at unlocking opportunities in the nation’s oil and gas industry, the NNPC Energy Services Limited (EnServ) and Schlumberger (SLB), a renowned global technology company, have signed

NNPC E&P Ltd, NOSL Hit First Oil in OML 13, Akwa Ibom State NNPC Exploration and Production Limited (NNPC E&P Ltd), NNPC Ltd’s flagship upstream subsidiary, and Natural Oilfield Services Ltd (NOSL), a subsidiary of Sterling Oil Exploration & Energy Production Company Ltd (SEEPCO), announce the successful commencement of oil production at Oil Mining Lease

NNPC/First E&P JV Empowers NGOs with N53.4m   As part of its Corporate Social Responsibility (CSR) initiatives, the Nigerian National Petroleum Company Limited (NNPC Ltd) and First Exploration & Production Limited (First E&P) joint venture (JV) has donated the sum of N53million to non-governmental organizations (NGOs) in Nigeria. Under the JV’s Impact First Initiative, the

SERAP sues NNPC over failure to account for ‘missing $2.04bn, N164bn oil revenues’     Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against the Nigerian National Petroleum Company (NNPC) Limited over the “failure to account for and explain the whereabouts of the alleged missing USD$2.04 billion and N164 billion oil revenues.”  

NNPC Ltd Says Cause of Tightness in Fuel Supply Resolved     The Nigerian National Petroleum Company Limited (NNPC Ltd) has attributed the emergence of petrol queues in Abuja and its environs to “the tightness in the supply of Premium Motor Spirit currently being experienced in some areas across the country is as a result of

NNPC Ltd, Partner Unlock 12,000bpd Production from Awoba Unit Field    Keen on optimising production from the nation’s hydrocarbon assets to boost revenues and meet the nation’s OPEC production quota, the Nigerian National Petroleum Company Limited (NNPC Ltd) and its Joint Venture partner in the Awoba Unit Field, Newcross Exploration and Production Ltd, have restarted