The Nigerian National Petroleum Company Limited (NNPC Ltd) and its partners have revved up crude oil and gas production to 1.8million barrels per day (mbpd) and 7.4 billion standard cubic feet per day (scfd). The company which announced this at a press briefing on Thursday said the feat was achieved in compliance with the mandate…
…10-year Deal to Boost Local Production, Revamp Industrial Growth The NNPC Gas Marketing Limited (NGML), a subsidiary of the Nigerian National Petroleum Company (NNPC) Limited, has successfully executed a Gas Sale and Purchase Agreement (GSPA) with Dangote Petroleum Refinery and Petrochemicals FZE. The Chief Corporate Communication Officer, Olufemi Soneye, in a statement, said the agreement,…
The Standards Organisation of Nigeria and the Nigerian Midstream and Downstream Petroleum Regulatory Authority certify the imported Premium Motor Spirit, popularly called petrol, that is imported into Nigeria, oil marketers have said. They disclosed this on Thursday in response to claims by the Dangote Petroleum Refinery that off-spec petroleum products were imported into the country…
The Depots and Petroleum Products Marketers Association of Nigeria (DAPPMAN) has countered the claim by Dangote Refinery that any oil importers landing petrol at a price cheaper than what the refinery is selling are importing substandard products and conniving with international traders to dump low quality products into Nigeria. The refinery had made the claim…
Heirs Energies, a leading integrated energy company in Africa, has announced its participation in the prestigious African Energy Week 2024, holding between 4th and 8th of November in Cape Town, South Africa. Osa Igiehon, CEO of Heirs Energies, will represent the company at this pivotal gathering of energy stakeholders across the continent and beyond. The…
The Dangote Petroleum Refinery wishes to clarify that it has not received any payments from the Independent Petroleum Marketers Association of Nigeria (IPMAN) to purchase refined petroleum products. In a statement, the Group Chief Branding and Communications Officer, Anthony Chiejina, says although discussions are ongoing with IPMAN, it is misleading to suggest that they (IPMAN…
The Nigerian National Petroleum Company Ltd (NNPC Ltd) through NNPC Foundation, its Corporate Social Responsibility (CSR) arm, is set to launch a free cancer screening campaign to address Nigeria’s rising cancer cases. The campaign, tagged “Cancer Awareness and ZSX Screening” will provide, not just free cancer screening to indigent Nigerians, but also health education, workshops,…
About 42.3 million litres of imported Premium Motor Spirit, popularly called petrol, are expected in the country next week, oil marketers stated on Friday, urging local refiners to ramp up production. Dealers said petrol imports would continue until the production of the commodity in the country was enough to meet domestic demand. They insisted that…
Winners have emerged in this year’s special edition of the TotalEnergies, Nigeria Startupper Challenge organized to celebrate its centenary Anniversary. The three winners in the local category were honored during an official prize-giving ceremony in Lagos. The are: Temitope YAKUBU in the Innov’Up category for being the best entrepreneur with his project “INTERKOOL BY FARMCI”, a portable,…
The Federal Government has stopped the export of locally produced Liquefied Petroleum Gas, also known as cooking gas, to prioritise domestic supply. The measure, announced by the Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, on Tuesday, is intended to mitigate the soaring price of gas and will take effect from November 1, 2024….
