President Bola Tinubu has expressed his profound joy at the re-opening of the Warri Refining and Petrochemical Company by the Nigerian National Petroleum Company Limited (NNPCL) describing it as another remarkable achievement in 2024 that has strengthened Nigerians’ hope in his administration. Presidential adviser on information and strategy, Bayo...
NNPCL
By IBRAHIM MOMOH, Lokoja – A former Board member of the Nigerian National Petroleum Company, (NNPC), Dr. (Mrs.) Lami Onayi Ahmed, has called on Nigerians to keep fate with president Ahmed Bola Tinubu reforms aimed at repositioning the economy of the country, saying that the country and people will...
An Oil and Gas Industry Consultant, Dr Maurice Ibe, has tasked the Nigerian National Petroleum Company Limited (NNPC Ltd.) to ensure that the four government refineries are functioning at full capacity. Ibe, who is the Group Executive Chairman of the Benham Group, made this known in an interview with...
The Nigerian National Petroleum Company Limited (NNPC Ltd.), has introduced the Production Monitoring Command Centre (PMCC) as a transformative step in hydrocarbon operations to boost production. The initiative, driven by NNPC Upstream Investment Management Services (NUIMS), builds on the success of the Command and Control Centre to enhance monitoring,...
The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has said that Nigerians should expect a reduction in the pump price of the product within the week. Last week, the Nigerian National Petroleum Company (NNPC) Limited and the Dangote Refinery reduced the ex-depot price of petrol to ₦899...
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has said the price of petrol will drop to N935 per litre by Monday in view of Dangote Refinery’s new arrangement. IPMAN said the new price was necessitated by the reduction in Dangote Refinery’s fuel ex-depot price and uniform arrangement, which...
By OLA MODUPE, Lagos- The Nigerian National Petroleum Company Limited (NNPCL) has cut down prices of Premium Motor Spirit below ₦1,000 per litre. The National Public Relations Officer, Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN), Dr Joseph Obele, announced this in a statement issued on Saturday. The...
By JOY ADARA, Abuja – The Nigerian National Petroleum Company Limited (NNPC Ltd.) has debunked reports in a section of the media alleging that the Old Port Harcourt Refinery which was re-streamed two months ago has been shut down The Chief Corporate Communications Officer, NNPC Ltd, Olufemi Soneye, who...
By OLA MODUPE, Lagos- The Dangote Refinery has come out to clarify the details surrounding the Nigerian National Petroleum Company Limited’s (NNPCL) $1 billion investment in the refinery. The Group Chief Branding and Communications Officer at Dangote Group, Anthony Chiejina, said in a statement on Wednesday that the NNPCL’s...
President Bola Tinubu on Monday lauded the 5 billion dollars Final Investment Decision (FID) made by Shell and its partners on the Bonga North Deep Offshore Field. The FID marks Nigeria’s first deepwater oil project in more than a decade. It underscores the transformative impact of the Tinubu administration’s...
By SADIQ ABUBAKAR, Maiduguri – The Federal Government is to replicate the Maiduguri Emergency Power Plant across the the Federation, especially Northern part to address problems associated with power supply due to incessant vandalization of facilities and inadequate power supply. The State Minister for Petroleum and Gas Resources, Hon....
The Dangote Petroleum Refinery and Petrochemicals has sought to amend its suit against the Nigerian National Petroleum Company Limited (NNPCL) and others. The plea to amend the suit followed an application by the NNPCL before Justice Inyang Ekwo of a Federal High Court in Abuja, urging the court to...
The National Anti-Corruption Crusader (NACC) has urged Nigerian National Petroleum Company Ltd. (NNPCL) to silence its doubters by providing evidence of exporting Low-Sulphur Straight-Run fuel oil (LSSR) from Port Harcourt. The group’s coordinator, Mr Samson Idoko, said this in a statement in Abuja on Saturday. He said NNPCL should...
By OLA MODUPE, Lagos- The Nigerian National Petroleum Company Limited (NNPC Ltd.) has insisted that the Old Port Harcourt Refinery is up and running, with loading operations in full swing. The Group Chief Executive Officer, Mr. Mele Kyari, gave the confirmation at the commissioning of the NUPENG Towers in...
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has confirmed that the Port Harcourt Refinery has resumed production. President of PENGASSAN, Mr Festus Osifo, disclosed this while addressing newsmen at the end of the National Executive Council (NEC) meeting in Abuja on Tuesday. According to Osifo,...
The Port Harcourt Refining Company (PHRC) has not yet commenced bulk sales or opened its purchase portal, as essential processes are still being finalised. The Nigerian National Petroleum Company Limited (NNPC Ltd.) has said an official announcements will be made if and when price reviews on the products occur....
The Petroleum Products Retail Outlet Owners Association of Nigeria (PETROAN) says the Port Harcourt Refinery Company Limited has not released any new purchase price for Premium Motor Spirit (PMS). National President, PETROAN, Dr Billy Gillis-Harry, made this known in a statement on Wednesday. The News Agency of Nigeria (NAN)...
The Port Harcourt Refinery, managed by the Nigerian National Petroleum Company Limited (NNPC Ltd.) through the Port Harcourt Refining Company Limited (PHRC) has commenced operations after undergoing rehabilitation and modernisation. The refinery with 210,000 bpd refining capacity located at Alesa, Eleme, in Port Harcourt, comprises two operational units which...
By OLA MODUPE, Lagos– Dangote Refinery has announced a price reduction for petrol, lowering the cost from N990 to N970 per litre for marketers. The Chief Branding and Communications Officer of Dangote Group, Anthony Chiejina, announced this in a statement issued on Sunday in Lagos. Chiejina said the move...
By EZEKIEL OBI, Abuja – The Nigerian Coalition of Civil Society Organizations (NICOCSO) has strongly condemned the Nigerian National Petroleum Company Limited (NNPCL) for importing 1.6 billion liters of Premium Motor Spirit (PMS), describing it as a “betrayal of the Nigerian people and a threat to economic stability. Addressing...