Headlines

NNPCL Shareholders ratify sweeping changes

DailyTimesNGR DailyTimesNGR 5 April 2025 0

..Owubare is new communications officer By Andrew Oota Shareholders of the Nigerian National Petroleum Company Limited, NNPC Ltd, have passed a resolution ratifying the appointment of Bashir Bayo Ojulari as Group Chief Executive Officer, Rowland Ewubare as Group Chief Operating Officer, and

News

NNPC, FIRST E&P make major oil discovery in OML 85

DailyTimesNGR DailyTimesNGR 8 March 2025 0

BY MOTOLANI OSENI The Nigerian Petroleum Company Limited (NNPC Limited) and FIRST Exploration & Petroleum Development Company Limited (FIRST E&P) Joint Venture (JV) have made a significant hydrocarbon discovery in the Songhai Field, located in OML 85. The well, according to reports, encountered hydrocarbons across eight reservoirs, logging over 1,000 feet of

Business

NNPC assures Nigerians of high-quality fuel, warns against misinformation

DailyTimesNGR DailyTimesNGR 16 February 2025 0

BY MOTOLANI OSENI The Nigerian National Petroleum Company Limited (NNPC Ltd.) has reaffirmed the quality of Premium Motor Spirit (PMS) dispensed at its retail outlets, dismissing recent claims suggesting otherwise as baseless misinformation. In a statement issued by its Chief Corporate Communications Officer, Olufemi Soneye, the company described a viral video alleging

Business

Group seeks clarity on NNPCL CEO’s tenure

DailyTimesNGR DailyTimesNGR 2 February 2025 0

BY MOTOLANI OSENI The Society of Energy Editors has called on the ministry of Petroleum Resources, led by President Bola Tinubu, to provide clarity on the tenure of Mallam Mele Kyari, who is the chief executive of the Nigerian National Petroleum Company Limited (NNPC). Recently, Kyari turned 60, sparking expectations of his retirement in line […]

News

Meritocracy and Milestones at NNPC: Setting the Record Straight

DailyTimesNGR DailyTimesNGR 30 December 2024 0

It is important to address the concerns raised in Farooq Kperogi’s recent article, “Tinubu’s Buharisation of the NNPC”, and to clarify some of the misconceptions about the operations and leadership structure of the Nigerian National Petroleum Company (NNPC) Limited. First, employment, promotions, appointments, and movements of business leaders at the NNPC are not

News

Energy Advocates Condemn Collapse of $1.5b Port Harcourt Refinery, Demand Accountability

DailyTimesNGR DailyTimesNGR 21 December 2024 0

A group of energy advocates and socio-economic activists has condemned the collapse of the Port Harcourt Refining Company, just weeks after the Nigerian National Petroleum Company Limited (NNPCL) claimed it had been restreamed. The Energy Reforms Advocates and Socio-Economic Activists, led by Dr. Thomas Zion Godknows, at a press conference in Port Harcourt on Saturday,

Headlines

STATE OF THE NATION: Outrage as NNPC raises PMS price to N855 per litre

DailyTimesNGR DailyTimesNGR 4 September 2024 0

..Experts demand incentives to help Nigerians grapple with hardship ..You’ve betrayed Nigerians, NLC tells Tinubu BY MOTOLANI OSENI & UKPONO UKPONG The Nigerian National Petroleum Company Limited (NNPC) has raised the price of petrol to an alarming N855 per litre, causing widespread public outcry and sparking calls for government intervention. Experts and labour

News

Malta Saga: Coalition Calls for Independent Leadership for NNPCL, Oil and Gas Agencies

DailyTimesNGR DailyTimesNGR 18 August 2024 0

***Wants Independent Judicial Inquiry by FG to Unravel Fraud The Citizens and Economic Freedom Rights Activists in Nigeria (CEFRAN) has called for an independent leadership for the Nigerian National Petroleum Company Limited (NNPC) and oil and gas agencies, as well as an independent judicial inquiry by the Federal Government to unravel the fraud in the […]

News

New Attempt to De-market Dangote Refinery By NNPC, NMDPRA Affront to Reps Steps – Deputy Spokesperson

Ihesiulo Grace 27 July 2024 0

The Deputy Spokesman of the House of Representatives, Rep. Philip Agbese, has accused the Nigerian National Petroleum Corporation (NNPC) and Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) of fresh plots to de-market the Dangote Refinery. Agbese, speaking to newsmen on Friday in Abuja, described claims that Dangote Refinery is reselling shipments

Headlines

Logistics challenges, flooding cause of fuel queues – NNPC Ltd

DailyTimesNGR DailyTimesNGR 9 July 2024 0

..Says Fuel stations to operate longer hours to aid PMS supply The Nigerian National Petroleum Company Limited (NNPC Ltd.) has attributed the current fuel queues in the FCT and some parts of the country to the disruption of ship-to-ship (STS) transfer of Premium Motor Spirit (PMS), also known as petrol. Mr Olufemi Soneye, Chief Corporate […]

News

NNPCL deploys resources to transform Nigeria into gas-powered nation

DailyTimesNGR DailyTimesNGR 23 April 2024 0

By Motolani Oseni Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company (NNPC) Ltd, Mr. Mele Kyari has said, the company is deploying enormous resources to provide energy security to the country by investing in the gas sector. Kyari, while speaking, when he received the Energy Times’ GCEO of the Year Award in […]

Headlines

NNPC Ltd woos S’Korean investors for gas projects

DailyTimesNGR DailyTimesNGR 31 January 2024 0

The Nigerian National Petroleum Company Limited (NNPC Ltd) has held talks with a South Korean consortium led by Daewoo E & C on the development of gas projects in Nigeria. The Group Chief Executive Officer of NNPC Ltd, Mr Mele Kyari, led the company’s team to the discussions held in Seoul, South Korea. This is […]

News

NNPC seeks private companies to operate in Port Harcourt refinery

DailyTimesNGR DailyTimesNGR 16 January 2024 0

The Nigerian National Petroleum Company Limited (NNPC) says it is seeking private companies for the operation and maintenance of its Port Harcourt refinery in Rivers State. The NNPC disclosed this on Monday in a post on X. The Nigerian government, in 2023, resumed rehabilitation of three of its four refineries – Warri, Kaduna and Port […]

News

NNPC: No plan to increase price of petrol soon

Ihesiulo Grace 4 January 2024 0

The Nigerian National Petroleum Company (NNPC) Ltd. has assured the Nigerian public that there is no imminent plan to increase the cost of Premium Motor Spirit (PMS), commonly known as petrol. In a statement released Wednesday night and signed by Chief Corporate Communications Officer Olufemi O. Soneye, NNPC urged Nigerians to disregard unfounded rumours and […]

Headlines

Court awards N100Bn damages against NNPC ,NLNG ,2 others

DailyTimesNGR DailyTimesNGR 20 September 2023 0

…For violating lease agreement with Finima community …Orders NLNG to stop operations in Finima BY ANDREW OROLUA In a landmark judgment, Federal High Court sitting in Abuja has ordered the Nigerian National Petroleum Corporation Limited (NNPCL), Nigeria Liquefied Natural Gas (NLNG) Limited and two others to pay N100billion damages to oil host, Finima community of […]

News

NNPC Retails made profit of N18.4b, first quarter 2023 – Kyari

DailyTimesNGR DailyTimesNGR 16 September 2023 0

By Tom Okpe Group Chief Executive Officer of the Nigeria National Petroleum Company Limited, Mele Kyari has revealed that the NNPC Retails made a profit of N18.4 billion in the first quarter of 2023. Kyari made this revelation on Friday at the House of Representatives, saying the company has over 900 fuel stations spread across […]

News

Oil Theft: House C’ttee insists NNPC, NIMASA, NIWA CEOs must appear before it

DailyTimesNGR DailyTimesNGR 9 September 2023 0

By Tom Okpe The House of Representatives Ad’hoc Committee, investigating crude oil theft has insisted on appearance, physically, of Group Chief Executive Officers of the Nigeria National Petroleum Ltd, (NNPC); Nigeria Maritime Administration and Safety Agency, (NIMASA) and the Nigeria Inland Waterways Authority, (NIWA). Chairman of the Committee, Rep Alhassan Rurum

Politics

Senate indicts NNPC over failure to provide details of N102bn crude oil delivery

Ihesiulo Grace 5 April 2023 0

…demands audit of crude oil delivered to Warri, Kaduna refineries By Tunde Opalana Senate on Wednesday indicted Nigerian National Petroleum Coporation (NNPC) over poor record keeping for lifting of crude oil worth about $376, 655,589 (N102.6 billion) to Warri Refinery and Petrochemical Company (WRPC) and Kaduna Refinery and Petrochemical Company without necessary details

News

$1.6b money laundering trial: Two former top NNPC officials bag 2yrs imprisonment

Ihesiulo Grace 11 February 2023 0

By Benjamin Omoike Two former top officials of the Nigerian National Petroleum Corporation (NNPC), Victor Briggs and Abiye Membere, have been sentenced to two years imprisonment by the Federal High Court sitting in Abuja. Justice Nnamdi Digmba handed them the sentence on Wednesday, February 8, 2023, after he found them guilty of “unethically collecting car […]

News

Senator Margery Chuba-Okadigbo: One year of NNPCL and the sojourn for energy revolution in Nigeria

Ihesiulo Grace 11 January 2023 0

By Benjamin Anyaegbunam 7th January marked One year anniversary of the Inauguration of the Nigerian National Petroleum Company (NNPC) Limited by President Muhammadu Buhari with Senator Margery Chuba-Okadigbo as the Chairman of the newly inaugurated Energy Company. Senator Margery Chuba-Okadigbo leads the Most capitalised Energy Company in the sub-Sahara Africa, Like