Energy
NNPC’s New EVP Upstream, Seeks Transparency, Corporate Governance in Oil Sector Operations
The NNPC Ltd’s new Executive Vice President, Upstream, Mr. Udobong Ntia, has called on upstream stakeholders in the nation’s oil and gas industry to strengthen corporate governance, transparency and efficiency in their operations. Speaking at the Upstream Governance, Risk, and Compliance Workshop in Lagos, with the theme “Enhancing Governance, Risk…
Read More »No Disparity between NNPC’s, NUPRC’s Crude Oil Production Figures
The Nigerian National Petroleum Company Limited (NNPC Ltd) has clarified that there is no discrepancy between its crude oil production figures and those supplied by the regulatory agency, the Nigerian Upstream Petroleum Regulatory Company (NUPRC). The Company gave the clarification against the backdrop of reports in a section of the…
Read More »NNPC’s Utapate crude grade hits global oil market
…OML 13 asset eyes 80,000bpd by end of 2025 In a major boost for Nigeria’s crude oil production, revenue generation and economic growth efforts, the NNPC Ltd has officially unveiled its latest crude oil grade, the Utapate crude oil blend, before the international crude oil market. It would be recalled…
Read More »NNPCL to boost 1.6bscf gas supply for domestic market with 12 CNG Mother Stations, Mini LNG plants
Group CEO of NNPC Ltd, Mele Kyari has said that the company had perfected plans to deliver 12 Compressed Natural Gas (CNG) Mother Stations and Mini LNG Plants soon, as part of efforts to boost the existing 1.6bscf of gas supply for domestic market. Speaking at the opening ceremony of…
Read More »Military neutralizes 140 terrorists, prevents N1.75b oil theft in one week
The Defence Headquarters has confirmed it troops operating across various theaters in the country neutralized 140 terrorists, rescued 76 kidnapped hostages and thwarted an attempt at oil theft, preventing losses estimated at over ₦1.75 billion . Speaking on Thursday during the biweekly media briefing at the Defence Headquarters in Abuja,…
Read More »Nigerian Navy’s Crackdown on Illegal Refineries, Crude Oil Theft in Niger Delta Yields Results
Between 2 and 23 September 2024, the Nigerian Navy, under Operation DELTA SANITY, intensified its fight against crude oil theft and other maritime crimes in the Niger Delta, achieving notable successes. This 21-day operation resulted in the destruction of several illegal refining sites and the arrest of eight suspected crude…
Read More »Defence Headquarters Confirms Neutralization of 1,937 Terrorists in Third Quarter of 2024, Intensifies Leadership Decapitation Strategy
In a series of decisive operations aimed at dismantling terrorist organizations, the Defence Headquarters has confirmed that its troops neutralized 1,937 terrorists during the third quarter of 2024. During a biweekly press briefing held on Thursday at the Defence Headquarters in Abuja, Major General Edward Buba, Director of Defence Media…
Read More »NNPC Ltd moves to revive Brass, OK LNG projects
In its continued bid to maximise the nation’s abundant gas resources for economic development and prosperity, NNPC Ltd has begun discussions with investors towards bringing back two Liquefied Natural Gas (LNG) projects, Brass and Olokola LNG projects. NNPC Ltd’s Chief Financial Officer (CFO), Mr. Umar Ajiya disclosed this on the…
Read More »EFCC hands over 53 vehicles, $180,300 to Canadian Police
The EFCC on Friday, handed over 53 recovered vehicles and 180, 300 dollars to the Royal Canadian Mounted Police (RCMP) on behalf of the victims of financial crimes in Canada. Ola Olukoyede, Chairman of the anti-graft agency handed over the recovered assets to the representatives of RCMP in Abuja. The…
Read More »Gunmen kill police operative, set station ablaze in Imo community
Gunmen launched an attack on the quiet Umulogho Community in Obowo Local Government Area of Imo, on Wednesday, killing a police operative and torching a section of a police station. The News Agencyof Nigeria (NAN) learnt that the incident happened at Umulogho by NEPA Junction on the Owerri-Umuahia Road. The…
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