Reps Move To Transfer Assets Of Defunct NNPC To NNPC Ltd   The House of Representatives Ad hoc Committee set up to ascertain the total inventory, assets, interests and liabilities of the Nigeria National Petroleum Company Limited is to meet with the Chief Executive Officer of...

Reps Subsidy, Refineries Repairs’ Panel May Invite NNPC, Marketers   The House of Representatives’ Ad Hoc Committee on the State of Refineries in Nigeria has begun investigation of the current state of the country’s four refineries and the amounts spent on the ‘Turn-Around Maintenance’ of the...

Senate Pledges To Back NNPC’s Frontier Exploration   The Senate Committee on Petroleum Resources (Upstream) has said it will look into the issue of funding for frontier exploration in order to ensure that the objective of boosting exploration and production in frontier basins in the next...

NNPC Positioned To Lead Africa In Energy Transition - Kyari The Nigerian National Petroleum Company (NNPC) Limited yesterday gave an account of how it has positioned itself to lead Africa in energy transition. The Chief Executive Officer and Group Managing Director, Malam Mele Kyari disclosed this...

Refineries Rehabilitation Gulped N100bn In 2021 - NNPC   The Nigerian National Petroleum Company Limited has said it spent N100bn on refineries’ rehabilitation in 2021 and that funds were pumped into revamping the facilities on a monthly basis last year. It disclosed this in a report on...

NNPC Secures $5bn Funding From Afreximbank For Upstream Business   The Nigerian National Petroleum Company Limited (NNPC) has secured a $5 billion corporate finance commitment from the African Export-Import Bank (Afreximbank) to fund major investments in Nigeria’s upstream sector. The funding commitment was sequel to a meeting...