Tag: NNPC
NNPC Signs Mou With Chinese Firms To Support Port Harcourt, Warri Refineries
Abuja, Nigeria — May 4, 2026 The Nigerian National Petroleum Company Limited (NNPC Ltd.) has signed a Memorandum of Understanding (MoU) with two Chinese firms, Sanjiang Chemical Company Limited and Xinganchen Fuzhou Industrial Park Operation and Management Co Ltd. The agreement is aimed at fostering collaboration through a potential Technical Equity Partnership to support the…
NNPC, Chinese firms sign MoU towards restart, expansion of Warri, Port Harcourt refineries
Abuja, Nigeria — May 4, 2026 The Nigerian National Petroleum Company Limited (NNPC Ltd.) has signed a Memorandum of Understanding (MoU) with two Chinese firms, Sanjiang Chemical Company Limited and Xinganchen Fuzhou Industrial Park Operation and Management Co Ltd, to support the restart and expansion of Nigeria’s key refineries. The agreement is aimed at fostering…
Nnpc Limited Records Major Breakthrough With Successful River Niger Crossing On Ob3 Gas Pipeline
Abuja, Nigeria — April 30, 2026 NNPC Limited has announced a major milestone in Nigeria’s energy infrastructure development, with the successful completion of the River Niger crossing on the Obiafu-Obrikom-Oben (OB3) Gas Pipeline. The achievement was executed by the NNPC Gas Infrastructure Company (NGIC), a wholly owned subsidiary of NNPC Limited, as part of ongoing…
Financial Literacy: NNPC Foundation Trains Batch A Stream 2 Corps Members
Abuja, Nigeria — April 29, 2026 The NNPC Foundation Ltd./Gte has continued its corporate social responsibility drive on youth empowerment with the training of Batch A, Stream 2 corps members of the National Youth Service Corps (NYSC) in financial literacy and entrepreneurship.The training, which took place over the weekend at the NYSC Orientation Camp in…
NNPC Marks World Day for Safety and Health at Work, Emphasises Workplace Safety
Abuja, Nigeria, Monday, April 27, 2026 The Nigerian National Petroleum Company (NNPC) Limited has joined the global community in commemorating the World Day for Safety and Health at Work, highlighting the importance of maintaining safe and healthy working environments. In a statement, the company stressed that every worker deserves to return home safely, noting that…
NNPC, Sonatrach Sign MoU to Boost Research and Innovation in Oil & Gas
Abuja, Nigeria, April 23, 2026 Nigeria’s national oil company, NNPC Limited, has signed a Memorandum of Understanding (MoU) with Sonatrach, the Algerian National Oil Company, to strengthen collaboration in research, development, and innovation within the oil and gas sector. The agreement, executed through NNPC Limited’s Research, Technology and Innovation (RTI) Division in partnership with the…
President Tinubu Overhauls NNPC Leadership, Appoints New Board to Drive Oil Sector Reforms
April 2, 2025 | Abuja In a sweeping move to revitalize Nigeria’s energy sector, President Bola Ahmed Tinubu today announced a complete reconstitution of the Nigerian National Petroleum Company (NNPC) Limited board, replacing Chairman Pius Akinyelure and Group CEO Mele Kyari alongside all board members appointed in November 2023. New Leadership TeamThe newly constituted 11-member…
NNPCL Prepares for Landmark Public Listing Amid Transparency Concerns
The Nigerian National Petroleum Company Limited (NNPCL) has entered the final stages of its long-anticipated transition to a publicly traded entity, announcing plans to list its shares on the capital market in compliance with the Petroleum Industry Act (PIA) 2021. The move, revealed Thursday by Chief Corporate Communications Officer Olufemi Soneye, marks a pivotal moment…
Oil Sector Reforms Attract $17 Billion in Foreign Investment – NNPC
The Nigerian National Petroleum Company Limited (NNPC) has announced that reforms in the oil and gas sector, driven by the Petroleum Industry Act (PIA) 2021 and Executive Orders issued by President Bola Ahmed Tinubu, attracted approximately $17 billion in foreign investment in 2024. This revelation was made by Mr. Udy Ntia, Executive Vice President of…
NNPC Ltd Expands Domestic Gas Supply with Landmark Agreement for 80mmscf/d Supply to Ssonic Petroleum
In a significant move to bolster domestic gas utilization and support Nigeria’s industrial and economic growth, the Nigerian National Petroleum Company Limited (NNPC Ltd) has signed a landmark Gas Sale and Purchase Agreement (GSPA) with Ssonic Petroleum Ltd. The agreement, executed on Thursday, March 6, 2025, will see NNPC Gas Marketing Ltd (NGML), a subsidiary…