Category: Energy

JUST IN: Tinubu reshuffles NNPC leadership, appoints new Chairman, Group CEO

Lukman Laleye Babalola

In a sweeping shake-up of Nigeria’s oil and gas sector, President Bola Ahmed Tinubu has reconstituted the board of the Nigerian National Petroleum Company (NNPC) Limited, appointed new leadership to drive efficiency, investment, and energy reforms.   The President removed Chief Pius Akinyelure as board chairman and Mallam Mele Kyari as Group Chief Executive Officer (GCEO), along with all other board members appointed in November 2023. The announcement is contained in a statement by Bayo Onanuga, Special Adviser to the President on Information & Strategy,   The newly appointed 11-member…

NNPC Foundation to restore vision for 6,000 Nigerians, donate 25,000 STEM Books, train farmers nationwide

Lukman Laleye Babalola

In a bid to enhance healthcare, education, and agriculture across Nigeria, the NNPC Foundation Ltd/Gte, the Corporate Social Responsibility (CSR) arm of NNPC Ltd., has launched three transformative programs targeting thousands of Nigerians.   According to a statement signed by Olufemi Soneye, Chief Corporate Communications Officer of NNPC Ltd., the initiatives included free cataract surgeries, the donation of 25,000 Science, Technology, Engineering, and Mathematics (STEM) textbooks, and agricultural training for 6,000 vulnerable farmers. These efforts reflected NNPC Ltd.’s commitment to improving the quality of life and creating sustainable opportunities for…

HOSTCOM reiterates commitment to President Bola Ahmed Tinubu’s Renewed Hope Agenda.

Emporium Reporters

By Our Reporter. The President , Host Communities of Nigeria producing Oil and Gas HOSTCOM, His Highness, (Dr )Benjamin Style Tamaranebi JP has praised Nigeria’s President, Bola Ahmed Tinubu under his Renewed Hope Agenda by increasing the production output of crude oil on assumption of duty, that reduced oil theft . In an open letter to Nigeria’s President,Niger Delta Youths tagged “Call for Restraint; Killing of personnel of Tantita Security Services Nigeria Limited TSSNL, Bombing of oil facilities in the Niger Delta – Protecting our future ” issued on Thursday…

NNPCL moves to list shares on Capital market amid transparency concerns

Emporium Reporters

The Nigerian National Petroleum Company Limited (NNPCL) has announced that it is in the final stages of listing its shares on the capital market, in compliance with the Petroleum Industry Act (PIA) 2021.   In a statement released on Thursday in Abuja, NNPCL’s Chief Corporate Communications Officer, Olufemi Soneye, confirmed that preparations for the Initial Public Offering (IPO) are nearing completion.   The company’s Chief Finance and Investor Relations Officer, Olugbenga Oluwaniyi, revealed that NNPCL is engaging with potential investors through an initiative dubbed the “NNPC Ltd. IPO Beauty Parade.”…

NNPC retail empowers female mechanics at She-Fix 2025, advocates Gender inclusivity in Technical Fields

Lukman Laleye Babalola

NNPC Retail Limited (NRL) has reaffirmed its commitment to gender inclusivity and women’s empowerment with the successful hosting of She-Fix 2025, a landmark event dedicated to recognizing and supporting women in the automotive, technical, and energy sectors. The initiative, which also commemorated International Women’s Day (IWD), took place at The Stable Center, Surulere, Lagos, drawing over 300 participants.   With the theme “Driving Diversity and Powering Progress,” the event underscored the critical role women play in fostering innovation, national development, and economic growth. Participants engaged in hands-on technical demonstrations, interactive…

NNPC debunks Port Harcourt refinery explosion rumor, assures public of safety

Lukman Laleye Babalola

The Nigerian National Petroleum Company Limited (NNPC Ltd) has dismissed reports of an explosion at the Port Harcourt Refining Company (PHRC) in Rivers State, urged the public and media to disregard the misinformation.   In a statement released on Wednesday in Abuja, the Chief Corporate Communications Officer of NNPC Ltd, Olufemi Soneye, clarified that the incident in question was a controlled flare operation, which has since been fully contained.   “There is no danger or health hazard to staff, the surrounding communities, or the environment,” the statement assured.   The…

NNPCL woos global Investors at CERAWeek, highlights Nigeria’s Oil and Gas potential

Lukman Laleye Babalola

The Nigerian National Petroleum Company Limited (NNPC Ltd) has urged global investors to explore the vast opportunities in Nigeria’s oil and gas sector, citing robust regulatory reforms and investment-friendly policies that have transformed the country into an attractive investment hub. The Executive Vice President, Upstream, NNPC Ltd, Mr. Udy Ntia, made this call on Tuesday during a session at the 2025 CERAWeek by S&P Global in Houston, Texas, United States. Speaking on the theme “Spotlight: Attracting Investment for Oil and Gas,” Ntia emphasized that Nigeria is well-positioned as a stable…

CEFC urges NNPCL, NMDPRA to support local refineries ….. Warns against Crude Oil supply disruption to Dangote, Others

Lukman Laleye Babalola

The Conference of Energy & Finance Consultants (CEFC) has called on the Nigerian National Petroleum Company Limited (NNPCL) and the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) to prioritize the survival and growth of local refineries in Nigeria.   The group made this appeal in a statement signed on Thursday by its spokesman, Engr. Anthony Igeriwa, urging the Group Chief Executive Officer of NNPCL, Mallam Mele Kyari, and the CEO of NMDPRA, Mr. Farouk Ahmed, to ensure uninterrupted crude oil supply to local refineries, particularly the Dangote Petrochemical Refinery.…

Senate seeks solutions to Oil spill in Niger Delta

Lukman Laleye Babalola

The Nigerian Senate has expressed grave concern over the recurring fire outbreaks and oil spills in the Niger Delta region, urging relevant authorities to take swift action to address the environmental hazards caused by these incidents.   This call to action followed a motion raised by Senator Ipalibo Banigo, who represents Rivers West Senatorial District. She recalled a recent devastating fire that occurred due to an oil spill in the region. The fire not only caused significant environmental damage but also led to the destruction of property and the displacement…

CDS engages Oil and Gas stakeholders in Port Harcourt, pledges commitment to achieving Presidential Oil Production Target

Lukman Laleye Babalola

The Chief of Defence Staff, General Christopher Gwabin Musa, has held a crucial meeting with key stakeholders in the oil and gas sector, aimed at addressing the challenges hindering the optimization of oil production in Nigeria. During the meeting, General Musa emphasized the critical role oil production plays in the socio-economic development of the country. He pointed to recent progress, highlighting Nigeria’s oil output of over 1.8 million barrels per day as evidence of significant strides made in boosting production. This achievement, according to General Musa, reflects the collective efforts…