What oil production is Nigeria targeting in 2023? Security challenges around oil operations in the country became very manifest early on in 2022 and we took steps to bring back production, which has paid off. In July, net crude oil output, excluding condensates, had dropped to one million barrels, the lowest in the history of our industry. By the end […]
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The Chief Corporate Communications Officer, NNPC Ltd, Garba Deen Muhammad has been nominated as the 2022 Swift Reporters Proficient Public Affairs Award recipient According to a press release signed by the Publisher of Swift Reporters, Adewole Kehinde, he said that the award is in recognition of the Chief Corporate Communications Officer’s immense contribution to the media especially before, during, and […]
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…Says there will be zero tolerance for crude Oil Theft The Federal Government has stated that the threat of crude oil theft and pipeline vandalism in the country will not be tolerated. This comes as President Muhammadu Buhari has directed that a high-powered delegation consisting of the Minister of State for Petroleum Resources, the Chief of Defense Staff, the Chief […]
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The NNPC Limited has described as untrue, an online publication alleging that the company exported 17.877 million barrels of crude oil from 2016 to 2020 without proper documentation. A statement refuting the allegation, signed by Chief Corporate Communications Officer of NNPC Limited, Garba Deen Muhammad; noted that “#NNPC does not appoint inspection agent as alleged” and that “the Auditor General […]
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The Nigerian National Petroleum Company Limited is prospecting for crude oil in more locations across the north, after discovering the commodity in Bauchi and Gombe states. NNPC stated that it was currently taking coordinated steps for more frontier exploration in the region, as part of measures to shore up the country’s oil output and reserves. The company said this in […]
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By Adewole Kehinde It is no longer news that Nigerians have faced fuel scarcity in the weeks leading up to the Christmas holidays in the past. Due to fuel shortages, travellers frequently pay twice the cost of transportation to their vacation destination. Fuel scarcity, which has hampered citizens’ productivity in recent years, is primarily due to distribution issues rather than […]
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Tantita Security Services, the private security contractor hired by the Nigerian National Petroleum Company Ltd, intercepted a barge and a truck carrying stolen crude oil in two separate operations. Tantita Security Services’ Maritime Intelligence Unit (PSC) was tipped off on the activities of a suspected vessel on December 22, 2022, in the first of two recent high-profile discoveries. According to […]
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By Adewole Kehinde On July 19, 2022, the Nigerian government made an official announcement confirming the complete transformation of the Nigerian National Petroleum Corporation (NNPC) into NNPC Limited (NNPC Limited). NNPC Limited is a brainchild of the Nigerian Petroleum Industry Act (PIA) which was passed into law in August 2021. The NNPC was a state-owned and controlled corporation licensed to […]
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The Executive Secretary, Engr. Simbo Kesiye Wabote recently commissioned a block of Quality Control and Assurance Laboratories christened, Nigerian Content Laboratories by Laser Engineering and Resources Consultants Limited, as part of efforts by the Nigerian Content Development and Monitoring Board, (NCDMB) to increase indigenous capacities, capabilities, and competencies in the oil and gas industry. Speaking at the commissioning, Engr. Wabote […]
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In a bid to ease the challenges facing by Nigerians to access the product, the Nigerian National Petroleum Company Limited, NNPCL, yesterday, adopted new measures aimed at guaranteeing adequate fuel supply across the country, by fixing N148 per litre as the price for lifting petrol at depots. It also agreed to supply outstanding stock to independent oil marketers, to end […]
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