Tag: Oil and Gas
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Situation Report on the Attack and Killing of Military Personnel on Peace Mission by Okuoma Community
Press Release Abuja, March 16 – The troops of 181 Amphibious Batallion, Bomadi Local Government Area of Delta State While on peace mission to OKUOMA community in BOMADI LGA of Delta State were surrounded by some community youths and killed on Thursday, 14 March, 2024. The unfortunate incident occurred when…
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IOC’s Divestment: We Facilitate, Not Hinder Process – NNPC Ltd
Abuja, Feb. 27 – The Nigerian National Petroleum Company Limited (NNPC Ltd), as the largest partner to all the oil producing companies in Nigeria, has assured that its role in the divestment of the International Oil Companies from onshore and shallow water assets in the country is that of a…
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NNPC Ltd. Celebrates 14,000bpd Production from Akpo West Field
PRESS RELEASE Abuja, Feb. 7 – In line with President Bola Ahmed Tinubu’s directive to the Nigerian National Petroleum Company Limited (NNPC Ltd.) to optimise production from the nation’s oil and gas assets, the Company has announced the successful commencement of oil production from the Akpo West Field. The milestone,…
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Oando Plc Announces Federal Court’s Adjournment of Hearing
Lagos, Feb, 6 – OANDO PLC ANNOUNCES FEDERAL HIGH COURT’S ADJOURNMENT OF HEARING ON ITS SCHEME OF ARRANGEMENT Oando PLC (referred to as “Oando” or the “Company”), Nigeria’s leading indigenous energy group listed on both the Nigerian Exchange Limited (NGX) and Johannesburg Stock Exchange (JSE), hereby wishes to notify the…
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NNPC Ltd Woos South Korean Investors for Gas Projects …Felicitates Temile Devt. Company on Acquisition of LPG Carrier
Abuja, Feb. 1 – 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…
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Transparency: EITI Rates NNPC Ltd High in Compliance
Abuja, Jan. 38 – PRESS RELEASE Transparency: EITI Rates NNPC Ltd High in Compliance…As Kyari Insists No Public Fund Withheld Global transparency body, Extractive Industries Transparency Initiative (EITI), has scored the Nigerian National Petroleum Company Limited (NNPC Ltd.) very high in its latest global assessment. This was disclosed by EITI’s…
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Nigeria-Morocco Gas Pipeline: FG, Morocco in Talks to Expedite Project
PRESS RELEASE Abuja, Jan. 25 – Nigeria-Morocco Gas Pipeline: FG, Morocco in Talks to Expedite Project In a bid to fast-track the process of achieving the Final Investment Decision (FID) on the Nigeria-Morocco Gas Pipeline, the Federal Government has intensified discussions with the Kingdom of Morocco. The discussion which held…
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Dangote Petroleum Refinery Starts Production
LAGOS, Nigeria, Jan. 13, 2024 – Dangote Petroleum Refinery has commenced production of diesel and aviation fuel. President of Dangote Group, Alhaji Aliko Dangote, elatedly thanked President Bola Ahmed Tinubu for his support, encouragement, and thoughtful advice towards the actualisation of this project. Dangote also thanked the Nigerian National Petroleum Company…
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Afrexim Bank announces disbursement of $2.25B to Nigeria
CAIRO, Egypt, January 12, 2024 – Afreximbank announces an initial disbursement of US$2.25 billion under a syndicated US$3.3 billion Crude Oil Prepayment Facility sponsored by the Nigerian National Petroleum Company Limited. The participation of global, international and regional syndication firms is a further testament to the lending market’s appetite for…
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Dangote: Public Statement Regarding The Recent Visit of The Officers of the Economic and Financial Crimes Commission (EFCC) to Our Head Office
LAGOS, Jan. 8, 2024 – SOURCEDangote Group
TNG Presswire 