Nigerian National Petroleum Corporation
Stakeholders highlight potential of frontier inland basins, seek collaboration
Researchers and industry experts have restated the need to deepen the current effort in exploring Nigeria’s frontier inland basins to improve the nation’s economy and oil and gas projections.
Why oil, gas pipelines vandalism persists in Nigeria, by stakeholders
Stakeholders in the oil and gas sector yesterday decried the rising cases of oil pipeline vandalism in the country, which has led to a loss of over $42b
NNPC canvasses stronger collaboration among players, government, others
The Nigerian National Petroleum Corporation (NNPC), has canvassed for stronger innovative collaborations among players, universities, and the government to meet the highly specialised needs of the oil and gas industry and as well
We’ve saved over $3b, NNPC says
Nigerian National Petroleum Corporation (NNPC) yesterday said over $3 billion has been conserved from fresh arbitrations.
Hauwa Yar’Adua–Indimi embraces motherhood
Motherhood is an unexplainable experience, especially for a first-time mother. A woman has to experience it to be able to understand it. Hauwa Yar’Adua–Indimi, daughter of Maiduguri-based oil billionaire, Mohammed Indimi has just found this out. The woman who is married to Mohammed Yar’Adua, son of a former boss of Nigerian National Petroleum Corporation (NNPC),…
Buhari returns to Abuja after Russia–Africa Summit at Sochi
President Muhammadu Buhari has returned to Abuja after actively participating in the three-day Russia – Africa Summit held in Sochi, Russia, with about 40 Heads of State and Governments in attendance.
OML 11 host communities decry lack of electricity 50 years after oil exploration
Host communities of Oil Mining Lease (OML) 11 have decried a lack of electricity for about 50 years of oil exploration activities in their oil-bearing communities.
Sanctity of contracts: Wading through Nigeria’s murky oil sector
The oil and gas sector in Nigeria has been engrossed in legal battles, especially with landmark cases that involved the government through its agencies. From the Malabu oil deal scandal to the $9.6 billion P&ID judgment delivered by a UK court, the issues of contract drafting, negotiations, and adherence to the provisions of agreed terms raise concerns. FEMI ADEKOYA and KINGSLEY JEREMIAH write on why the nation keeps being involved in several litigations that should never exist.
DSS pledges to support protection of NNPC assets
Alhaji Yusuf Bichi, the Director-General, Department of State Services (DSS), on Thursday pledged to support the Nigerian National Petroleum Corporation (NNPC) to protect the corporation’s critical assets.
Stakeholders seek solution as vandals break 45,347 pipeline points in 18yrs
Stakeholders who converged on the Nigeria International Pipeline Technology and Security Conference and Exhibition, have urged for collaborative that will bring a lasting solution to pipeline vandalism as the country recorded a total of 45,347 pipeline breaks in the past 18 years.
At 5.55% refining capacity, Nigeria awaits Dangote’s refinery completion
Nigeria’s four refineries are operating at just 5.55% of their combined nameplate capacity of around 445,000 barrels per day (b/d), according to data released in late May by the Nigerian National Petroleum Corporation (NNPC), underlining that the oil-rich nation still relies heavily on imports for its fuel needs.