Niger Delta: Company refutes allegations of bias in NNPCL’s pipeline protection

By Abubakar Yunusa Pipeline Infrastructure Nigeria Limited has refuted media claims of biases in pipeline protection contracts in the Niger Delta region. The company challenges those making these allegations to a roundtable discussion to examine Pipeline Infrastructures Nigeria Limited’s outstanding…

NNPCL records over N2.5trn profit in 2022

By Abubakar Yunusa The Nigerian National Petroleum Company, NNPC, Ltd says it recorded a profit of N2.548 trillion in 2022. The national oil company in its 2022 Financial Performance Report posted online described the profit as the highest since its…

NNPCL signs MoU with TotalEnergies to deploy methane detection technology

By Abubakar Yunus   The Nigerian National Petroleum Company (NNPC) Limited has signed a memorandum of understanding (MoU) with TotalEnergies for the adoption and deployment of a methane detection technology. According to a statement on Tuesday by Olufemi Soneye, NNPC’s…

NNPC Ltd: Tinubu rewards performance, not blackmail

  If there’s any organization in Nigeria that is a soft target for slothful critics, it’s most certainly the Nigeria National Petroleum Company Limited (NNPCL).   The reasons are obvious. It’s in charge of harnessing Nigeria’s oil and gas reserves,…

Vessel conveying 800,000 liters of stolen crude oil intercepted by NNPCL

The Nigerian National Petroleum Company Ltd. (NNPC Ltd) said it has intercepted a vessel conveying 800,000 litres of suspected stolen crude oil. The vessel and its crew members were apprehended on July 7, by operatives of Messrs. Tantita Security Services…

NNPCL, TotalEnergies tasked over alleged deal with indicted US Company

  By Lateef Ibrahim, Abuja   The South-South Reawakening Group, SSRG, has petitioned the board of the Nigerian National Petroleum Corporation Limited, NNPCL, accusing an American company of undermining Nigeria’s local content law and award of a contract for providing…

NNPC signs $1.4bn financing deal for hydrocarbon project

The Nigerian National Petroleum Company (NNPC) Limited says it has sealed a $1.4 billion external project finance agreement for the Northern Hydrocarbon Funding Limited. The agreement, codenamed Project Panther (under the NNPC Limited/Chevron Nigeria Limited joint venture), was sealed at…

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