The recently appointed Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC Ltd), Mr. Bayo Ojulari, has reaffirmed his unwavering commitment to delivering on the company’s strategic national mandates through purposeful collaboration with key stakeholders in the oil and gas sector. Ojulari gave this assurance on Wednesday during a courtesy visit to
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced a significant update on Nigeria’s hydrocarbon reserves, revealing that the country’s crude oil and condensate reserves now stand at a combined total of 37.28 billion barrels. This figure includes 31.44 billion barrels of crude oil and 5.84 billion barrels of condensate. Additionally, Nigeria’s natural gas reserves
The Nigerian National Petroleum Corporation (NNPC) and its partners have launched a new project aimed at enhancing the country’s energy and maritime sectors. This comes after the successful delivery of two refineries, a significant milestone in Nigeria’s efforts to bolster its domestic refining capacity. The new initiative, which was officially launched on [date], is expected
The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has called on the Nigerian National Petroleum Company Limited (NNPC Ltd.) to activate the “Petroleum Products Passport” platform nationwide. This move is aimed at improving the security and accountability of petroleum products from depots to retail outlets. The Petroleum Products Passport is a document that
President Bola Ahmed Tinubu has approved a major shake-up of the Nigerian National Petroleum Company Limited (NNPC Ltd.), reconstituting its board and appointing new leadership to steer the state-owned oil corporation towards greater efficiency and investment growth. The restructuring sees the removal of Pius Akinyelure as Chairman and Mele Kyari as the Group Chief Executive
