NNPCL

Ararume: Security report may have forced Pres. Buhari to drop him from NNPC’s board — CSOs

More facts have emerged as to why President Muhammadu Buhari dropped Senator Ifeanyi Ararume as the non-executive Chairman of the board of the...

Judicial meddlesomeness in NNPCL’s board’s chairmanship: Threat to company’s stability, corporate governance, investment drive

By Dele Akinsola The judicial pronouncement of a Federal High Court in Abuja, “annulling’ ‘a presidential nomination and appointment of the non-executive Chairman...

Court judgment restoring Ararume as NNPCL’s non-Executive Chairman, usurpation of President’s powers, recipe for anarchy — CACSG

The Coalition of Arewa Civil Society Group (CACSG) has criticized a judgment of the Federal High Court in Abuja, restoring Senator Ifeanyi Ararume...

Appointment, remuneration, tenures of NNPC Ltd GCEO, CFO are in order — NUPENG, PENGASSAN

Following the controversy trailing the appointments, remuneration and tenures of the Group Chief Executive Officer and the Chief Financial Officer of the Nigerian...

NNPCL Board: Court nullifies Ararume’s removal by Pres. Buhari as Chairman, reinstates him

A damning judgment against President Muhammadu Buhari’s order, removing Senator Ifeanyi Godwin Ararume as non-executive Board Chairman of the Nigerian National Petroleum Company...

NNPCL And Appropriateness Of The Transitions Within

by Engr Opeyemi Omolade The defunct Nigerian National Petroleum Corporation (NNPC) has undergone a series of transitions from its old order to become...

Alleged N20bn paid to “ghost consultants’’: It’s cheap blackmail, false, baseless report — NNPCL

Contrary to an online media platform’s report, the Nigerian National Petroleum Company Ltd (NNPCL) says it is not true that it paid the...

NNPC targets 50bn barrels of hydrocarbon reserves as Buhari flags off oil well in Nasarawa

President Muhammed Buhari on Tuesday flagged off the official commencement of the first exploration and oil drilling activities in Nasarawa State. Speaking at...

Allegations of sabotage against NNPCL Vice-President, Adokeiye, baseless, tissues of lies

The allegations of oil facilities sabotage levelled against the Executive Vice-President of of the Nigerian National Petroleum Corporation Limited (NNPCL), Mr Tombomeiye Adokeiye,...

NNPC Ltd leveraging gas as transition and destination fuel, deploying gas for electrification, domestic industries exports — Chief Upstream Investment Officer, Bala Wunti

The Nigerian National Petroleum Company Ltd’s shift from production of oil with associated gas to the production of gas with associated oil will...

Nigeria’s crude output to hit OPEC’s 1.8m barrels per day — Kyari, says NNPC is winning oil theft war, combating crude losses

Nigeria’s crude oil production output is steadily growing and it is expected to hit the 1.8 million barrels per day OPEC quota, according...

Petrol subsidy now hit N400bn monthly, says Mele Kyari

The Group Chief Executive Officer of the Nigeria National Petroleum Company Limited (NNPCL), Malam Mele Kyari, has disclosed that the amount spent as...

Just in: Petrol queues to ease off next week, NNPCL GCEO, Kyari says

Within the next one week, Nigerians will heave a sigh of relief on the artificial petrol scarcity across the country, the Group Chief...

CBN-imposed cash crunch compounds, frustrates petrol purchases across Nigeria, hurts economy

For several weeks unendingly, scarcity of the new naira notes and or inadequate injection into circulation by Nigeria’s Central bank has continued to...

Pres. Buhari directs termination of Addax contract with NNPC, assets taken over 

Backed by the Presidency, the Nigerian National Petroleum Company Ltd says it has terminated the Production Sharing Contract (PSC) with Addax Petroleum Ltd...