ENERGY

Production of more than 450, 000 barrels of crude oil is at risk following an explosion reported today at the Trans-Niger Pipeline (TNP) in Rivers State. The pipeline is considered one of Nigeria’s biggest oil pipelines. It is a major crude oil transportation pipeline in the Niger Delta region, which...

The Nigerian Content Development and Monitoring Board (NCDMB) has noted the comments made by the President of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), Mr. Festus Osifo, during the union’s recent protest at the headquarters of Sterling Oil Exploration and Energy Production Company (SEEPCO), at Victoria...

NNPC Limited has reaffirmed its commitment to ensuring that funds allocated under the Petroleum Industry Act (PIA) are effectively utilized to deliver meaningful development in host communities. This pledge was made during a stakeholder engagement session held with the KEFFESO Host Communities Development Trust (HCDT), a cluster of host communities...

The Federal Government on Monday said it has noted public concerns on Expatriate Quota policy in the oil sector and therefore restricted approvals to only the Minister and the Permanent Secretary in the Ministry of Interior. The government added that citizenship applications and approvals would be done through same approving...

11Plc, a renowned petroleum marketing company, has once again demonstrated its commitment to upholding the highest standards of integrity and quality service. According to a statement from the company signed by Mr. Taofik Lawal, the spokesperson for the company, the company's swift response to a recent incident at one of...

The Nigerian National Petroleum Company Limited (NNPCL) says it has ongoing discussions with Dangote Refinery towards reaching a new contract. Chief Corporate Communications Officer of NNPC Ltd, Mr. Olufemi Soneye, who disclosed this in a statement on Monday, said the contract for the sale of crude oil in Naira was...

The NNPC Gas Marketing Ltd (NGML), a subsidiary of the NNPC Ltd, and its Unincorporated Joint Venture partner, NIPCO Gas Ltd, have executed a Gas Sale and Purchase Agreement (GSPA) with Ssonic Petroleum Ltd to supply natural gas to the company’s proposed Liquefied Natural Gas (LNG) plant in Lekki Free...

The Transmission Company of Nigeria has announced an increase in power generation to 5,801.84 megawatts. A statement signed by its management on Wednesday said the feat is yet another milestone in peak generation, and maximum daily energy ever attained in Nigeria’s power sector. “(TCN) is pleased to announce that the...

• insists NNPC Ltd didn’t import products this year • says importation a standard industry practice worldwide The Group Chief Executive Officer of NNPC Ltd, Mr. Mele Kyari has flayed talks about the existence of sub-standard fuel in the country, describing it as unfortunatedrama and bad marketing practice. Kyari, who...

The Nigerian National Petroleum Company Limited (NNPCL) has denied importing 200 million litres of Premium Motor Spirit (PMS) petrol or any volume in 2025. This was contained in the rejoinder its Chief Corporate Communications Officer, Olufemi Soneye issued on Tuesday. The statement described the story as false and the handiwork...